1042 S 40 E, Orem, UT 84058
OFF MARKET

1042 S 40 E
Orem, UT 84058

Lakeridge
  • 12 Beds
  • 4 Baths
  • 2,129 sqft (on 0.29 acres)

$910,200

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $5,061/mo*
Refinance Your Home

$910,200

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $5,061/mo*
Refinance Your Home
12 Beds
4 Baths
2,129 sqft
(on 0.29 acres)

Local Information

  • Map ViewExplore the area around 1042 S 40 E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1986
Lot Size
0.29 acres
Living Area
2,129 sqft
Price/Sqft
$428

About this House

This multi-family home is located at 1042 S 40 E, Orem, UT. 1042 S 40 E is in the Lakeridge neighborhood in Orem, UT and in ZIP code 84058. This property has 12 bedrooms, 4 bathrooms and approximately 2,129 sqft of floor space. This property has a lot size of 0.29 acres and was built in 1986.
1042 S 40 E, Orem, UT 84058 is a 12 bedroom, 4 bathroom, 2,129 sqft multi-family in Lakeridge, built in 1986. It is currently off market. The Trulia Estimate is $910,200, with a rent estimate of $1,439/month.

Home Details for 1042 S 40 E

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: OtherAir ConditioningHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Stone

Property Information

Year Built
Year Built: 1986
Property Type / Style
Property Type: Multi FamilyArchitecture: triplex

Community

Units in Building: 4

Lot Information

Lot Area: 0.29 acres

Market trends in Orem

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$510K
$10.35KMoM
Sale-to-List Price
99.2%
0.4%MoM
Price per sq ft
$239
$1MoM
Available listings
239
17MoM
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Property Tax and Assessment

Year2025
Tax$4,203
Assessment$959,600
Home facts updated by county records

Comparable Sales for 1042 S 40 E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1412 S 280 E, Orem, UT
0.52
Multi-Family Home
-
12/06/25
8
4
3,330
363 E 200 S, Orem, UT
1.17
Multi-Family Home
-
03/27/26
6
3
2,640
2241 N 1060 W, Provo, UT
1.33
Multi-Family Home
-
05/01/26
6
4
3,232
558 W 400 N, Orem, UT
2.05
Multi-Family Home
-
06/05/26
4
4
2,156
1769 N Cobblestone Dr, Provo, UT
1.57
Multi-Family Home
-
10/09/25
4
2.5
3,084
241 E 2200 N, Provo, UT
2.31
Multi-Family Home
-
08/27/25
4
2
2,784
225 W 1030th St N, Orem, UT
2.68
Multi-Family Home
-
06/12/26
4
2
3,348
169 N 700 W, Provo, UT
3.11
Multi-Family Home
-
05/07/26
5
2
1,073
624 E 300 N #3, Vineyard, UT
2.91
Multi-Family Home
-
04/08/26
28
25
17,962
482 N 1100 E, Provo, UT
3.83
Multi-Family Home
-
12/11/25
6
6
2,200

Nearby homes

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Assigned Schools

These are the assigned schools for 1042 S 40 E.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Lakeridge
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Lakeridge

At least 14 Trulia users voted on each feature.

  • 95 % Say it's dog friendly

  • 94 % Say there are sidewalks

  • 87 % Say people would walk alone at night

  • 82 % Say kids play outside

  • 80 % Say it's walkable to restaurants

  • 79 % Say car is needed

  • 79 % Say yards are well-kept

  • 76 % Say there's holiday spirit

  • 64 % Say it's quiet

  • 60 % Say parking is easy

  • 56 % Say it's walkable to grocery stores

  • 53 % Say there are community events

  • 50 % Say neighbors are friendly

  • 47 % Say they plan to stay for at least 5 years

  • 41 % Say streets are well-lit

  • 35 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Wonderful neighborhood full of quiet, kind individuals. Schools are all close, and you're right next to all the shopping in the area, without any of the noise or traffic!"
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Apartments for Rent

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Explore by feature - Pet Friendly

44 pet-friendly rentals in Orem, UT

Explore by feature - Garage

47 rentals with a garage in Orem, UT

Explore by feature - Air Conditioning

112 rentals with air conditioning in Orem, UT

Explore by feature - Pool

62 rentals with a pool in Orem, UT

Explore by feature - Washer/dryer

98 rentals with a washer/dryer in Orem, UT

Explore by feature - Outdoor Space

21 rentals with an outdoor space in Orem, UT

Homes for sale near 1042 S 40 E

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Off Market Homes Near 1042 S 40 E

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Frequently asked questions about 1042 S 40 E

  • What is 1042 S 40 E estimated to be worth?
    Trulia's estimated value for 1042 S 40 E in Orem, UT is $910,200.
  • Is Orem a buyer's or seller's market?
    Orem is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Orem?
    The median sale price in Orem is $510K. That is up $10.35K from the prior month.
  • What do residents say about the Lakeridge neighborhood?
    Residents describe the Lakeridge neighborhood in Orem, UT as dog-friendly, pedestrian-friendly, and walkable to restaurants. See recently sold homes in Lakeridge, Orem.