Orem — W 640 N

About this deal

Orem 3/2 rambler at $375K — 2,019 sqft with a separate basement entrance and M-I-L potential on a cul-de-sac — against a $540K MLS-verified ARV. Occupied; assignable contract, buyer pays both sides of closing.

Three-bed, two-bath 1978 rambler on W 640 N in Orem — 2,019 square feet on a 0.20-acre cul-de-sac lot with covered parking, a separate basement entrance, and plumbing already staged for a mother-in-law or salon conversion. The ARV is anchored to three recent Orem solds in the immediate submarket, and the asking price leaves room for an investor who can finish the basement into a second rentable unit. The caveat is the conversion itself — it's potential, not permitted — so the upside rests on the basement build-out clearing Orem's ADU rules.

Red Valley Real Estate presents every deal in the same format — asking price, ARV, and projected rent — so you can compare opportunities side by side. The ARV we show is our OWN conservative comp-based estimate, not the wholesaler's number: we comp every deal independently and lean to the low end, then show the wholesaler's claim beside ours so you can see the gap. We only publish an ARV once our licensed agents have confirmed it against MLS sold comps — until then it reads "Pending MLS verification." We don't publish rehab numbers we can't stand behind: where you see a rehab range, it comes from our review of the property photos, and you can test your own assumptions with the calculators below or ask us to arrange a contractor walkthrough.