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$1,095,000 Just Listed
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Property Description
Central Orem 4-plex on a quarter acre, fully occupied with all four units month-to-month. Each unit is 2 bed / 1.5 bath with its own gas meter, power meter, water heater and air conditioning, so tenants pay their own gas and power. Three of the four units have been renovated with quartz counters, farmhouse sinks, new appliances, LVP flooring, updated lighting and paint. Recent building work includes a new furnace, a new water heater, electrical and plumbing updates and refreshed landscaping. The fourth unit has a long-term tenant at $1,300 a month and original finishes, which leaves room to add value. Current rent is $6,100 a month (easily potential to increase to $6400+). Eight off-street parking spaces. A marketing brochure and financial package are attached.
Full Property Details
Full Property Details for 232 N 250 E
General
- Price: $1,095,000
- Taxes: $3,969
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2189188
- Updated: 10/6/2026
- Added to Site: 3 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: 4,160
- Living Area: 4,160 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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Schools
Schools serving 232 N 250 E
School District:Alpine School District
| Name | Grades | Distance |
|---|---|---|
Cascade School 160 North 800 East, Orem, UT 84097 | K-6 | 0.7 mi |
Canyon View Jr High School, Orem, UT 625 East 950 North Street, Orem, UT 84097 | 7-9 | 1 mi |
Orem High School 175 South 400 East, Orem, UT 84097 | 10-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 232 N 250 E
Date
Details
Price
Change
Source
10/06/2026
Listed
$1,095,000
—
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 232 N 250 E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,970
—
$544,060
9%
2025
$3,970
7%
$498,465
10%
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
—
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 232 N 250 E
232 N 250 E, Orem, UT 84057 (MLS# 2189188) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 232 N 250 E is currently listed for $1,095,000 and was received on October 06, 2026. 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.

