Under contract MLS# 2183090 · 53 days on the market
$575,000
It starts with a call with an agent.
385 W 700 N, Orem, UT 84057
About this home
Seller Financing Available on this Turn-Key Investment or House-hacking opportunity with strong rental history. New in the last four years: New roof (2026), Upgraded power (2026), New water heater (2025), New fence (2024), added central air conditioning (2022). High-traffic, convenient location in Orem near State Street, shopping, schools, UVU/BYU access, and commuter routes; easy to rent. This corner lot is large enough to add additional storage, parking, garage, or separate yard spaces. No HOA. Unit 385 is occupied with lease in place until June 2027 at $1550 per month. Unit 387 was recently vacated and was paying $1675 per month. Unit 387 can be shown and is being kept vacant for showings, creating an opportunity to live in one side and rent the other. No showings of Unit 385 until accepted contract. Do not disturb tenant. Buyer to verify all.
Written by the listing agent.
Location
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
- $3,186
- Property tax
- $183
- Home insurance
- $110
10% down ($57,500), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Stories: 2
- Lot
- 0.19 acres
- Parking
- Parking: Uncovered
- Heating
- Gas: Central
- Flooring
- Carpet, Linoleum, Tile
- Roof
- Asphalt
See all 14 details
- Construction
- Brick, Cedar
- Water
- Culinary
- Sewer
- Sewer: Connected
- Effective year built
- 2005
- County
- Utah
- Faces
- North
- Zoning
- Multi-Family
- Terms
- Cash, Conventional, FHA, Seller Finance, Seller Will Subordinate
- Floor Drains
- Corner Lot
- Fenced: Full
- Sidewalks
- Sprinkler: Auto-Part
- 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
Listing courtesy of Skyline Real Estate Group / Bradley Byington. Based on information from UtahRealEstate.com as of 9/28/2026 5:42 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.