732 E  1500 S, Orem, UT 84097
Property image
Property image
FOR SALE
0.3 ACRES

$925,000

  • 8 Beds
  • 4 Baths
  • 3,444 sqft (on 0.30 acres)

732 E 1500 S, Orem, UT 84097

Hillcrest
Est. Mortgage $5,379/mo*
Get Pre-Qualified

Home Highlights

Multi-Family
Built in 1968
0.3 acre lot
$269/sqft
Open Parking

Local Information

  • Map ViewExplore the area around 732 E 1500 S.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Well-maintained, fully leased fourplex in a highly desirable Orem rental location. Each of the four units offers 861 square feet with 2 bedrooms and 1 bathroom, including washer and dryer hookups. All units have central A/C (installed in 2023) and forced-air heating. The property has numerous capital improvements, including a new roof, siding, fascia, and rain gutters completed in 2013. Units 732, 734, and 736 were updated with cabinets, new sinks, and dishwashers, while several units also feature laminate flooring and other interior improvements. Situated on a deep 0.304-acre lot, the property offers additional outdoor space and long-term potential. Current monthly rental income is $4,850, with rents of $1,250, $1,250, $1,250, and $1,100 (month-to-month). Tenants pay their own gas and electricity, while the owner pays water, sewer, and trash. Ideally located adjacent to University Place Mall and within 10 minutes of UVU, BYU, and I-15, this property provides stable in-place income in one of Orem's strongest rental markets. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement.
Last check for updates: about 11 hours ago
Listing courtesy of Joshua Spackman, (385) 309-7824
Rock Canyon Real Estate LLC
Source: UtahRealEstate.com, MLS#2175563
Also Listed on UtahRealEstate.com.

Home Details for 732 E 1500 S

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4
Dimensions and Layout
Living Area: 3444 Square Feet
Appliances & Utilities
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Heating & Cooling
Heating: CentralNo CoolingHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate
Levels, Entrance, & Accessibility
Levels: TwoFloors: Carpet, Laminate

Exterior Features

Exterior Home Features
Roof: AsphaltNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Open
Frontage
Not on Waterfront

Days on Market

Days on Market: 45

Property Information

Year Built
Year Built: 1968
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Construction Materials: BrickNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty
Property Information
Condition: Blt./StandingParcel Number: 190200074

Price & Status

Price
List Price: $925,000Price Per Sqft: $269

Active Status

MLS Status: Active

Location

Direction & Address
City: Orem
School Information
Elementary School: CentennialElementary School District: AlpineJr High / Middle School: LakeridgeJr High / Middle School District: AlpineHigh School: OremHigh School District: Alpine

Agent Information

Listing Agent
Listing ID: 2175563

Building

Building Area
Building Area: 3444 Square Feet

Community

Not 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, FHA, VA Loan

Miscellaneous

Mls Number: 2175563Attribution Contact: 801-318-4483

Additional Information

Source Internet Entire Listing Display

Around this home

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 Hillcrest

At least 21 Trulia users voted on each feature.
  • 93 % Say it's dog friendly

  • 90 % Say there are sidewalks

  • 85 % Say car is needed

  • 79 % Say kids play outside

  • 78 % Say it's walkable to restaurants

  • 77 % Say parking is easy

  • 67 % Say there's holiday spirit

  • 63 % Say people would walk alone at night

  • 61 % Say yards are well-kept

  • 50 % Say it's walkable to grocery stores

  • 48 % Say it's quiet

  • 46 % Say neighbors are friendly

  • 42 % Say streets are well-lit

  • 33 % Say there are community events

  • 29 % Say there's wildlife

  • 21 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Danmomen
    "It’s so close to everything here in Orem. Love being able to walk to the mall, movies and restaurants. "
  • Mel R
    "Short but crowded and traffic is thick at certain times of day. I don’t like the traffic but it is convenient to freeway access. Stores are easily accessible and the mall is close. Many restaurants really nearby so many to choose from. Great place for kids too!"
  • Danmomen
    "It’s a culesac. Nice neighborhood. Walking distance to the mall and Costco. They will be building the new Hale center theater here soon. Wish I had a million dollars. "
  • R45acp
    "Great easy access to everything sometimes the traffic is a pain but bearable. I don’t have to drive that much be everywhere I go is easily accessible the only Problem is State Street gets so jampacked at the time everyone gets off work that sometimes you have to sit through like three and four times to get through."
  • Jessica L.
    "Good neighborhood. Family oriented. Mostly Mormon just an FYI. It’s safe though and close knit. It’s also close to all the shopping you need"
  • Kennard K.
    "Sought after Lynwood Park neighborhood, safe, enclosed. With community pool and tennis court, HOA. Close to major retailers, hospitals, entertainment, parks, recreation, and transportation. Great schools, and two major universities. Low crime rate, many community services available."

Market trends in Orem

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

Home Value

Trulia Estimate
$884K
Since last month
Decreased$19K (-2.1%)
Since last year
Decreased$29K (-3.2%)
Since last sale
Increased$4K (+0.4%)
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 +141% in the last 10 years
MonthEstimated value
2026
September 2026$879K
August 2026$885K
July 2026$898K
June 2026$937K
May 2026$915K
April 2026$908K
March 2026$912K
February 2026$906K
January 2026$919K
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
0.38
Multi-Family Home
-
05/01/26
6
4
3,232
3.45
Multi-Family Home
-
06/12/26
4
2
3,348

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
0.03
$299,809
2
1
975
For Sale
0.03
-
-
-
-
Recently Sold
0.09
$480,800
3
2.5
2,754
Off Market
0.09
$554,900
4
3
2,984
For Sale
0.08
-
3
2
1,644
Recently Sold
0.11
$402,900
4
2
1,368
Off Market
0.27
$920,000
8
6
4,000
For Sale
0.38
-
6
4
3,232
Recently Sold
0.40
$2,600,000
6
3
3,520
For Sale
0.50
$529,000
4
2
1,385
For Sale
0.51
-
5
2
2,016
Recently Sold

Price and Tax history

DateEventPrice
Jul 30, 2026
Source: UtahRealEstate.com #2175563
Listed For Sale
$925,000
Dec 27, 2022
Source: N/A
Sold
--
Dec 7, 2022
Source: UtahRealEstate.com #1850533
Pending
$899,000
Nov 17, 2022
Source: UtahRealEstate.com #1850533
PendingToActive
$899,000
Nov 9, 2022
Source: UtahRealEstate.com #1850533
Pending
$899,000

LGBTQ Local Legal Protections

Joshua Spackman, Rock Canyon Real Estate LLC
Agent Phone: (385) 309-7824
Based on information from UtahRealEstate.com as of 2026-09-14 00:18:20 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

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Frequently asked questions about 732 E 1500 S

  • What is the estimated monthly payment for 732 E 1500 S?
    Based on a $925,000 list price with 20% down at today's rates, the estimated monthly payment for 732 E 1500 S in Orem, UT is approximately $5,445 (about $5,039 principal & interest, $331 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 732 E 1500 S compare to homes in Orem?
    732 E 1500 S in Orem, UT is listed at $925,000, about 87% above the $496K median sale price in Orem.
  • What do residents say about the Hillcrest neighborhood?
    Residents describe the Hillcrest neighborhood in Orem, UT as dog-friendly, pedestrian-friendly, and walkable to restaurants. See homes for sale in Hillcrest, Orem.
  • What are the closest schools to 732 E 1500 S?
    The closest schools to 732 E 1500 S in Orem, UT are Centennial Elementary (Pre-K, rated 7/10), Lakeridge Jr High School (rated 7/10), Orem High School (rated 5/10).
  • Does 732 E 1500 S have parking?
    Yes, 732 E 1500 S in Orem, UT has on-site parking.
732 E 1500 S, Orem, UT 84097 is a 8 bedroom, 4 bathroom, 3,444 sqft multi-family built in 1968. 732 E 1500 S is located in Hillcrest, Orem. This property is currently available for sale and was listed by UtahRealEstate.com on Jul 30, 2026. The MLS # for this home is MLS# 2175563.