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720 E 1720 S, Orem, UT 84097
$945,000
720 E 1720 S, Orem, UT 84097
Units
4
Price/Unit
$236,250
Price/Sqft
$236
Est Gross Yield
6.5%
$61,008/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 2BA | 4 | 2 | 2 | 1,000 | — |
| Total | 4 | 8 | 8 | 4,000 | — |
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
Well-maintained, fully leased fourplex in one of Orem's most desirable and convenient rental locations. Fourplex featuring four townhouse-style units, each offering 1,000 square feet with 2 bedrooms and 1.5 bathrooms. Each unit includes washer and dryer hookups, central A/C, and central heating, with numerous updates completed throughout the property. Improvements include A/C installation, a roof replaced in 2018, driveway asphalt replaced, updated countertops in multiple units, two units with dishwashers, new carpet in one unit, and a new tub and shower surround in another unit. Current monthly rental income is $5,550, with rents of $1,350, $1,300 (month-to-month), $1,450, and $1,450 (month-to-month). Tenants pay their own gas and electricity, while the owner covers water, sewer, and trash. Situated on a 0.268-acre cul-de-sac lot with ample space behind the building, the property is conveniently located near University Place Mall and within 10 minutes of UVU, BYU, and I-15. Combining strong property condition with a prime Orem location, this fourplex presents an excellent long-term investment opportunity. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement.
Listed by Joshua Spackman · Rock Canyon Real Estate LLC
Location
720 E 1720 S, Orem, UT 84097
Proforma
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Cap Rate
4.29%
Cash-on-Cash
-1.02%
Cash Flow
-$302/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 7/29/2026, 4:54:36 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.