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For sale
  • Price cut: $10K (8/3)
    $935,000

    720 E 1720th St S, Orem, UT 84097

    8beds
    6baths
    4,000sqft
    : 
    $5,572/mo
    Get pre-qualified
    Quadruplex
    Built in 1967
    -- sqft lot
    $897,100 Zestimate®
    $234/sqft
    $-- HOA

    What's special

    Four townhouse-style unitsDriveway asphalt replacedCentral heatingWasher and dryer hookupsTwo units with dishwashers
    Well-maintained, fully leased fourplex in one of Orem's most desirable and convenient rental locations. Fourplex featuring four townhouse-style units, each offering 1,000 square feet with 2 bedrooms and 1.5 bathrooms. Each unit includes washer and dryer hookups, central A/C, and central heating, with numerous updates completed throughout the property. Improvements include A/C installation, a roof replaced in 2018, driveway asphalt replaced, updated countertops in multiple units, two units with dishwashers, new carpet in one unit, and a new tub and shower surround in another unit. Current monthly rental income is $5,550, with rents of $1,350, $1,300 (month-to-month), $1,450, and $1,450 (month-to-month). Tenants pay their own gas and electricity, while the owner covers water, sewer, and trash. Situated on a 0.268-acre cul-de-sac lot with ample space behind the building, the property is conveniently located near University Place Mall and within 10 minutes of UVU, BYU, and I-15. Combining strong property condition with a prime Orem location, this fourplex presents an excellent long-term investment opportunity. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement.
    26 days
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    271
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    29
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    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Spackman 385-309-7824,

    Rock Canyon Real Estate LLC

    Source: UtahRealEstate.com,MLS#: 2174532MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 6
      Heating
      • Central
      Features
      • Flooring: Carpet, Laminate, Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 4,000
      • Total interior livable area: 4,000 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Open
      • Uncovered spaces: 8
      Features
      • Levels: Two
      Lot
      • Size: 0.27 Acres
      • Features: Cul-De-Sac
      Details
      • Parcel number: 370220002
      • Zoning description: Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Materials
      • Brick
      • Roof: Asphalt
      Condition
      • Blt./Standing
      • New construction: No
      • Year built: 1967

      Utilities & green energy

      • Water: Culinary
      • Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Dream Meadow
      HOA
      • Has HOA: No
      Location
      • Region: Orem

      Financial & listing details

      • Price per square foot: $234/sqft
      • Tax assessed value: $891,800
      • Annual tax amount: $3,906
      • Date on market: 7/27/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Acres allowed for irrigation: 0
      • Electric utility on property: Yes

        Estimated market value

        $897,100

        $852,000 - $942,000

        $1,488/mo

        Price history

        DateEventPrice
        8/3/2026Price change$935,000-1.1%$234/sqft
        Source: UtahRealEstate.com #2174532 Report a problem
        7/27/2026Price change$945,000+0.5%$236/sqft
        Source: UtahRealEstate.com #2174532 Report a problem
        12/8/2022Pending sale$940,000$235/sqft
        Source: UtahRealEstate.com #1852598 Report a problem
        11/22/2022Listed for sale$940,000$235/sqft
        Source: UtahRealEstate.com #1852598 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,906 +1.5%$891,800 +4.2%
        2024$3,849 +8.6%$855,800 +1%
        2023$3,546 +5.1%$847,300 +8.5%
        2022$3,374 +8.3%$781,000 +136.4%
        2021$3,115 +5.6%$330,385 -40.9%
        2020$2,949 +11.8%$558,900 +95.5%
        2019$2,638 +15.2%$285,945 -40.3%
        2018$2,290 -9.6%$478,800 +107.3%
        2017$2,534 $231,000 -2%
        2016$2,534 +3.8%$235,730 +9.8%
        2015$2,441 +14.5%$214,775 +15%
        2014$2,133 $186,780 +9.9%
        2013-- $169,895 +2.5%
        2012-- $165,715 -11.4%
        2009-- $187,000
        2008-- $187,000
        2007-- $187,000 +49.1%
        2006-- $125,400 +5%
        2005-- $119,438
        2003-- $119,438 -43.6%
        2001$1,208 +6.5%$211,617 +100.4%
        2000$1,134 $105,595
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Hillcrest

        Getting around

        64 / 100
        Somewhat Walkable
        45 / 100
        Some Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Centennial
        • 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.

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