1589 S 240 E #2, Orem, UT 84058
OFF MARKET

$429,800

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 700 sqft

1589 S 240 E #2, Orem, UT 84058

Cherry Hill
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Home Value

Trulia Estimate
$430K
Since last month
Decreased$3K (-0.6%)
Since last year
Decreased$152K (-24.5%)
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 +167% in the last 10 years
MonthEstimated value
2026
October 2026$470K
September 2026$521K
August 2026$473K
July 2026$472K
June 2026$569K
May 2026$503K
April 2026$505K
March 2026$428K
February 2026$534K
January 2026$536K
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
0.23
Multi-Family Home
-
12/06/25
8
4
3,330
2241 N 1060 W, Provo, UT
0.72
Multi-Family Home
-
05/01/26
6
4
3,232
363 E 200 S, Orem, UT
1.76
Multi-Family Home
-
03/27/26
6
3
2,640
169 N 700 W, Provo, UT
2.40
Multi-Family Home
-
05/07/26
5
2
1,073
1084 E 620 N, Provo, UT
3.14
Multi-Family Home
-
08/13/26
2
2
360
558 W 400 N, Orem, UT
2.76
Multi-Family Home
-
06/05/26
4
4
2,156
1146 W 100 N, Provo, UT
2.30
Multi-Family Home
-
12/01/25
-
4,200
225 W 1030th St N, Orem, UT
3.37
Multi-Family Home
-
06/12/26
4
2
3,348
355 S 300 E, Provo, UT
3.31
Multi-Family Home
-
12/17/25
6
3
2,472
482 N 1100 E, Provo, UT
3.21
Multi-Family Home
-
12/11/25
6
6
2,200

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
1587 S 240th St E, Orem, UT 84058
0.00
$841,500
8
4
1,577
Off Market
1587 S 240 E, Orem, UT 84058
0.01
$704,300
7
4
3,154
Off Market
1573 S 240th St E, Orem, UT 84058
0.02
$808,800
8
4
1,577
Off Market
1573 S 240 E, Orem, UT 84058
0.02
$677,300
7
4
3,100
Off Market
234 E 1600 S, Orem, UT 84058
0.03
-
-
-
-
Off Market
275 E 1600 S, Orem, UT 84058
0.03
$419,400
3
2
1,373
Off Market
275 E 1600th St S, Orem, UT 84058
0.03
$432,400
4
2
1,123
Off Market
233 E 1600th St S, Orem, UT 84058
0.03
$409,800
2
2
1,008
Off Market
230 E 1600 S, Orem, UT 84058
0.03
-
-
-
-
Off Market
1582 S 280 E, Orem, UT 84058
0.03
$441,800
3
1
1,239
Off Market
1563 S 240 E, Orem, UT 84058
0.03
-
-
-
-
Off Market
1574 S 240th St E, Orem, UT 84058
0.03
$460,300
2
2
912
Off Market
1565 S 240th St E, Orem, UT 84058
0.03
$507,200
4
2
1,560
Off Market
1574 S 240 E, Orem, UT 84058
0.04
$477,800
4
2
1,824
Off Market
240 E 1600 S, Orem, UT 84059
0.04
$416,200
3
1
1,680
Off Market
248 E 1600 S, Orem, UT 84058
0.04
$489,200
3
2
1,910
Off Market
219 E 1600th St S, Orem, UT 84058
0.04
$375,100
3
1
1,040
Off Market
1570 S 280 E, Orem, UT 84058
0.04
$411,700
3
1
1,355
Off Market
1564 S 240th St E, Orem, UT 84058
0.04
$446,200
4
2
1,824
Off Market
1564 S 240th St E, Orem, UT 84058
0.04
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 1589 S 240 E #2.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
700 sqft
$614/sqft

About this House

This multi-family home is located at 1589 S 240 E #2, Orem, UT. 1589 S 240 E #2 is in the Cherry Hill neighborhood in Orem, UT and in ZIP code 84058. This property has 2 bedrooms, 1 bathroom and approximately 700 sqft of floor space.
1589 S 240 E #2, Orem, UT 84058 is a 2 bedroom, 1 bathroom, 700 sqft multi-family in Cherry Hill. More recently, it was listed as a rental in August 2018 with an asking price of $750 per month. That rental listing was removed on August 16, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $429,800, with a rent estimate of $1,126/month.

Home Details for 1589 S 240 E #2

Property Information

Property Type / Style
Property Type: Multi Family

Community

Units in Building: 4

Price and Tax history

DateEventPrice
Aug 16, 2018
Source: Agent Provided
ListingRemoved
$750
Aug 7, 2018
Source: Agent Provided
Listed For Rent
$750
Mar 15, 2018
Source: Agent Provided
ListingRemoved
$750
Feb 8, 2018
Source: Agent Provided
Listed For Rent
$750
Jul 28, 2017
Source: Agent Provided
ListingRemoved
$730

Market trends in Orem

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$496K
$11.33KMoM
Sale-to-List Price
99.7%
0.3%MoM
Price per sq ft
$240
$0MoM
Available listings
247
13MoM

Around this home

Neighborhood Overview

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

What Locals Say about Cherry Hill

This October

Trick-or-Treat Score

Built from what locals say about Cherry Hill.
  • 94% say there are sidewalks
  • 76% say there's holiday spirit
  • 46% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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
    Flag

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Frequently asked questions about 1589 S 240 E #2

  • What is 1589 S 240 E #2 estimated to be worth?
    Trulia's estimated value for 1589 S 240 E #2 in Orem, UT is $429,800.
  • 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 $496K. That is down $11.33K 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.

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Apartments for Rent

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Off Market Homes Near 1589 S 240 E #2

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