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$945,000 Just Listed
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Property Description
Well-maintained, fully leased fourplex in one of Orem's most desirable and convenient rental locations. Fourplex featuring four townhouse-style units, each offering 1,000 square feet with 2 bedrooms and 1.5 bathrooms. Each unit includes washer and dryer hookups, central A/C, and central heating, with numerous updates completed throughout the property. Improvements include A/C installation, a roof replaced in 2018, driveway asphalt replaced, updated countertops in multiple units, two units with dishwashers, new carpet in one unit, and a new tub and shower surround in another unit. Current monthly rental income is $5,550, with rents of $1,350, $1,300 (month-to-month), $1,450, and $1,450 (month-to-month). Tenants pay their own gas and electricity, while the owner covers water, sewer, and trash. Situated on a 0.268-acre cul-de-sac lot with ample space behind the building, the property is conveniently located near University Place Mall and within 10 minutes of UVU, BYU, and I-15. Combining strong property condition with a prime Orem location, this fourplex presents an excellent long-term investment opportunity. 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.
Full Property Details
Full Property Details for 720 E 1720 S
General
- Price: $945,000
- Taxes: $3,906
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2174532
- Updated: 7/27/2026
- Added to Site: 5 day(s) ago
Interior
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 8
- Parking Features: Parking: Uncovered
Location
- Area: Pl Grove; Lindon; Orem
- County: Utah
- Subdivision: DREAM MEADOW
School Information
- Elem School District: Alpine
- Midd School District: Alpine
- High School District: Alpine
- Elementary School: Centennial
- Middle School: Lakeridge
- High School: Orem
Heating & Cooling
- Heating Type: Gas: Central
Utilities
- Sewer: Sewer: Connected
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Stories: 2
- Construction: Brick
- Exterior Const.: Brick
- Roof: Asphalt
- Square Feet: 4,000
- Living Area: 4,000 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1967
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761.2
- Lot Size: .27
- Topography: Cul-de-Sac
- Lot Features: Cul-De-Sac
Financial Considerations
- Tax Amount: $3,906
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: 37-022-0002
Listed by Rock Canyon Real Estate LLC
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Schools
Schools serving 720 E 1720 S
School District:Alpine School District
| Name | Grades | Distance |
|---|---|---|
Centennial Elementary 450 South 400 East, Orem, UT 84097 | K-6 | 1.7 mi |
Lakeridge Jr High School 951 South 400 West, Orem, UT 84058 | 7-9 | 1.6 mi |
Orem High School 175 South 400 East, Orem, UT 84097 | 10-12 | 2 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 720 E 1720 S
Date
Details
Price
Change
Source
7/27/2026
Listed
$945,000
—
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 720 E 1720 S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,906
—
$508,860
-43%
2024
$3,906
1%
$891,800
89%
2024
$3,849
9%
$470,690
1%
2023
$3,546
16%
$466,015
-22%
2021
$3,044
-10%
$600,700
40%
2022
$3,374
11%
$429,550
-23%
2021
$3,044
20%
$558,900
112%
2018
$2,543
11%
$263,340
14%
2017
$2,290
-10%
$231,000
-2%
2016
$2,534
-4%
$235,730
-18%
2019
$2,638
8%
$285,945
33%
2015
$2,441
14%
$214,775
15%
2014
$2,133
2%
$186,780
10%
2013
$2,092
—
$169,895
—
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 720 E 1720 S
720 E 1720 S, Orem, UT 84097 (MLS# 2174532) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 720 E 1720 S is currently listed for $945,000 and was received on July 27, 2026. Want to learn more about 720 E 1720 S? 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.

