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For sale
  • $925,000

    732 E 1500 S, Orem, UT 84097

    8beds
    4baths
    3,444sqft
    : 
    $5,453/mo
    Get pre-qualified
    Quadruplex
    Built in 1968
    -- sqft lot
    $881,300 Zestimate®
    $269/sqft
    $-- HOA

    What's special

    Additional outdoor spaceForced-air heatingWasher and dryer hookups
    Well-maintained, fully leased fourplex in a highly desirable Orem rental location. Each of the four units offers 861 square feet with 2 bedrooms and 1 bathroom, including washer and dryer hookups. All units have central A/C (installed in 2023) and forced-air heating. The property has numerous capital improvements, including a new roof, siding, fascia, and rain gutters completed in 2013. Units 732, 734, and 736 were updated with cabinets, new sinks, and dishwashers, while several units also feature laminate flooring and other interior improvements. Situated on a deep 0.304-acre lot, the property offers additional outdoor space and long-term potential. Current monthly rental income is $4,850, with rents of $1,250, $1,250, $1,250, and $1,100 (month-to-month). Tenants pay their own gas and electricity, while the owner pays water, sewer, and trash. Ideally located adjacent to University Place Mall and within 10 minutes of UVU, BYU, and I-15, this property provides stable in-place income in one of Orem's strongest rental markets. 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.
    21 days
    |
    259
    |
    19
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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#: 2175563MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Central
      Features
      • Flooring: Carpet, Laminate
      • Has fireplace: No
      Interior area
      • Total structure area: 3,444
      • Total interior livable area: 3,444 sqft

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      Lot
      • Size: 0.3 Acres
      Details
      • Parcel number: 190200074
      • 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: 1968

      Utilities & green energy

      • 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: $269/sqft
      • Tax assessed value: $855,300
      • Annual tax amount: $3,746
      • Date on market: 7/28/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Acres allowed for irrigation: 0
      • Electric utility on property: Yes

        Estimated market value

        $881,300

        $837,000 - $925,000

        $1,471/mo

        Price history

        DateEventPrice
        7/30/2026Listed for sale$925,000+2.9%$269/sqft
        Source: UtahRealEstate.com #2175563 Report a problem
        12/27/2022Sold--
        Source: Agent Provided Report a problem
        12/7/2022Pending sale$899,000$261/sqft
        Source: UtahRealEstate.com #1850533 Report a problem
        11/17/2022Listed for sale$899,000$261/sqft
        Source: UtahRealEstate.com #1850533 Report a problem
        11/9/2022Pending sale$899,000$261/sqft
        Source: UtahRealEstate.com #1850533 Report a problem
        11/7/2022Listed for sale$899,000+136.6%$261/sqft
        Source: UtahRealEstate.com #1850533 Report a problem
        5/29/2013Sold--
        Source: Agent Provided Report a problem
        12/8/2012Listed for sale$379,900$110/sqft
        Source: Osmond Real Estate, Inc. #1133614 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,746 +6.3%$855,300 +9.2%
        2024$3,524 +8.5%$783,400 +1%
        2023$3,246 +5.1%$775,700 +8.5%
        2022$3,089 +8.3%$715,000 +136.4%
        2021$2,852 +55.4%$302,500 -13%
        2020$1,835 +11.8%$347,800 +95.5%
        2019$1,641 -19.4%$177,925 -58.2%
        2018$2,037 -10.3%$425,900 +107.3%
        2017$2,270 $205,480 -2.7%
        2016$2,270 +19.1%$211,200 +10%
        2015$1,907 $192,005 +15%
        2014$1,907 $166,980 +15%
        2013-- $145,200 +12.1%
        2012-- $129,470 -5.8%
        2009-- $137,500 -21.9%
        2008-- $176,000 -5.9%
        2007-- $187,000 +68.9%
        2006-- $110,715 +5%
        2005-- $105,432
        2003-- $105,432 -43.6%
        2001$1,068 +6.5%$186,801 +100.4%
        2000$1,002 $93,211
        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

        67 / 100
        Somewhat Walkable
        46 / 100
        Some Transit
        85 / 100
        Very 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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