385 W 700 N
Orem, UT 84057
6
Bedrooms
2
Bathrooms
2,024
Sq Ft
1973
Year Built
About This Property
Seller Financing Available on this Turn-Key Investment or House-hacking opportunity with strong rental history. New in the last four years: New roof (2026), Upgraded power (2026), New water heater (2025), New fence (2024), added central air conditioning (2022). High-traffic, convenient location in Orem near State Street, shopping, schools, UVU/BYU access, and commuter routes; easy to rent. This corner lot is large enough to add additional storage, parking, garage, or separate yard spaces. No HOA. Unit 385 is occupied with lease in place until June 2027 at $1550 per month. Unit 387 was recently vacated and was paying $1675 per month. Unit 387 can be shown and is being kept vacant for showings, creating an opportunity to live in one side and rent the other. No showings of Unit 385 until accepted contract. Do not disturb tenant. Buyer to verify all.
Property Details
Property Type
Multi-Family
Year Built
1973
HOA
None
Listed Price
$575,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Orem
What is owner financing for 385 W 700 N?
Owner financing means the seller of 385 W 700 N acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Orem, UT is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Orem home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Orem property.