$10,000

closing credit¹

824 N 50 W Orem, UT 84057

$1,150,000
8 beds
4 baths
3,492 sqft
0.3 acres
$329 / sqft
Multi-Family

Property details

About 824 N 50 W

This remodeled four-plex is top of the line in build quality and rents! Completely updated and brought up to code, tenants love the big things like large kitchen cabinet space and the small details like a double-bar shower curtain rod. Everything is brand new as of the fall of 2022. That includes instant hot water from the tankless water heaters, efficient furnaces, brand new AC units, counter tops, soft close cabinets, flooring, appliances, windows, doors, and even the roof (and more)! Oh, and it was done with permits and proper inspections! Energy efficient lighting brightens up each room wonderfully. The large parking area in the back of the building provides plenty of off-street parking. Even more upgrades outside too! Concrete pads to build each unit a storage shed have been poured. At the same time, a large concrete pad was poured for barbecue grilling and summer fun! The large storage shed on the property is included, and currently stores the shovels, lawn mower, etc. that tenants use to keep the place looking great! Total monthly rents currently $5,992. Leases are up for renewal starting May 2025, so perfect for moving in as owner occupied or renewing leases with great tenants! Pre-approval or proof of funds required before showings will be scheduled. Do not disturb tenants!

Highlights

Home typeQuadruplex
HeatingForced Air
StatusActive
Size3,492 sqft
Lot size0.31 Acres
Year built1976
ParkingParking: Uncovered, Rv Parking
MLS #2060984
ViewMountain(s)

Summary

  • MLS Number: 2060984
  • MLS Name: UtahRealEstate.com
  • Office Name: In Time Real Estate LLC
  • Listing Agent: Jeremy Heftel

IDXBased on information from UtahRealEstate.com 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. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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kitchen featuring stainless steel appliances, sink, and light hardwood / wood-style flooring

$1,150,000

824 N 50 W

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$409,365$3,083
2023$405,295$3,083
2021$522,500$2,933
2020$486,100$2,709
2019$248,710$2,087
2017$189,695$1,880

History based on county public records data.

Nearby schools

5

Windsor Elementary School

Public District KG-6

0.6 mi

1315 N Main St

4

Sharon School

Public District PK-6

0.6 mi

525 N 400 E

8

Orchard Elementary School

Public District KG-6

1.0 mi

1035 N 800 E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,891. Residents of Orem, UT typically earn between $35k-100k each year. The majority of families are married, with kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

35%
<35k
57%
35k-100k
7%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

29%
Single, No Kids
16%
Single, with Kids
18%
Married, No Kids
37%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

26%
<11 yrs old
8%
12-17 yrs old
43%
18-34 yrs old
21%
35-64 yrs old
2%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 824 N 50 W in Orem, UT and zip code 84057 in the Orem North neighborhood. This 3,492 square foot home, which was built in 1976, sits on a 0.31 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $1,150,000.

Between December and January 2025, Orem, UT real estate market has seen increase in the number of listings by 26.1%. In January 2025 median list price was $527,450 and the average listing age was 111 days.

From Rocket Homes Real Estate and based on county public records data.

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