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1508 N 1335 W, Orem, UT — photo 11 / 30

$254,999

Reduced from $258,700 · today

1508 N 1335 W, Orem, UT 84057

Type

Condo

List Price

$254,999

Price/Sqft

$294

Est Gross Yield

6.3%

$16,140/yr est.

Property Details

Property typeCondo
Year built1998
Total units1
Living area867 sqft
Bedrooms2
Bathrooms1
Lot size0.02 acres
Parking3 spaces
Days on market125
Listed2026-07-01T00:00:00+00:00

Description

WARNING: This Condo May Cause an Unexpected Addiction to Passive Income!! Welcome to this 2-Bedroom, 1 Bath Condo in Orem where the Possibilities are plentiful and the rent checks could make you smile all the way to the Bank! This is one smart investment in a convenient location near everyday essentials, dinning, shopping and includes the amenities that make the rental property attractive! It is a manageable property that doesn't require a mansion-sized budget or full-time maintenance crew. Whether you're building your rental empire one condo at a time or looking for your next home to later turn into an Investment, this opportunity is worth a serious look! Because the only thing better than owning real estate is having someone else help pay for it!! Buyer/Broker to verify to buyers satisfaction

Listed by Laurie Nielson · Avenues Realty Group LLC

Location

1508 N 1335 W, Orem, UT 84057

Proforma

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Cap Rate

4.21%

Cash-on-Cash

-1.25%

Cash Flow

-$99/mo

Purchase Price$254,999
Down Payment35% ($89,250)
Interest Rate6.00%
Monthly Rent$1,345/mo
Vacancy5%
Expense Ratio30% ($4,600)

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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 11/3/2026, 8:27:36 AM. 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.