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Investment Properties for Sale in Orem, Utah
There are 51 Orem listings marketed to investors, with a median asking price of $465,000. Over the last 12 months, 143 sold at a median of $490,000.
Short-term rentals aren't currently allowed under Orem city code, and the city is still deciding on a licensing ordinance. Long-term rentals keep Utah's 45% residential exemption when the home is a tenant's primary residence. See multi-family homes.
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Utah MLS data · updated Nov 5, 2026
Orem investment properties by the numbers
Today's listings plus closed sales recorded in the MLS, each home counted once. Medians, not averages, so one outlier can't skew them.
- For sale now
- 51
- median ask $465,000
- Median sale, last 12 mo
- $490,000
- 143 sold · -3.5% vs prior year
- Price per sq ft
- $241
- median of closed sales · typical 2,100 sq ft
- HOA dues
- $199/mo
- median · 43% of listings have dues
Over the last 12 months, 143 investment properties sold in Orem, taking a median of 23 days to go under contract and closing at 98.4% of the final list price.
What's for sale
Today's 51 listings by type.
- Single-family homes 17 (33%)
- Condos 15 (29%)
- Lots & land 8 (16%)
- Townhomes 6 (12%)
- Multi-family 4 (8%)
- Other 1 (2%)
By budget
How today's asking prices spread out.
- Under $400K 15
- $400K–$600K 22
- $600K–$800K 6
- $800K–$1.2M 4
- $1.2M and up 4
Investment properties by neighborhood
Closed sales over the last 24 months, plus what's listed today. Click a name for that neighborhood's page.
-
- Sold (24 mo)
- 6
- Median sale
- $491,000
- Typical size
- 2,094 sq ft
- Built
- 2019
- HOA / mo
- $200
- For sale now
- 1 · $499,730
-
- Sold (24 mo)
- 4
- Median sale
- —
- Typical size
- 845 sq ft
- Built
- 2021
- HOA / mo
- $172
- For sale now
- 5 · $259,750–$274,900
-
- Sold (24 mo)
- 4
- Median sale
- —
- Typical size
- 2,428 sq ft
- Built
- 1973
- HOA / mo
- —
- For sale now
- 1 · $679,900
-
- Sold (24 mo)
- 4
- Median sale
- —
- Typical size
- 1,017 sq ft
- Built
- 1998
- HOA / mo
- $250
- For sale now
- 0
-
- Sold (24 mo)
- 4
- Median sale
- —
- Typical size
- 4,192 sq ft
- Built
- 1965
- HOA / mo
- —
- For sale now
- 0
-
- Sold (24 mo)
- 3
- Median sale
- —
- Typical size
- 2,045 sq ft
- Built
- 2019
- HOA / mo
- $265
- For sale now
- 2 · $469,900–$474,000
-
- Sold (24 mo)
- 3
- Median sale
- —
- Typical size
- 780 sq ft
- Built
- 2017
- HOA / mo
- $138
- For sale now
- 1 · $269,500
-
- Sold (24 mo)
- 3
- Median sale
- —
- Typical size
- 1,045 sq ft
- Built
- 1999
- HOA / mo
- $210
- For sale now
- 1 · $254,999
-
- Sold (24 mo)
- 3
- Median sale
- —
- Typical size
- 1,521 sq ft
- Built
- 1974
- HOA / mo
- $185
- For sale now
- 0
-
- Sold (24 mo)
- 2
- Median sale
- —
- Typical size
- 2,220 sq ft
- Built
- 1983
- HOA / mo
- —
- For sale now
- 1 · $414,900
-
- Sold (24 mo)
- 2
- Median sale
- —
- Typical size
- 1,951 sq ft
- Built
- 1975
- HOA / mo
- $225
- For sale now
- 1 · $278,000
-
- Sold (24 mo)
- 2
- Median sale
- —
- Typical size
- 1,435 sq ft
- Built
- 2007
- HOA / mo
- $300
- For sale now
- 1 · $325,000
-
- Sold (24 mo)
- 1
- Median sale
- —
- Typical size
- 1,010 sq ft
- Built
- 1997
- HOA / mo
- $240
- For sale now
- 1 · $295,000
-
- Sold (24 mo)
- 1
- Median sale
- —
- Typical size
- 3,115 sq ft
- Built
- 2025
- HOA / mo
- —
- For sale now
- 1 · $789,900
-
- Sold (24 mo)
- 1
- Median sale
- —
- Typical size
- 2,340 sq ft
- Built
- 1964
- HOA / mo
- —
- For sale now
- 1 · $559,850
Median sale is shown only where at least 5 homes sold. HOA dues are the median monthly fee (yearly dues divided by 12) and can change, so confirm the amount and what it covers with the association. "Built" is the median year built.
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Common questions
About investment properties in Orem.
Can I Airbnb my Orem home? ▾
Not under current Orem city code, which bars short-term stays. The city council has been drafting rules, so check with the city before you buy for that purpose.