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Image 1 - 16 E 1450 S, Orem, Utah, 84058 - House for sale
Image 2 - 16 E 1450 S, Orem, Utah, 84058 - House for sale
Image 3 - 16 E 1450 S, Orem, Utah, 84058 - House for sale
Image 4 - 16 E 1450 S, Orem, Utah, 84058 - House for sale
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Image 7 - 16 E 1450 S, Orem, Utah, 84058 - House for sale
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Image 9 - 16 E 1450 S, Orem, Utah, 84058 - House for sale
Home For Sale In Orem, Utah
16 E 1450 S, Orem, Utah, 84058

Home For Sale In Orem, Utah

house for sale
Listed: 05/26/24

16 E 1450 S, Orem, Utah, 84058

8 Bed:
4 Bath:
4,840 Sq Ft Living Area:
Save
Price
$ 925,000

About This House

Will be marketed this Sunday at 4:30pm on ABC 4 don't miss it!! Location, location, location !! Welcome to this unique and rare investment opportunity! This non-conforming 4-plex is located in the vibrant heart of Orem, offering unparalleled convenience and access to everything the city has to offer!! Less than 10 minutes away from 2 major universities and 1 block away from public transport, allows this property to maintain a 100% occupancy rate and great cash flow! Units are condominimized with separate tax IDs and a non-functioning HOA is in place. Leaving plenty of headroom for a savvy buyer to revive the HOA and sell the units as individual condos! The possibilities are endless with this incredible investment opportunity! Don't miss it! Buyer is responsible for verifying all listing information to buyer's own satisfaction prior to closing and agree to hold the seller and/or listing agent blameless.

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Orem Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Orem, United States averaged $534,284, an increase of 14.5% from the previous month.
Median price trends for properties for sale in Orem, United States as of May 2024.

Household Income

Median household income: $58,077
Number of households: 27,518
The average household income in Orem, UT grew from $56,376 to $58,077 in the past year. This data is an estimate based upon 27,518 households in Orem, UT.
The chart below presents how household income is distributed in Orem, UT in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Orem, UT compared to median property taxes around the country. The prevalent amount of property taxes in Orem, UT equals $800-$1,500 , which is more than the national average.