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1253 W 1420 N photo 11 / 35

$272,400

Reduced from $272,900 · 3 days ago

1253 W 1420 N, Orem, UT 84057

Type

Condo

List Price

$272,400

Price/Sqft

$256

Est Gross Yield

8.2%

$22,404/yr est.

Property Details

Property typeCondo
Year built1997
Total units1
Living area1,065 sqft
Bedrooms3
Bathrooms2
Lot size0.02 acres
Parking1 spaces
Days on market92
Listed2026-03-20T00:00:00+00:00

Description

Location, layout and lifestyle....welcome to this cute and cozy 3 bed, 2 bath main-level condo in Orem. You'll be right in the center of everything in Orem - a few miles from Utah Valley University, Megaplex Movie Theaters, Top Golf, restaurants and just minutes to quick freeway access. This is the perfect property for an investor, first-time homebuyer or anyone looking for a comfortable home in a great price range. Recent upgrades include LVP flooring that is about a year old, brand new furnace and 1 year old water heater. Don't miss seeing this home!

Listed by Cyd LeMone · Ivie Avenue Real Estate, LLC

Location

1253 W 1420 N, Orem, UT 84057

Proforma

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Cap Rate

5.47%

Cash-on-Cash

2.11%

Cash Flow

$180/mo

Purchase Price$272,400
Down Payment35% ($95,340)
Interest Rate6.00%
Monthly Rent$1,867/mo
Vacancy5%
Expense Ratio30% ($6,385)

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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 6/20/2026, 5:23:47 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.