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1069 S ELLEN E CIR, Orem, UT 84058
$885,000
1069 S ELLEN E CIR, Orem, UT 84058
Units
4
Price/Unit
$221,250
Price/Sqft
$253
Est Gross Yield
7.6%
$66,960/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 1BA | 1 | 2 | 1 | 876 | $1,175/mo |
| 2BR / 1BA | 1 | 2 | 1 | 876 | $1,045/mo |
| 2BR / 1BA | 1 | 2 | 1 | 876 | $1,195/mo |
| 2BR / 1BA | 1 | 2 | 1 | 876 | $1,225/mo |
| Total | 4 | 8 | 4 | 3,504 | $4,640/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
Rare opportunity to own a fully occupied 4-plex in a prime Orem location, just minutes from both UVU and BYU! All four units are approximately 876 sq. ft. and feature 2 bedrooms and 1 bathroom, offering a highly desirable and functional rental layout. Current monthly rents are $1,225, $1,045, $1,195, and $1,175, totaling $4,640 per month in scheduled rent. In addition, each tenant contributes $65 per month toward city utilities, bringing total monthly collections to approximately $4,900. Three units are currently under one-year leases, with the remaining unit leased through January 2027, providing an incoming owner with established rental income from day one. Several units have received extensive updates, including new flooring, fresh paint, updated cabinets and countertops, remodeled bathrooms, and more. Two units also feature new HVAC systems, helping reduce future capital expenses. Location is a major highlight approximately 23 miles from UVU and 45 miles from BYU, with convenient access to I-15, shopping, restaurants, employment, and everything Orem and Provo have to offer. A compelling opportunity for investors looking to add a well located Utah County multifamily property to their portfolio. Fully occupied, established leases, updated units, and strong proximity to two major universities. Additional photos coming next week. Please do not disturb tenants. Square footage and all information provided as a courtesy; buyer and buyer's agent to verify all information.
Listed by Cody Ellison · Mountainland Realty, Inc
Location
1069 S ELLEN E CIR, Orem, UT 84058
Proforma
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Cap Rate
5.03%
Cash-on-Cash
0.95%
Cash Flow
$262/mo
Quick estimates only. Switch to Detailed for full line-item control.
Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/10/2026, 10:48:03 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.