25 photos

Owner finance

$575,000

385 W 700 N

Orem, UT 84057

Beds6

Baths2

Sq ft2,024

Year built1973

Rent estimate$1,496/mo

Listed by

Bradley Byington, Skyline Real Estate Group · (385) 799-1169

What the listing says

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.

See the original listing ↗

This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Multi-Family

Lot Size

8,276.4 sq ft

HOA

None

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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. The listing for this Orem, UT home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this Orem home?

There is no standard down payment. The seller of this Orem home sets their own, and it is negotiable. Ask the seller or their agent.