331 1100, Orem, UT 84097
7BD/—BA Residential in Orem, UT 84097. 4,240 sqft. Built 1978. Listed at $725,000. MLS #2156306.
7BD/—BA Residential in Orem, UT 84097. 4,240 sqft. Built 1978. Listed at $725,000. MLS #2156306.
Tucked just off Palisade Drive, this exceptional rambler sits in a quiet, established community and offers a rare combination of space, flexibility, and character. Featuring 7 bedrooms and 4 bathrooms, and a main level apartment. The home boasts a unique yet highly practical layout designed for comfortable living-complete with laundry rooms on both levels for added convenience. The property is full of personality and presents incredible potential for a variety of living situations, whether you're accommodating a large household, creating multi-generational space, or simply looking for room to grow. Step outside to a fully finished yard where you'll find a standout feature-a two-story shed/craft room in the backyard, perfect for hobbies, a studio, or additional workspace. From here, take in breathtaking panoramic views of Cascade Mountain and Mount Timpanogos, creating a serene and inspiring backdrop. A rare opportunity to own a versatile and distinctive home in one of Orem's most desirable areas.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
NELSON PARK
County
Utah
Zoning
Single-Family
Construction
Asphalt,Brick,Cedar,Other
Lot Size
0.24 sq ft
Above Grade Area
2,132 sq ft
Condition
Blt./Standing
MLS #
2156306
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
NELSON PARK
County
Utah
Zoning
Single-Family
Construction
Asphalt,Brick,Cedar,Other
Lot Size
0.24 sq ft
Above Grade Area
2,132 sq ft
Condition
Blt./Standing
MLS #
2156306
List Price
$725,000
Annual Taxes
$3,112
Home Warranty
No
List Price
$725,000
Annual Taxes
$3,112
Home Warranty
No
Heating
Forced Air,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Vinyl,Concrete
Basement
Daylight,Full
Materials
Asphalt,Brick,Cedar,Other
Laundry
Electric Dryer Hookup
Water Source
Culinary,Secondary
Sewer
Sewer: Available,Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Vinyl,Concrete
Basement
Daylight,Full
Materials
Asphalt,Brick,Cedar,Other
Laundry
Electric Dryer Hookup
Water Source
Culinary,Secondary
Sewer
Sewer: Available,Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
4
Total Parking
8
Garage Spaces
2
Covered Spaces
4
Total Parking
8
Why this is a deal
Classification
Strong Cash FlowDeal Score
70/100
vs Similar Homes
13% above
vs Market Median
10% above
Area Growth (YoY)
5.5%
Deal Score Breakdown
70/100 · 2 qualifying signals
LT net cashflow +$274/mo (+5.6% return on ownership cost) · STR net cashflow -$1,153/mo (-23.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
5.5% year-over-year ZHVI growth in this area
Priced 10% above the per-subtype city median
Priced 13% above the median of similar listings
No price reduction from original list
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
$5,840/mo
Range: $2,055 – $9,626
Net Monthly Cash Flow
+$274 /mo (+$3,284/yr)
Monthly rental income
Monthly ownership cost
Coverage
120%
Net /mo
+$274
DSCR
1.41
Est. Annual Revenue
$63,642/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,152 /mo (−$13,822/yr)
Monthly STR income
Monthly ownership cost
Coverage
109%
Net /mo
−$1,153
DSCR
1.02
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$510,000
+42% vs median
49 days
168
$249,500 – $5,195,000
$3,112
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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