Rare opportunity to acquire a 7-unit property in a strong Orem rental market! Seven income-producing units provide immediate cash flow with excellent long-term investment and appreciation potential. Prime central location near UVU, BYU, major employment, shopping, dining, and I-15. Hard-to-find multifamily asset offering scale, diversified rental income, and a great addition to any investment portfolio. Buyer to verify all information.
For sale
$1,800,000
306 E 1600th St S, Orem, UT 84058
19beds
14baths
5,260sqft
Multi Family
Built in 1997
-- sqft lot
$1,678,900 Zestimate®
$342/sqft
$-- HOA
What's special
- 31 days
- 222
- 29
Zillow last checked:
Listing updated:
Listed by:
Aaron McIntire 801-787-9705,
Better Homes and Gardens Real Estate Momentum (Lehi)
Source: UtahRealEstate.com,MLS#: 2185386
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 19
- Bathrooms: 14
Heating
- Forced Air, Central
Appliances
- Included: Disposal, Free-Standing Range
- Laundry: Electric Dryer Hookup
Features
- Flooring: Carpet, Linoleum, Tile
- Windows: Double Pane Windows
- Has fireplace: No
Interior area
- Total structure area: 5,260
- Total interior livable area: 5,260 sqft
Property
Parking
- Total spaces: 16
- Parking features: Covered, Open
- Carport spaces: 6
- Uncovered spaces: 10
Features
- Exterior features: Lighting
- Fencing: Partial
Lot
- Size: 0.46 Acres
- Features: Sprinkler: Auto-Full
- Topography: Terrain
- Residential vegetation: Landscaping: Full
Details
- Additional structures: Outbuilding
- Parcel number: 482130004
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Up And Down
- Property subtype: Multi Family
Materials
- Aluminum Siding, Brick, Stucco
- Roof: Asphalt
Condition
- Blt./Standing
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer, Sewer: Public
- Water: Culinary
- Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Orem
Financial & listing details
- Price per square foot: $342/sqft
- Tax assessed value: $1,348,300
- Annual tax amount: $5,906
- Date on market: 9/15/2026
- Listing terms: Cash,Conventional
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
Estimated market value
$1,678,900
$1.59M - $1.76M
$1,143/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Listed for sale | $1,800,000$342/sqft |
Source:  UtahRealEstate.com #2185386 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,906 -5.5% | $1,348,300 -3% |
| 2024 | $6,249 +8.6% | $1,389,300 +1% |
| 2023 | $5,756 +5.1% | $1,375,500 +8.5% |
| 2022 | $5,476 -4.2% | $1,267,700 +109.1% |
| 2021 | $5,716 +3.2% | $606,265 -42.3% |
| 2020 | $5,539 +12.3% | $1,049,900 +96.4% |
| 2019 | $4,932 +7% | $534,655 -36.7% |
| 2018 | $4,609 -3.2% | $845,300 +81.8% |
| 2017 | $4,760 | $464,915 +5% |
| 2016 | $4,760 -5.4% | $442,805 |
| 2015 | $5,033 | $442,805 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Cherry Hill
Nearby schools
Schools provided by the listing agent
- Elementary: Cherry Hill
- Middle: Lakeridge
- High: Orem
- District: Alpine
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
