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1520 S 280 E, Orem, UT 84058
$499,000
1520 S 280 E, Orem, UT 84058
Units
2
Price/Unit
$249,500
Price/Sqft
$277
Est Gross Yield
6.7%
$33,480/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| Unit 1 | 1 | 0 | 0 | — | $1,300/mo |
| 2BR / 1BA | 1 | 2 | 1 | 900 | $1,325/mo |
| Total | 2 | 2 | 1 | 900 | $2,625/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
Solid duplex opportunity in a strong Orem location with a great mix of stability and upside. Units feature quartz countertops and LVP flooring, giving the property a more updated feel compared to typical rentals in the area. Roof was replaced roughly 45 years ago, helping minimize near-term maintenance concerns. Top unit is month-to-month, providing flexibility to increase rents or occupy, while the bottom unit is locked into a fresh annual lease for dependable income. Strong fit for investors looking to improve rents over time or buyers wanting to live in one unit while generating income from the other. Seller is a licensed agent.
Listed by Terry Bailey · Selling Utah Real Estate
Location
1520 S 280 E, Orem, UT 84058
Proforma
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Cap Rate
4.15%
Cash-on-Cash
-1.41%
Cash Flow
-$220/mo
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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 7/2/2026, 12:10:58 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.