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$959,000 Just Listed
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Property Description
Excellent investment opportunity in one of Orem's strongest rental corridors - just minutes from UVU, Frontrunner, and everyday amenities. This 4-plex features four spacious 2 bed | 1.5 bath units on a generous 0.30-acre lot with 8 covered carports & an enclosed garage. Three units are currently rented to long-term, reliable tenants. *Existing cash flow from stabilized tenants *Proven rental demand near 2 Universities *Room to build significant equity in a tight rental market. New carpet to be installed in 842 next week. Whether you're looking for steady monthly income or a solid value-added project with upside, this 4-plex checks every box. Add this to your investment portfolio today. Click link for Matterport tour - https://property-website.droneandvirtualtours.com/order/f2eecd49-cec8-4105-a710-08de85b24b23
Full Property Details
Full Property Details for 842 S 50 E
General
- Price: $959,000
- Taxes: $4,054
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2145835
- Updated: 3/26/2026
- Added to Site: 6 day(s) ago
Interior
- Interior Features: Disposal, Range/Oven: Free Stdng.
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Electric Dryer Hookup
Additional Information
- Equipment: Window Coverings
Exterior
- Exterior Features: Lighting
Parking
- Garage: Yes
- Garage Spaces: 1
- Carports: Yes
- Carport Spaces: 8
- Covered Spaces: 9
- Total Spaces: 9
- Parking Features: Covered
Location
- Area: Orem; Provo; Sundance
- County: Utah
- Subdivision: HOLLY LANE
- Cross Streets: 50
- Direction Faces: East
School Information
- Elem School District: Alpine
- Midd School District: Alpine
- High School District: Alpine
- Elementary School: Westmore
- Middle School: Lakeridge
- High School: Mountain View
Heating & Cooling
- Heating Type: Electric
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary
- Utility Description: Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Property Detached: Yes
- Architectural Style: Front And Rear
- Construction: Aluminum, Brick
- Exterior Const.: Aluminum, Brick
- Roof: Asphalt
- Windows: Blinds
- Disability Access: Accessible Electrical and Environmental Controls
- Square Feet: 4,131
- Living Area: 4,131 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1976
- Property Condition: Blt./Standing
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Lot Size: .3
- Landscape: Landscaping: Full
- Topography: Corner Lot, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain
- Lot Features: Corner Lot, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Mountain
- Trees/Vegetation: Landscaping: Full
Financial Considerations
- Tax Amount: $4,054
- Terms: Cash, Conventional
Disclosures and Reports
- Exclusions: Dryer, Washer
- Inclusions: Dishwasher: Portable, Range, Refrigerator, Window Coverings
- Property ID: 41-054-0007
Listed by Advantage Management & Real Estate Services LLC
Get Pre-Approved Today
Schools
Schools serving 842 S 50 E
School District:Alpine School District
| Name | Grades | Distance |
|---|---|---|
Westmore School 1150 South Main Street, Orem, UT 84058 | K-6 | 0.4 mi |
Lakeridge Jr High School 951 South 400 West, Orem, UT 84058 | 7-9 | 0.5 mi |
Mountain View High School 665 West Center Street, Orem, UT 84057 | 10-12 | 1.3 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 842 S 50 E
Date
Details
Price
Change
Source
3/25/2026
Listed
$959,000
—
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 842 S 50 E
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,952
—
$925,700
92%
2024
$3,952
9%
$483,285
1%
2023
$3,641
14%
$478,500
-22%
2021
$3,198
-8%
$616,800
40%
2022
$3,464
8%
$440,990
-23%
2021
$3,198
17%
$573,800
103%
2018
$2,724
11%
$282,150
14%
2017
$2,453
-2%
$247,500
7%
2016
$2,498
-8%
$232,375
-21%
2019
$2,708
13%
$293,590
39%
2015
$2,401
11%
$211,255
11%
2014
$2,167
3%
$189,805
11%
2013
$2,102
—
$170,720
—
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 842 S 50 E
842 S 50 E, Orem, UT 84058 (MLS# 2145835) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 842 S 50 E is currently listed for $959,000 and was received on March 25, 2026. Want to learn more about 842 S 50 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.

