bds
|
ba
|
sqft
ac lot
|
car garage
|
|
Investment Properties for Sale in Enterprise, Utah
[{"type":"text","text":"
Enterprise sits on the high desert plateau at about 5,300 feet elevation, roughly 40 miles northwest of St. George and just south of the Hamblin Valley ranch country. It's a working agricultural town — alfalfa fields, cattle, and the Enterprise Reservoir define the landscape more than subdivisions do — and that rural character is exactly what makes it interesting to investors. Entry prices run well below Washington County's coastal-feeling resort markets, lot sizes are larger, and zoning is friendlier to outbuildings, livestock, and ADUs than what you'll see in St. George or Washington City. For buyers building a long-term rental portfolio, the math here often works better on a per-door basis than properties closer to I-15.
Tenant demand is steady rather than explosive. Renters tend to be families tied to local ranching and trades, employees at the Enterprise schools, and remote workers who want acreage without paying Dixie Springs prices. Summers are mild compared to St. George (highs in the upper 80s instead of 105), winters bring real snow, and the night skies are dark enough that some owners market properties to astronomy-minded short-term guests. Water rights, septic systems, and culinary connections all matter more here than in town markets, so due diligence is heavier than a typical suburban flip. Browse the active listings below to see what's currently on the market.
"}]May 2026 · Enterprise market
Live from the Utah MLS — what's actually happening in Enterprise right now.
Median sale
$365,800
1 closed in May 2026
Median DOM
97 days
listing → contract
Sale-to-list
100.2%
of final list price
Unsold inventory
22
active + pending
5 matching · page 1 of 1
Active listings
Prefer the map?
See all 5 investment properties on a map
Pan around Enterprise and refine by drawing your own boundary.
Common questions
About investment properties in Enterprise.
What kinds of investment properties actually exist in Enterprise? ▾
Most of the inventory is single-family homes on larger lots, older farmhouses on acreage, and the occasional duplex or small multi-unit near the town center. You'll also see raw land and ag-zoned parcels that some investors hold for appreciation or build-to-rent strategies. Pure apartment complexes are rare — Enterprise has a population under 2,000, so the rental pool is small but steady.
Who rents in Enterprise? ▾
The rental base is a mix of agricultural workers, employees commuting to Cedar City or the St. George metro, schoolteachers at Enterprise High, and families priced out of Washington County. Turnover tends to be lower than in St. George because tenants who choose Enterprise usually want the quiet rural setting and stay put.
How do rent levels compare to St. George? ▾
Rents in Enterprise typically run 20–30% below comparable St. George properties. A three-bedroom single-family home that rents for $2,200–$2,500 in Washington Fields often rents closer to $1,500–$1,800 in Enterprise. Acquisition prices are lower too, so cash-on-cash returns can pencil out competitively for buy-and-hold investors.
Are short-term rentals allowed in Enterprise? ▾
Enterprise is more permissive than St. George or Springdale, but you should confirm current city ordinances and any HOA rules before underwriting an STR strategy. The town isn't a tourist destination on its own, though it draws hunters, Pine Valley visitors, and overflow travelers heading to Zion or the Mountain Meadows historic site.
What should I know about water rights on rural Enterprise parcels? ▾
Water is the single biggest due-diligence item out here. Many properties include shares in the Enterprise Reservoir or local irrigation companies, and those shares carry real value separate from the dirt. Verify share counts, transferability, and culinary connection status with the seller and the city before closing.
How far is Enterprise from the St. George job market? ▾
Enterprise sits about 40 miles northwest of St. George via SR-18, roughly a 45–55 minute drive. That commute is manageable for tenants working in St. George healthcare, construction, or trades, which is part of why long-term rental demand holds up even though the town itself is small.