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1026 N 150 W, Orem, UT — photo 11 / 13

$1,095,000

1026 N 150 W, Orem, UT 84057

Units

4

Price/Unit

$273,750

Price/Sqft

$237

Est Gross Yield

5.9%

$64,560/yr est.

Property Details

Property typeFourplex
Year built1974
Total units4
Living area4,624 sqft
Bedrooms8
Bathrooms6
Lot size0.25 acres
Parking8 spaces
Days on market0
Listed2026-10-02T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 2BA2221,186$1,422.5/mo
2BR / 2BA2221,186$1,422.5/mo
Total4884,744$5,690/mo

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

Fully renovated, fully occupied Orem 4-plex. A 2022 top-to-bottom update of roughly $210K brought a new roof, siding, fascia and gutters, double-pane windows, exterior lighting and low-maintenance xeriscape, plus new central HVAC, water heaters, kitchens, baths, LVP flooring, fixtures and blackout window coverings in every unit. Four two-story townhome-style units, each 2 bed / 1.5 bath with bedrooms and full bath upstairs; half bath, kitchen, living area and washer/dryer hookups on the main level. Separate gas and power meters and water heaters; tenants pay gas and electric plus a flat monthly water/sewer/trash reimbursement. All four units on staggered annual leases with professional management in place. Off-street parking for 8. Minutes to State Street, 800 North, I-15 and UVU. Tenant-occupied: please do not disturb tenants; showings by appointment with notice. Square footage per county records; buyer to verify all information.

Listed by Kian Torimi · Selling Salt Lake

Location

1026 N 150 W, Orem, UT 84057

Proforma

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Cap Rate

3.92%

Cash-on-Cash

-2.02%

Cash Flow

-$690/mo

Purchase Price$1,095,000
Down Payment35% ($383,250)
Interest Rate6.00%
Monthly Rent$5,380/mo
Vacancy5%
Expense Ratio30% ($18,400)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/2/2026, 4:23:09 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.