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$1,149,999 -$1 (0%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 2 hours ago
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This well cared for 4-plex has seen over $80,000 in recent capital improvements by licensed contractors. Three of the four units were extensively renovated with new stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, stainless steel farmhouse sinks, updated lighting, and fresh paint throughout. All units have AC. Since purchasing the property, the current owner has continued to improve and maintain the building. Recent upgrades include a new washer and dryer, new water heater, a new furnace, electrical updates, plumbing updates, new bath and shower, and refreshed landscaping. New excellent tenants have been placed since the purchase. The property is fully leased to great tenants at a combined rent of $6,100 per month. Units in this location lease in under ten days due to strong demand in Orem. This is a turn key, low maintenance asset in a highly desirable area. If you are looking for a clean, updated, and easy to manage investment with strong rent performance, this is an excellent option.

Full Property Details for 232 N 250 E

General

  • Price: $1,149,999
  • Taxes: $3,969
  • Status: Active
  • Type: Multi-Family
  • Source: WFR
  • MLS ID: 2125535
  • Updated: 1/15/2026
  • Added to Site: 42 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Electric Dryer Hookup

Exterior

  • Exterior Features: Double Pane Windows

Parking

  • Total Spaces: 8
  • Parking Features: Parking: Uncovered

Location

  • Area: Pl Grove; Lindon; Orem
  • County: Utah
  • Subdivision: NORTH VIEW
  • Cross Streets: 250

School Information

  • Elem School District: Alpine
  • Midd School District: Alpine
  • High School District: Alpine
  • Elementary School: Sharon
  • Middle School: Canyon View
  • High School: Orem

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: Stories: 2
  • Construction: Brick, Frame
  • Exterior Const.: Brick, Frame
  • Roof: Asphalt
  • Windows: Blinds
  • Disability Access: Accessible Doors, Accessible Hallway(s)
  • Square Feet: 4,158
  • Living Area: 4,158 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1969
  • Property Condition: Blt./Standing

Lot Features

  • Property View: Mountain(s)
  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,018.8
  • Lot Size: .23
  • Landscape: Landscaping: Full
  • Topography: Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Part, Terrain, Flat, View: Mountain
  • Lot Features: Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Part, View: Mountain
  • Trees/Vegetation: Landscaping: Full
  • Zoning: MULTI

Financial Considerations

  • Tax Amount: $3,969
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Property ID: 47-037-0002

Listed by Selling Salt Lake

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— 232 N 250 E —

  • Selling Salt Lake

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 232 N 250 E

School District:Alpine School District
NameGradesDistance
Canyon View Jr High School, Orem, UT
625 East 950 North Street, Orem, UT 84097
7-91 mi
Orem High School
175 South 400 East, Orem, UT 84097
10-120.6 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 232 N 250 E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/15/2026
Price Reduced
$1,149,999
—
MLS
12/04/2025
Listed
$1,150,000
—
MLS
Get Price Alerts and Save Property
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 for 232 N 250 E

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,970
7%
$906,300
100%
2024
$3,701
9%
$452,595
1%
2023
$3,410
14%
$448,140
-22%
2021
$2,996
-8%
$577,700
40%
2022
$3,244
8%
$413,050
-23%
2021
$2,996
12%
$537,500
86%
2019
$2,665
7%
$288,860
12%
2018
$2,482
11%
$257,070
14%
2017
$2,235
-7%
$225,500
1%
2016
$2,395
-3%
$222,805
3%
2015
$2,458
14%
$216,205
15%
2014
$2,147
1%
$187,990
9%
2013
$2,129
—
$172,920
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Selling Salt Lake

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232 N 250 E, Orem, UT 84057 (MLS# 2125535) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 232 N 250 E is currently listed for $1,149,999 and was received on December 04, 2025. Want to learn more about 232 N 250 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.

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