1531 S  450th St E, Orem, UT 84058
FOR SALE
0.3 ACRES

1531 S 450th St E
Orem, UT 84058

Cherry Hill
  • 12 Beds
  • 4 Baths
  • 4,152 sqft (on 0.30 acres)

$1,349,999

Original price: $1,399,999
Est. Mortgage $6,862/mo*

$1,349,999

Original price: $1,399,999
Est. Mortgage $6,862/mo*
12 Beds
4 Baths
4,152 sqft
(on 0.30 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

50k PRICE DROP!!! 4.25% seller financing rate!!! HOLY COW!!! $400k down and balloon payment due 06/30/2027. Take advantage of this low introductory rate and get ahead on your end-game, ready to go 4-plex! Location, location, location! Step into one of the best investment opportunities Orem has to offer. This stunningly remodeled 4-plex places tenants right in the center of the action, mere minutes from the vibrant University Place shopping center and offering unparalleled convenience to both BYU and UVU campuses. This isn't your average rental property. Over the last few years, the entire building has been transformed with modern, attractive features that tenants love, including sleek quartz countertops, durable LVP flooring, and sparkling stainless steel appliances. Comfort is guaranteed with brand-new windows and a one-year-old HVAC system in all four units. For the savvy investor, this property delivers maximum value: no HOA fees, high rental income driven by its coveted position, and separate meters for streamlined management. Stop looking at overpriced, high-HOA properties; your profitable, turnkey investment is right here!

Home Highlights

Parking
4 Open Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$325
Listed
180+ days ago

Home Details for 1531 S 450th St E

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 4
Dimensions and Layout
Living Area: 4152 Square Feet
Appliances & Utilities
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water ConnectedAppliances: Disposal, Gas Oven, Free-Standing Range, Built In DishwasherDisposalLaundry: Electric Dryer Hookup
Heating & Cooling
Heating: Forced Air,CentralNo CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property

Exterior Features

Exterior Home Features
Roof: AsphaltFencing: PartialVegetation: Landscaping: Full, Mature TreesNo Private Pool
Parking & Garage
Number of Carport Spaces: 4Number of Covered Spaces: 4Open Parking Spaces: 4Has a CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 8Parking: Covered,Open
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer, Sewer: Public

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1984Year Renovated: 1984
Property Type / Style
Property Type: Residential IncomeProperty Subtype: QuadruplexArchitecture: Up And Down
Building
Construction Materials: Aluminum SidingNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty
Property Information
Condition: Blt./StandingParcel Number: 400390008

Price & Status

Price
List Price: $1,349,999Price Per Sqft: $325

Active Status

MLS Status: Active

Location

Direction & Address
City: Orem
School Information
Elementary School: Cherry HillElementary School District: AlpineJr High / Middle School: LakeridgeJr High / Middle School District: AlpineHigh School: Mountain ViewHigh School District: Alpine

Agent Information

Listing Agent
Listing ID: 2117810

Building

Building Area
Building Area: 4152 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.30 acres

Documents

Disclaimer: Information not guaranteed. Buyer to verify all information.

Offer

Listing Terms: Cash, Conventional, Seller Finance

Miscellaneous

Mls Number: 2117810

Additional Information

SidewalksSource Internet Entire Listing Display
Last check for updates: about 20 hours ago
Listing courtesy of Alex Hansen, (801) 243-7273
NRE
Source: UtahRealEstate.com, MLS#2117810
Also Listed on UtahRealEstate.com.

Price History for 1531 S 450th St E

DatePriceEventSource
04/17/2026$1,349,999PriceChange
UtahRealEstate.com #2117810
12/23/2025$1,399,999PendingToActiveUtahRealEstate.com #2117810
12/21/2025$1,399,999PendingUtahRealEstate.com #2117810
10/16/2025$1,399,999PriceChange
UtahRealEstate.com #2117810
07/11/2024$1,299,000PriceChange
UtahRealEstate.com #2010583
09/04/2022$959,000PendingUtahRealEstate.com #1838661
08/31/2022$959,000Listed For SaleUtahRealEstate.com #1838661

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Comparable Sales for 1531 S 450th St E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.54
Multi-Family Home
-
05/01/26
6
4
3,232
1.60
Multi-Family Home
-
08/27/25
4
2
2,784

Assigned Schools

These are the assigned schools for 1531 S 450th St E.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Cherry Hill

At least 13 Trulia users voted on each feature.
  • 94 % Say there are sidewalks

  • 85 % Say car is needed

  • 85 % Say kids play outside

  • 83 % Say yards are well-kept

  • 82 % Say parking is easy

  • 79 % Say people would walk alone at night

  • 76 % Say there's holiday spirit

  • 76 % Say it's dog friendly

  • 69 % Say streets are well-lit

  • 68 % Say it's walkable to restaurants

  • 59 % Say it's quiet

  • 47 % Say neighbors are friendly

  • 37 % Say there are community events

  • 23 % Say it's walkable to grocery stores

  • 23 % Say they plan to stay for at least 5 years

  • 17 % Say there's wildlife

Learn more about our methodology.
  • Kenneth B.
    "Not enough dog parks. Majority of dog owners here are not educated in proper training for their dogs. "

LGBTQ Local Legal Protections

Alex Hansen, NRE
Agent Phone: (801) 243-7273
Based on information from UtahRealEstate.com as of 2026-03-26 15:41:24 PDT. 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.Click here for more information
1531 S 450th St E, Orem, UT 84058 is a 12 bedroom, 4 bathroom, 4,152 sqft multi-family built in 1984. 1531 S 450th St E is located in Cherry Hill, Orem. This property is currently available for sale and was listed by UtahRealEstate.com on Oct 16, 2025. The MLS # for this home is MLS# 2117810.