Duplexes in Orem are a hot commodity, and this one is the best one you'll find! Located in a quiet cul-de-sac and completely renovated, each unit boasts 3 bedrooms and 2 bathrooms, giving it the best rental potential of anything on the market right now....a 6% gross cap rate! Units have been well-maintained and completely updated, including new furnaces and central AC (see attachment for full list). Each unit has its own laundry and plenty of storage. Huge fenced yard is shared by tenants. 360 E is currently occupied by long term tenants paying $1600, 385 E was previously rented for $1900 and is ready for move in. Washer/dryer and all furniture in occupied unit belong to tenants and are excluded from the sale. See attachments for Annual Property Operating Data and LBPD. Square footage was obtained from county records. Buyer is advised to obtain an independent measurement.
Sold
Price Unknown
358 E 450 N, Orem, UT 84057
6beds
4baths
3,115sqft
Multi Family
Built in ----
-- sqft lot
$766,100 Zestimate®
$--/sqft
$1,553 Estimated rent
Home value
$766,100
$720,000 - $820,000
$1,553/mo
Zestimate® history
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Zillow last checked:
Source: BHHS broker feed,MLS#: 1981924
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Natural Gas
Appliances
- Included: Dishwasher
Interior area
- Total structure area: 3,115
- Total interior livable area: 3,115 sqft
Property
Parking
- Parking features: GarageAttached
- Has attached garage: Yes
Details
- Parcel number: 521270005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt
Community & neighborhood
Location
- Region: Orem
Price history
| Date | Event | Price |
|---|---|---|
| 3/22/2024 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 2/26/2024 | Pending sale | $695,000$223/sqft |
Source:  UtahRealEstate.com #1981924 Report a problem | ||
| 2/20/2024 | Listed for sale | $695,000$223/sqft |
Source: UtahRealEstate.com #1981924 Report a problem | ||
| 8/18/2015 | Listing removed | $995 |
Source: Vision Real Estate Report a problem | ||
| 8/8/2015 | Listed for rent | $995 |
Source: Vision Real Estate Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,679 +8.6% | $595,500 +1% |
| 2023 | $2,467 +5.1% | $589,600 +8.5% |
| 2022 | $2,347 +8.3% | $543,400 +136.4% |
| 2021 | $2,168 +4.7% | $229,900 -41.4% |
| 2020 | $2,070 +11.8% | $392,300 +95.5% |
| 2019 | $1,851 +14.2% | $200,695 -36.7% |
| 2018 | $1,621 -7.8% | $317,300 +94% |
| 2017 | $1,758 | $163,570 |
| 2016 | $1,758 +1.3% | $163,570 +7.1% |
| 2015 | $1,736 +14.5% | $152,735 +15% |
| 2014 | $1,517 | $132,825 +4.1% |
| 2013 | -- | $127,600 -0.3% |
| 2012 | -- | $127,930 -5.7% |
| 2009 | -- | $135,685 |
| 2008 | -- | $135,685 |
| 2007 | -- | $135,685 +11.2% |
| 2006 | -- | $122,045 +5% |
| 2005 | -- | $116,262 |
| 2003 | -- | $116,262 -45% |
| 2001 | $1,199 +3.4% | $211,386 +94.5% |
| 2000 | $1,159 | $108,696 |
Find assessor info on the county website
Neighborhood: Sharon Park
Nearby schools
GreatSchools rating
- 4/10Cascade SchoolGrades: PK-6Distance: 0.7 mi
- 6/10Canyon View Jr High SchoolGrades: 7-9Distance: 0.8 mi
- 6/10Orem High SchoolGrades: 10-12Distance: 0.8 mi
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Estimated market value
$766,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$766,100
- Utah
- Utah County
- Orem
- 84057
- Sharon Park
- 358 E 450 N
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