681 1600, Orem, UT 84097
4BD/—BA Residential in Orem, UT 84097. 2,000 sqft. Built 1961. Listed at $524,900. MLS #2147803.
4BD/—BA Residential in Orem, UT 84097. 2,000 sqft. Built 1961. Listed at $524,900. MLS #2147803.
Huge Price adjustment- priced to sell!! Move-in ready two-kitchen home located near both UVU and BYU! This property offers a great investment opportunity, featuring a basement apartment with its own full kitchen. The upstairs kitchen was fully remodeled in 2025 with new countertops, cabinets, gas stove, range hood, porcelain sink, faucet, LVP flooring, and fresh paint. Additional updates include newer windows, remodeled main level bathroom, a newer A/C unit, and added attic insulation for improved energy efficiency (2024). Outside, there is plenty of parking with a 2-car covered carport and an RV pad on the east side of the home. The fully fenced backyard features beautiful mountain views and a variety of fruit trees, including pear, cherry, apple, apricot, peach, blackberry, and raspberry. Additional storage is available in the carport and shed. Located within 1.5 miles of both universities, this home is also close to shopping, dining, and University Place Mall.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.21 sq ft
Above Grade Area
1,000 sq ft
Condition
Blt./Standing
MLS #
2147803
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.21 sq ft
Above Grade Area
1,000 sq ft
Condition
Blt./Standing
MLS #
2147803
List Price
$524,900
Original Price
$550,000
Annual Taxes
$1,918
Home Warranty
No
List Price
$524,900
Original Price
$550,000
Annual Taxes
$1,918
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Brick
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Brick
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
2
Total Parking
6
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
8% below
vs Market Median
7% above
Price Reduced
4.6%
Area Growth (YoY)
5.1%
Deal Score Breakdown
70/100 · 2 qualifying signals
Priced 8% below the median of similar listings
5.1% year-over-year ZHVI growth in this area
5% price reduction from original list — seller may be motivated
Priced 7% above the per-subtype city median
LT net cashflow -$699/mo (-20.1% return on ownership cost) · STR net cashflow -$1,039/mo (-29.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$3,155/mo
Range: $1,975 – $4,335
Net Monthly Cash Flow
−$699 /mo (−$8,392/yr)
Monthly rental income
Monthly ownership cost
Coverage
91%
Net /mo
−$699
DSCR
1.06
Est. Annual Revenue
$41,769/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,039 /mo (−$12,463/yr)
Monthly STR income
Monthly ownership cost
Coverage
100%
Net /mo
−$1,039
DSCR
0.93
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$502,000
+5% vs median
52 days
161
$249,000 – $3,150,000
$1,918
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.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents