1 / 52
244 W 1200 S, Orem, UT 84058
$585,000
244 W 1200 S, Orem, UT 84058
Type
SFR
List Price
$585,000
Price/Sqft
$164
Est Gross Yield
4.5%
$26,064/yr est.
Property Details
Description
INVESTOR SPECIAL - RARE OREM OPPORTUNITY! Priced to sell at $115,000 BELOW a recent appraisal completed October 7, 2026! This SINGLE-FAMILY HOME offers an exceptionally VERSATILE LAYOUT with multiple separate living spaces and outstanding rental potential. The main and upper levels provide two distinct living areas, while the basement offers an additional separate living space. Each area features its own PRIVATE ENTRANCE, KITCHEN, LAUNDRY, and TWO BATHROOMS - a unique configuration offering tremendous flexibility for the next owner. PRIME OREM LOCATION with quick access to I-15 and just blocks from UVU, restaurants, grocery stores, shopping, and everyday conveniences. The property has an exceptional rental history and presents an exciting opportunity for an investor looking for both income potential and room to add value. The basement has minor water damage and is ready for some TLC and updating, creating additional VALUE-ADD POTENTIAL. Situated on a CORNER LOT with NO HOA, plus SOLAR PANELS that will be COMPLETELY PAID OFF AT CLOSING! A hard-to-find combination of LOCATION, FLEXIBLE LAYOUT, RENTAL POTENTIAL, and PRICING. Schedule your showing today! Buyer to verify all the information. Owner is a licensed real estate agent.
Listed by Velia Jarrin · Real Estate Essentials
Location
244 W 1200 S, Orem, UT 84058
Proforma
Drag sliders to explore the deal
Cap Rate
2.96%
Cash-on-Cash
-4.57%
Cash Flow
-$835/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.
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 10/17/2026, 4:16:30 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.