For sale MLS# 2162092 · 150 days on the market
$460,000
It starts with a call with an agent.
243 W 400 N, Orem, UT 84057
About this home
NEW LOWER PRICE !!MOTIVATED SELLER .WELCOME TO HOUSE WITH INCOME!! Walkout basement Charming remodeled bungalow cottage, offering 4 bedrooms and 2 bathrooms 2 kitchens with separate entrance , plus an additional finished room in the basement that can be used as a 5th bedroom, office, or flex space. NEW AC UNIT.This move-in-ready home is perfect for a growing family or an investor seeking rental income potential. The basement provides an excellent opportunity for separate living space, making it ideal for extended family or supplemental rental income.The driveway is on the right side of the house 15.5 feet from the white fence to the cement of the next house and all the way to the back.
Written by the listing agent.
Location
The market in Orem today
$460,000 is 12% below the median asking price in Orem.
At $201 per sqft it asks 13% less than the median in the city.
66% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in Orem
Orem is a city in Utah County in the north central part of the state, adjacent to Provo, Lindon, and Vineyard and approximately 45 miles south of Salt Lake City.
- 98,129 residents (2020)
- 1 rail station
- 3 named trails
- 30 named parks
Monthly payment
- Principal & interest
- $2,549
- Property tax
- $167
- Home insurance
- $110
10% down ($46,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Bungalow/Cottage
- Basement
- Entrance, Walk-Out Access
- Lot
- 0.17 acres
- Subdivision
- KASPERSON
- Stories
- 2
- Rooms
- 14
See all 20 details
- Basement finished
- 95%
- Parking
- Parking: Uncovered
- Heating
- Gas: Central
- Cooling
- Central Air
- Flooring
- Carpet, Laminate, Tile
- Roof
- Aluminum
- Construction
- Brick
- Water
- Culinary
- Sewer
- Sewer: Connected
- Effective year built
- 2026
- County
- Utah
- Faces
- Northwest
- Zoning
- Single-Family
- Terms
- Cash, Conventional, FHA, VA Loan
- Kitchen: Second
- Kitchen: Updated
- Mother-in-Law Apt.
- Basement Entrance
- Walkout
- Sprinkler: Auto-Full
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Water Connected
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Alpine
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Listing courtesy of Utah's Wise Choice Real Estate / Ruth Roesner Flores. Based on information from UtahRealEstate.com as of 10/12/2026 3:07 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.