494 EMERY, Orem, UT 84057
4BD/—BA Residential in Orem, UT 84057. 1,464 sqft. Built 1943. Listed at $522,400. MLS #2165943.
4BD/—BA Residential in Orem, UT 84057. 1,464 sqft. Built 1943. Listed at $522,400. MLS #2165943.
OPPORTUNITY! This beautiful 4 bedroom property has recently undergone a full remodeled inside and out with modern finishes and updates throughout. (It also comes with a massive detached garage!) Incredible chance to own a versatile property in the heart of Orem with built-in income potential and exceptional flexibility for both owner occupants and investors alike! Featuring a FULL basement apartment setup, this property offers the flexibility to have a large living space or you can pursue the opportunity to generate income while still enjoying all the benefits of home ownership. Located in an established Orem neighborhood with convenient access to shopping, dining, schools, parks, commuter routes, and all that Utah Valley has to offer. Enjoy being just minutes from everyday amenities while maintaining the comfort of a residential setting. Additional highlights include detached 2 car garage, a functional layout, private outdoor space, and the rare opportunity to own a home that can help offset ownership costs. Properties with this combination of location + flexibility + income potential are becoming harder to find, don't miss your opportunity to see what 494 Emery has to offer! Square footage provided as a courtesy per county records. Buyer and buyer's agent to verify all information including intended use and rental potential.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.14 sq ft
Above Grade Area
732 sq ft
Condition
Blt./Standing
MLS #
2165943
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.14 sq ft
Above Grade Area
732 sq ft
Condition
Blt./Standing
MLS #
2165943
List Price
$522,400
Annual Taxes
$1,692
Home Warranty
No
List Price
$522,400
Annual Taxes
$1,692
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Vinyl
Basement
Full
Materials
Aluminum
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Vinyl
Basement
Full
Materials
Aluminum
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
10
Garage Spaces
2
Covered Spaces
2
Total Parking
10
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
9% above
vs Market Median
23% above
Area Growth (YoY)
5.6%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.6% year-over-year ZHVI growth in this area
Priced 9% above the median of similar listings
Priced 23% above the per-subtype city median
LT net cashflow -$1,919/mo (-55.2% return on ownership cost) · STR net cashflow -$1,504/mo (-43.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$1,770/mo
Range: $980 – $2,559
Net Monthly Cash Flow
−$1,918 /mo (−$23,020/yr)
Monthly rental income
Monthly ownership cost
Coverage
51%
Net /mo
−$1,919
DSCR
0.59
Est. Annual Revenue
$33,808/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,503 /mo (−$18,036/yr)
Monthly STR income
Monthly ownership cost
Coverage
81%
Net /mo
−$1,504
DSCR
0.75
Elementary
Parkside ElementaryMiddle School
OremHigh School
Mountain ViewSchool District
Alpine
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$510,000
+2% vs median
45 days
172
$249,500 – $5,195,000
$1,692
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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