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Multi-Family Homes for Sale in Evanston, Utah
Evanston sits about 65 miles east of Salt Lake City on I-80, close enough for a Wasatch Front commute but priced like the Wyoming town it is. Multi-family properties here run from older duplexes near the historic downtown and Front Street to newer twin homes and fourplexes in the Bear River and Sage Creek subdivisions. Union Pacific, the Wyoming state government offices, and steady overflow demand from Utah's Summit County job market (Park City is under an hour away) keep rental units filled, which is the main reason investors and house-hackers watch this market closely. No Wyoming state income tax adds to the appeal for landlords running the numbers. Winters are long and cold here — this is high desert at over 6,700 feet, with snow on the ground from November into March — so buyers should factor in furnace age, roof pitch, and snow-load maintenance on any duplex or triplex before writing an offer. Many of the older multi-family buildings near downtown were converted from single-family homes decades ago, which means updated electrical and separate utility metering vary a lot from property to property and are worth confirming early. Newer construction on the west side of town tends to have individually metered units and better insulation for the climate. Browse the active multi-family listings below to see what's currently on the market in Evanston.
July 2026 · Evanston market
Live from the Utah MLS — what's actually happening in Evanston right now.
Median sale
$1,000,101
1 closed in July 2026
Median DOM
291 days
listing → contract
Sale-to-list
87.1%
of final list price
Unsold inventory
1
active + pending
1 matching · page 1 of 1
Active listings
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Common questions
About multi-family homes in Evanston.
Wait — isn't Evanston in Wyoming, not Utah? ▾
Correct, Evanston is technically just over the state line in Uinta County, Wyoming, about 80 miles east of Salt Lake City via I-80. It shows up in Utah MLS searches because many Utah buyers — especially from Summit County and the Salt Lake area — shop there for cheaper real estate, lower taxes, and no state income tax. Multi-family listings here are often marketed to Utah investors for that reason.
What kinds of multi-family properties are typical in Evanston? ▾
The inventory leans toward older duplexes and small fourplexes built between the 1900s and 1980s, concentrated near the downtown grid south of Bear River and along Front Street. You'll also see converted Victorians chopped into two or three units, plus a handful of newer purpose-built duplexes on the north side near the hospital and Uinta County School District facilities.
What kind of rents and cap rates can investors expect? ▾
Two-bedroom units in Evanston typically rent in the $800–$1,200 range depending on condition and location, with one-bedrooms closer to $650–$850. Because purchase prices are well below comparable Wasatch Front multi-family, cap rates in the 7–9% range are still achievable here — something that's been nearly impossible in Salt Lake or Utah County for several years.
Who rents in Evanston? ▾
The tenant base is a mix of energy and trona-mining workers, BNSF and Union Pacific rail employees, Evanston Regional Hospital staff, and service workers tied to I-80 truck traffic and tourism heading to the Uintas. Turnover can be tied to oil and gas cycles, so screening for stable employment matters more here than in a diversified metro.
How does the climate affect multi-family ownership here? ▾
Evanston sits at about 6,750 feet, so winters are long and cold — sub-zero stretches in January aren't unusual, and the heating season runs roughly October through April. Budget for higher gas bills, frozen-pipe risk in older units, and snow removal. Roof condition, insulation, and furnace age should be top of your inspection list on any duplex or fourplex here.
Can a Utah agent help me buy property in Evanston? ▾
Our brokerage works with buyers looking across the Utah–Wyoming line regularly, and we coordinate with licensed Wyoming agents when a transaction crosses state lines. Financing, title, and closing procedures differ slightly from Utah, so working with someone who has done the trip before saves headaches.