bds
|
ba
|
sqft
ac lot
|
car garage
|
|
Multi-Family Homes for Sale in Evanston, Utah
Evanston sits just across the Wyoming border on I-80, roughly an hour and twenty minutes from downtown Salt Lake City and about forty minutes east of Park City. It lands in Utah MLS searches because so many buyers in Summit County and the Salt Lake Valley cross the line looking for what Wyoming offers: no state income tax, lower property taxes, and entry prices that haven't kept pace with the Wasatch Front. For multi-family buyers specifically, that price gap is the whole story. A duplex that would run $700K+ in Heber or Kamas can often be picked up in Evanston in the $250K–$400K range, and small fourplexes still trade under half a million when they come up.
The trade-offs are real and worth understanding before you write an offer. Evanston's economy leans on energy (oil, gas, trona mining at the nearby Solvay and Genesis operations), the railroad, the regional hospital, and I-80 truck and tourism traffic — so rental demand is steady but cyclical. The housing stock skews older, winters at 6,750 feet are genuinely cold, and the rental pool is smaller than what you'd work with in Ogden or Provo. That said, cash flow math here still pencils in a way it rarely does in Utah proper. Browse the active multi-family listings below to see what's currently on the market, and reach out if you'd like help comparing the numbers against a Utah-side property.
January 2026 · Evanston market
Live from the Utah MLS — what's actually happening in Evanston right now.
Median sale
$533,074
1 closed in January 2026
Median DOM
7 days
listing → contract
Sale-to-list
93.7%
of final list price
Unsold inventory
2
active + pending
1 matching · page 1 of 1
Active listings
Prefer the map?
See all 1 multi-family homes on a map
Pan around Evanston and refine by drawing your own boundary.
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.