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53 S 350 E photo 11 / 64
Single Family

$550,000

53 S 350 E, Orem, UT 84058

Type

SFR

List Price

$550,000

Price/Sqft

$182

Est Gross Yield

4.7%

$26,064/yr est.

Property Details

Property typeSingle Family
Year built1970
Total units1
Living area3,024 sqft
Bedrooms6
Bathrooms3
Lot size0.29 acres
Parking5 spaces
Days on market0
Listed2026-08-05T00:00:00+00:00

Description

Welcome to this spacious 6-bedroom, 3-bath home in the heart of Orem! Offering 3,024 square feet on a large, fully fenced large backyard. The main level features three bedrooms, a comfortable family room, updated windows, and a kitchen with granite countertops. The fully finished basement adds three more bedrooms, a second family room with a wood-burning stove, and large cold-storage room. Major updates include a new roof installed approximately eight months ago. Outside, enjoy the covered patio, garden area, storage shed, RV parking, attached garage, and expansive backyard. Come look at this home with no HOA! Conveniently located near Orem City Center Park, SCERA Park, Smith's, shopping, dining, I-15, Utah Valley University, Brigham Young University, University Place, and neighboring Provo. A wonderful opportunity to enjoy generous indoor and outdoor space in a central Orem location.

Listed by Joshua Sterling · RE/MAX Associates

Location

53 S 350 E, Orem, UT 84058

Proforma

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Cap Rate

3.15%

Cash-on-Cash

-4.07%

Cash Flow

-$699/mo

Purchase Price$550,000
Down Payment35% ($192,500)
Interest Rate6.00%
Monthly Rent$2,172/mo
Vacancy5%
Expense Ratio30% ($7,428)

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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 8/5/2026, 9:12:35 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.