1068 ELLEN, Orem, UT 84058
8BD/βBA Residential in Orem, UT 84058. 3,492 sqft. Built 1973. Listed at $915,000. MLS #2138017.
8BD/βBA Residential in Orem, UT 84058. 3,492 sqft. Built 1973. Listed at $915,000. MLS #2138017.
Big Price Reduction!! NEW Roof with new rain gutters have been installed!! ($30K value) Excellent Orem location walking distance to UVU and near the ever expanding Provo Airport and within acceptable BYU living area (combined ~80K students). Well maintained 4 plex with upside potential with opportunity to increase rents and value. Cul-de-sac location near shopping, schools and recreation. The all brick structure makes for easy maintenance. AC (forced air) in 3 of the units with 2 being newer. Two of the four units have been recently upgraded with new cabinets, dishwashers, stone counter tops, carpet and tile flooring. All four units are 2 bed, 1 full bath with indoor washer and dryer hookups. Each kitchen boasts plenty of storage, garbage disposals and refrigerators. All property information including square footages and lot size are deemed accurate and subject to buyer inspection and approval. **Come see it, Love it and Make it Your Own!
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Side By Side
County
Utah
Zoning
Multi-Family
Construction
Brick
Lot Size
0.24 sq ft
Condition
Blt./Standing
MLS #
2138017
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Side By Side
County
Utah
Zoning
Multi-Family
Construction
Brick
Lot Size
0.24 sq ft
Condition
Blt./Standing
MLS #
2138017
List Price
$915,000
Original Price
$949,000
Annual Taxes
$3,843
Home Warranty
No
List Price
$915,000
Original Price
$949,000
Annual Taxes
$3,843
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Composition
Flooring
Carpet,Tile
Materials
Brick
Water Source
Private
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Roof
Composition
Flooring
Carpet,Tile
Materials
Brick
Water Source
Private
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
8
Covered Spaces
0
Total Parking
8
Classification
Standard
Deal Score
45/100
vs Market Median
27% above
Price Reduced
3.6%
Area Growth (YoY)
3.8%
Deal Score Breakdown
45/100
4% price reduction from original list β seller may be motivated
3.8% year-over-year ZHVI growth in this area
Priced 27% above the per-subtype city median
STR net cashflow -$1,749/mo (-28.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable listings
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (β₯60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal β it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$75,154/yr
$358/night Β· 41% occupancy Β· $123/bedroom Β· $0.38/sqft
Net Monthly Cash Flow
β$1,749 /mo (β$20,982/yr)
Monthly STR income
Monthly ownership cost
Coverage
102%
Net /mo
β$1,749
DSCR
0.95
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$510,000
+79% vs median
49 days
167
$249,500 β $5,195,000
$3,843
Moderate
9.5
per 1,000
25.1
per 1,000
9.6
per 1,000
44.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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