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$1,399,999
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Property Description
WHAT YEAR IS IT?!?! 4.25% seller financing rate!!! HOLY COW!!! $400k down and balloon payment due 06/30/2027. Take advantage of this low introductory rate and get ahead on your end-game, ready to go 4-plex! Location, location, location! Step into one of the best investment opportunities Orem has to offer. This stunningly remodeled 4-plex places tenants right in the center of the action, mere minutes from the vibrant University Place shopping center and offering unparalleled convenience to both BYU and UVU campuses. This isn't your average rental property. Over the last few years, the entire building has been transformed with modern, attractive features that tenants love, including sleek quartz countertops, durable LVP flooring, and sparkling stainless steel appliances. Comfort is guaranteed with brand-new windows and a one-year-old HVAC system in all four units. For the savvy investor, this property delivers maximum value: no HOA fees, high rental income driven by its coveted position, and separate meters for streamlined management. Stop looking at overpriced, high-HOA properties; your profitable, turnkey investment is right here!
Full Property Details
Full Property Details for 1531 S 450 St E
General
- Price: $1,399,999
- Taxes: $4,149
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2117810
- Updated: 1/12/2026
- Added to Site: 94 day(s) ago
Interior
- Interior Features: Disposal, Kitchen: Updated, Oven: Gas, Range/Oven: Free Stdng., Dishwasher: Built-In
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: Electric Dryer Hookup
Parking
- Carports: Yes
- Carport Spaces: 4
- Covered Spaces: 4
- Total Spaces: 8
- Parking Features: Covered, Parking: Uncovered
Location
- Area: Orem; Provo; Sundance
- County: Utah
- Cross Streets: 450
- Direction Faces: West
School Information
- Elem School District: Alpine
- Midd School District: Alpine
- High School District: Alpine
- Elementary School: Cherry Hill
- Middle School: Lakeridge
- High School: Mountain View
Heating & Cooling
- Heating Type: Forced Air, Gas: Central
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Architectural Style: Up And Down
- Construction: Aluminum
- Exterior Const.: Aluminum
- Roof: Asphalt
- Square Feet: 4,152
- Living Area: 4,152 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1984
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Lot Size: .3
- Landscape: Landscaping: Full, Mature Trees
- Topography: Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks
- Lot Features: Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks
- Trees/Vegetation: Landscaping: Full, Mature Trees
Financial Considerations
- Tax Amount: $4,149
- Terms: Cash, Conventional, Seller Finance
Disclosures and Reports
- Property ID: 40-039-0008
Listed by Nre
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Schools
Schools serving 1531 S 450 St E
School District:Alpine School District
| Name | Grades | Distance |
|---|---|---|
Cherry Hill School 250 E 1650 S, Orem, UT 84097 | K-6 | 0.4 mi |
Lakeridge Jr High School 951 South 400 West, Orem, UT 84058 | 7-9 | 1.2 mi |
Mountain View High School 665 West Center Street, Orem, UT 84057 | 10-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1531 S 450 St E
Date
Details
Price
Change
Source
10/16/2025
Listed
$1,399,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1531 S 450 St E
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,150
8%
$947,400
101%
2024
$3,852
9%
$471,020
1%
2023
$3,548
5%
$466,345
9%
2022
$3,375
8%
$429,770
-29%
2021
$3,117
—
$601,100
7%
2021
$3,117
18%
$559,300
105%
2018
$2,635
9%
$272,965
12%
2017
$2,421
-4%
$244,200
4%
2016
$2,529
-4%
$235,290
-18%
2019
$2,640
7%
$286,165
31%
2015
$2,478
4%
$217,965
5%
2014
$2,378
2%
$208,230
10%
2013
$2,335
—
$189,640
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1531 S 450 St E
1531 S 450 St E, Orem, UT 84058 (MLS# 2117810) is a Multi-Family property with 4 units containing 12 bedrooms and 0 full bathrooms. 1531 S 450 St E is currently listed for $1,399,999 and was received on October 16, 2025. Want to learn more about 1531 S 450 St E? Do you have questions about finding other Multi-Family real estate for sale in Orem? You can browse all Orem real estate or contact a Coldwell Banker agent to request more information.

