1565 S 240th St E, Orem, UT 84058
OFF MARKET

1565 S 240th St E
Orem, UT 84058

Cherry Hill
  • 4 Beds
  • 2 Baths
  • 1,560 sqft

$514,600

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $2,902/mo*
Refinance Your Home

$514,600

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $2,902/mo*
Refinance Your Home
4 Beds
2 Baths
1,560 sqft

Home Value

Trulia Estimate
$515K
Since last month
Decreased$25K (-4.6%)
Since last year
Decreased$5K (-0.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +119% in the last 10 years
MonthEstimated value
2026
August 2026$515K
July 2026$516K
June 2026$540K
May 2026$541K
April 2026$534K
March 2026$521K
February 2026$520K
January 2026$530K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1412 S 280 E, Orem, UT
0.20
Multi-Family Home
-
12/06/25
8
4
3,330
2241 N 1060 W, Provo, UT
0.73
Multi-Family Home
-
05/01/26
6
4
3,232
1769 N Cobblestone Dr, Provo, UT
0.89
Multi-Family Home
-
10/09/25
4
2.5
3,084
241 E 2200 N, Provo, UT
1.85
Multi-Family Home
-
08/27/25
4
2
2,784
363 E 200 S, Orem, UT
1.73
Multi-Family Home
-
03/27/26
6
3
2,640
169 N 700 W, Provo, UT
2.44
Multi-Family Home
-
05/07/26
5
2
1,073
558 W 400 N, Orem, UT
2.73
Multi-Family Home
-
06/05/26
4
4
2,156
432 S 100 E, Provo, UT
3.27
Multi-Family Home
-
10/10/25
4
2
1,950
225 W 1030th St N, Orem, UT
3.33
Multi-Family Home
-
06/12/26
4
2
3,348
355 S 300 E, Provo, UT
3.33
Multi-Family Home
-
12/17/25
6
3
2,472

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
320 E Victory Drive, Savannah, GA 31405
0.14
$1,317,100
12
8
8,588
Off Market
1485 S 110 E, Orem, UT 84058
0.19
$258,200
2
1
803
Off Market
34 E 1600 S, Orem, UT 84058
0.29
-
3
1
960
Recently Sold
375 E 1780th Rdg S, Orem, UT 84058
0.29
$670,000
4
3
3,022
For Sale
164 E 1780 S #10, Orem, UT 84058
0.30
$838,000
4
2.5
3,761
For Sale
1778 S 400 E, Orem, UT 84058
0.32
$610,000
6
4
3,055
Off Market
142 E 1820 S, Orem, UT 84058
0.36
$1,150,000
4
2.5
4,889
For Sale
1442 S Main St, Orem, UT 84058
0.41
$859,900
5
4.5
4,426
For Sale
1555 S 630 E, Orem, UT 84097
0.49
$405,700
4
2
1,368
Off Market
1171 S 100 E, Orem, UT 84058
0.52
$899,500
8
4
3,324
For Sale
160 W 1600 S, Orem, UT 84058
0.52
-
5
3.5
4,368
Off Market
1442 S 135 W, Orem, UT 84058
0.54
-
5
2
2,304
Recently Sold

Local Information

  • Map ViewExplore the area around 1565 S 240th St E.
-- mins to
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Home Highlights

Property Type
Multi-Family
Year Built
1967
Living Area
1,560 sqft
Price/Sqft
$330

About this House

This multi-family home is located at 1565 S 240th St E, Orem, UT. 1565 S 240th St E is in the Cherry Hill neighborhood in Orem, UT and in ZIP code 84058. This property has 4 bedrooms, 2 bathrooms and approximately 1,560 sqft of floor space. This property has a lot size of 7840 sqft and was built in 1967.
1565 S 240th St E, Orem, UT 84058 is a 4 bedroom, 2 bathroom, 1,560 sqft multi-family in Cherry Hill, built in 1967. It is currently off market. The Trulia Estimate is $514,600, with a rent estimate of $1,530/month.

Home Details for 1565 S 240th St E

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 10

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Stone

Property Information

Year Built
Year Built: 1967Year Updated: 1989
Property Type / Style
Property Type: Multi FamilyArchitecture: duplex single

Community

Units in Building: 2

Lot Information

Lot Area: 7840 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$2,039
$465,400
Home facts updated by county records

Market trends in Orem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$507K
$4.71KMoM
Sale-to-List Price
99.4%
0.1%MoM
Price per sq ft
$240
$1MoM
Available listings
233
6MoM
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Around this home

Neighborhood Overview

Cherry Hill
See Local Highlights
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

  • 82 % Say parking is easy

  • 79 % Say yards are well-kept

  • 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

  • 46 % 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

Sourced by Trulia users. 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. "
    0
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Apartments for Rent

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Explore by feature - Pet Friendly

47 pet-friendly rentals in Orem, UT

Explore by feature - Garage

52 rentals with a garage in Orem, UT

Explore by feature - Air Conditioning

133 rentals with air conditioning in Orem, UT

Explore by feature - Pool

60 rentals with a pool in Orem, UT

Explore by feature - Washer/dryer

119 rentals with a washer/dryer in Orem, UT

Explore by feature - Outdoor Space

19 rentals with an outdoor space in Orem, UT

Homes for sale near 1565 S 240th St E

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Off Market Homes Near 1565 S 240th St E

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Frequently asked questions about 1565 S 240th St E

  • What is 1565 S 240th St E estimated to be worth?
    Trulia's estimated value for 1565 S 240th St E in Orem, UT is $514,600.
  • 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 $507K. That is down $4.71K from the prior month.
  • What do residents say about the Cherry Hill neighborhood?
    Residents describe the Cherry Hill neighborhood in Orem, UT as pedestrian-friendly, easy to park in, and well-kept. See recently sold homes in Cherry Hill, Orem.