1 month on rocket

1814 S Columbia Ln E, Orem, UT, 84097

$875,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Baths
5,055 SqFt
$173/SqFt
Multi

Location

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1814 S Columbia Ln E, Orem$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1986
HeatingForced Air
MLS #2030476
Lot Size0.16 Acres
StatusActive

About 1814 S Columbia Ln E

Prime Mixed-Use Investment Opportunity in Orem! Discover this well-maintained, updated mixed-use building, ideally zoned for commercial use with two residential rental units. Built in 1986, the property has been modernized and shows beautifully, making it a perfect turnkey investment. Located in a high-traffic area, only one block from busy State Street, the property offers steady revenue streams, generating nearly $5000 per month in income. The commercial space provides flexibility for business operations, while the two residential units are currently rented, ensuring additional consistent cash flow. This is a rare opportunity to own a versatile property in a growing market.

Property Details

Property Features

Property Information:

  • Architectural Style: Stories: 2
  • Year Built: 1986
  • Stories: 0
  • Living Area: 5,055 SqFt

Listing Office:

  • Office Name: Rock Canyon Real Estate LLC
  • Office Phone: (801) 318-4483
  • Listing Agent: Scott Murray

Interior Features

Interior Information:

  • Interior: Disposal, Kitchen: Updated, Range/Oven: Built-In, Dishwasher: Built-In

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Double Pane Windows, Patio: Open

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Sidewalk, Sprinklers
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $173/SqFt
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Housing Market Comparison

See how this home compares to others in Orem, UT.

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Orem, UT

City

Med. List Price

$525K

Med. Price/SqFt

$233

Avg. Days On Market

93

1814 S Columbia Ln E vs Orem

42 DAYS ON ROCKET

-51 Days

$875,000

+$350K More

$173/SqFt

-$60 Less

KEY TAKEAWAY

This property is $350K more than the Median List Price and $60/SqFt less than other homes in Orem, UT.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #2030476

Listing Office:

  • Office Name: Rock Canyon Real Estate LLC
  • Office Phone: (801) 318-4483
  • Listing Agent: Scott Murray

IDXBased on information from UtahRealEstate.com 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. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4544235
6
/10

  • Cherry Hill Elementary School

  • 250 E 1650 S

  • 0.51 miles

  • Public District Grades KG-6

school-card-donut-4544236
8
/10

  • Westridge School

  • 1720 W 1460 N

  • 0.77 miles

  • Public District Grades KG-6

school-card-donut-4544237
4
/10

  • Westmore Elementary School

  • 1150 S Main St

  • 1.22 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,692. Most Orem, UT residents have annual incomes between $35k-100k. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Utah›Utah County›Orem›84097›1814 S Columbia Ln E

This home is located at 1814 S Columbia Ln E in Orem, UT and zip code 84097 in the Cherry Hill neighborhood. This 5,055 square foot home, which was built in 1986, sits on a 0.16 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $875,000.

The inventory of homes for sale in Orem, UT between October 2024 and November 2024 increased by 29.5%. In November 2024 median list price was $525,000 and the average listing age was 93 days.

From Rocket Homes Real Estate and based on county public records data.

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