$925,000

732 E 1500 S, Orem, UT 84097

3,444 sq ft

Listed by Rock Canyon Real Estate Llc, Joshua Spackman
801-318-4483

Status: Active

MLS® #2175563

Property description for 732 E 1500 S, Orem, UT 84097

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.

QUICK OVERVIEW

Built in 1968
$269 / Sq Ft
None
Central, Natural Gas
82 days on website
0.3 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Joshua Spackman

Listing Office Rock Canyon Real Estate Llc, 8013184483

Updated Thursday, August 27, 2026 at 3:54:48 PM

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. Copyright © 2026 Wasatch Front Regional Multiple Listing Service, Inc. All rights reserved.

NEIGHBORHOOD

About the Hillcrest Neighborhood

Hillcrest is a "jack-of-all-trades" when it comes to the feel of this neighborhood. Even though the ambience is not the liveliest in this part of Orem with its a few bars, it is easy to find a place to grab a drink since they are generally located close by. Hillcrest is very quiet, as noise from streets and other parts of the city is rarely an issue. There are about 20 green spaces close by for residents to check out, such as Scera Park, and they are very well-spread out, which makes it easy to get to them.

Learn more about Hillcrest

Quiet

Virtually no sources of noise nearby

Daycares

At least one daycare within a short walk

Elementary Schools

At least one elementary school within a 15-minute walk

Groceries

Wide variety of groceries within a short drive, including some within walking distance

Restaurants

Wide variety of restaurants within a short drive, including some within walking distance

CLIMATE RISK FOR 84097

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732 E 1500 S, Orem, UT 84097

Property description for 732 E 1500 S, Orem, UT 84097

QUICK OVERVIEW

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

NEIGHBORHOOD

CLIMATE RISK FOR 84097