About This Home

This 8-bedroom, 6-bathroom multi-family at 232 N 250 E in Orem, UT is listed for $1,095,000 ($263 per sqft). Built in 1969, the home offers 4,160 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1969
  • 0.23 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
6 full
8 spaces
1969
Listing Description

Central Orem 4-plex on a quarter acre, fully occupied with all four units month-to-month. Each unit is 2 bed / 1.5 bath with its own gas meter, power meter, water heater and air conditioning, so tenants pay their own gas and power. Three of the four units have been renovated with quartz counters, farmhouse sinks, new appliances, LVP flooring, updated lighting and paint.

Recent building work includes a new furnace, a new water heater, electrical and plumbing updates and refreshed landscaping. The fourth unit has a long-term tenant at $1,300 a month and original finishes, which leaves room to add value. Current rent is $6,100 a month (easily potential to increase to $6400+). Eight off-street parking spaces. A marketing brochure and financial package are attached.

Monthly Cost Estimate

$5,856/mo

20% down · 6.5% · 30 years

Principal$792
Interest$4,745
Insurance$319

Estimates only. Actual payments may vary.

Location

232 N 250 E

Orem, UT 84057

NORTH VIEW

Features & Amenities

Exterior Features

Double Pane Windows

Property Details

Construction

Brick Frame

Parking

Covered

Heating

Forced AirCentralNatural Gas

Questions & Answers

This 8-bedroom, 6-bathroom multi-family at 232 N 250 E is listed at $1,095,000 ($263/sqft). The estimated monthly payment is $5,856 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1969, 0.23 acre lot, 2 stories, 8 parking spaces. Exterior Features: Double Pane Windows.

This property is listed by Kian Torimi.

KT

Kian Torimi

Agent at GateHouse Real Estate Co DBA Selling Salt Lake

Listed by GateHouse Real Estate Co DBA Selling Salt Lake · Broker phone: (801) 792-2010 · View on Broker Site · Broker website

MLS# 2189188· Source: UtahRealEstate.com· 25 days on PropertySimple

Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

232 N 250 E, Orem, UT 84057

Open this listing in: