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583 S 1540 W, Orem, UT 84058
$499,000
583 S 1540 W, Orem, UT 84058
Type
SFR
List Price
$499,000
Price/Sqft
$341
Est Gross Yield
4.5%
$22,260/yr est.
Property Details
Description
Original-owner home in Orem offering 3 bedrooms and 2.5 bathrooms in a quiet, established neighborhood. Built in 1997, the home includes a functional layout with multiple living spaces and abundant natural light, along with key updates such as plantation shutters, about 2 year old roof, siding, and garage door, about 2 year old Energy efficient HVAC system with a nest thermostat, and kitchen appliances. The oven even has an air fryer and self cleaning mode! The roof and the siding warranty is transferrable to the new owner! With a little personalization, this home offers a great opportunity to make it your own. Set on a beautifully landscaped 0.19-acre lot, the backyard is ideal for entertaining, gardening, or relaxing, and includes an attached garage for added convenience. Centrally located near I-15, UVU, parks, schools, shopping, and dining. No HOA. A great opportunity in a desirable Utah County location. *Don't forget to ask about our preferred lender incentive!*
Listed by Lisa Ginter · Selling Salt Lake
Location
583 S 1540 W, Orem, UT 84058
Proforma
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Cap Rate
2.97%
Cash-on-Cash
-4.56%
Cash Flow
-$711/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 6/29/2026, 4:03:11 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.