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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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1069 S Ellen Cir , Orem, UT 84058
$885,000
Est. Payment: $1,966.67/mo
8 Bed
4 Bath
3504 Sqft
Status: Under Contract | Days on site: 4
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9661 - 93785
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House Description

Rare opportunity to own a fully occupied 4-plex in a prime Orem location, just minutes from both UVU and BYU! All four units are approximately 876 sq. ft. and feature 2 bedrooms and 1 bathroom, offering a highly desirable and functional rental layout. Current monthly rents are $1,225, $1,045, $1,195, and $1,175, totaling $4,640 per month in scheduled rent. In addition, each tenant contributes $65 per month toward city utilities, bringing total monthly collections to approximately $4,900. Three units are currently under one-year leases, with the remaining unit leased through January 2027, providing an incoming owner with established rental income from day one. Several units have received extensive updates, including new flooring, fresh paint, updated cabinets and countertops, remodeled bathrooms, and more. Two units also feature new HVAC systems, helping reduce future capital expenses. Location is a major highlight approximately 23 miles from UVU and 45 miles from BYU, with convenient access to I-15, shopping, restaurants, employment, and everything Orem and Provo have to offer. A compelling opportunity for investors looking to add a well located Utah County multifamily property to their portfolio. Fully occupied, established leases, updated units, and strong proximity to two major universities. Additional photos coming next week. Please do not disturb tenants. Square footage and all information provided as a courtesy; buyer and buyer's agent to verify all information.

Highlights

Listed by Cody Ellison , 385-319-6905 Mountainland Realty, Inc , 801-785-5013.

Property Type

Residential

Lot/Acreage
0.24

Year Built

1973

County

Utah

Area

Orem; Provo; Sundance

Neighborhood

Pyne Acres

School District

Alpine

Listing ID

2184476

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:
Floor:Carpet,Tile,Vinyl
Other:
  • Range/Oven:Free Stdng.
  • Dishwasher:Built-In
  • Additional:Disposal, Floor Drains
Water:Culinary

Exterior Features

Lot:Cul-De-Sac,Curb & Gutter,Fenced: Part,Road: Paved,View: Mountain
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:0
Roof:Asphalt
Others:
  • Additional:Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Principal Interest
$1,967
Taxes
$320

Home Price

$885,000

Loan Details

30 yrs
%

Down Payment

20%
$177,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,966.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,966.67 $320.25 $0.00 $2,286.92
Yearly $23,600.00 $3,843.00 $0.00 $27,443.00
Total $708,000.00 $115,290.00 $0.00 $823,290.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Orem, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.