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Farmington, Utah

Investment Properties for Sale in Farmington, Utah

Farmington sits in a tight spot along the Davis County bench, wedged between the Wasatch Mountains and Legacy Parkway, which is exactly why investors have circled it for the last decade. Station Park draws steady foot traffic and corporate tenants, Farmington Station gives commuters a FrontRunner stop into Salt Lake City in about 25 minutes, and the Davis School District boundary keeps family renters looking here over cheaper but less-established parts of the county. Add Lagoon as a year-round employer and tourist draw, and you get a rental market with more than one leg to stand on — not just students or not just families, but a mix that keeps vacancy low.

Housing stock here splits between older bench-area homes near Main Street built in the 1970s-90s, and newer construction in neighborhoods like Shepard Creek and Sunset Ridge Estates, some of it built specifically to rent. Single-family homes tend to run higher than a typical Utah cash-flow play, so most investors buying in Farmington are underwriting appreciation and long-term hold alongside rent, not pure cap rate — though duplexes and basement-apartment setups near the FrontRunner station change that math. Property taxes are moderate by Wasatch Front standards, and short-term rental rules are restrictive within city limits, so most activity here is traditional long-term leasing. Browse the active investment listings below to see what's currently on the market.

July 2026 · Farmington market

Live from the Utah MLS — what's actually happening in Farmington right now.

Full Farmington market report
Median sale
$627,450
12 closed in July 2026
Median DOM
14 days
listing → contract
Sale-to-list
97.8%
of final list price
Unsold inventory
90
active + pending

4 matching · page 1 of 1

Active listings

Common questions

About investment properties in Farmington.

Does Farmington allow short-term rentals like Airbnb?

Farmington City restricts short-term rentals (under 30 days) in most residential zones, and operators need a business license plus compliance with nuisance and parking rules. Long-term rentals (30+ days) are the standard play here. Always confirm the specific zone with Farmington City before writing an offer if STR income is part of your plan.

What kind of rents do single-family homes pull in Farmington?

A typical 3-bed/2-bath single-family rental in Farmington runs roughly $2,200-$2,800/month depending on age, garage, and finish level. Newer builds in Farmington Station and near Station Park push toward the top of that range. Townhomes generally rent in the $1,800-$2,400 band.

Are duplexes or small multifamily properties available here?

Inventory is limited. Farmington is zoned heavily for single-family and planned communities, so true duplexes and 4-plexes rarely come to market. Most investors here buy single-family homes, townhomes, or basement-apartment properties with a legal accessory dwelling unit.

What's driving rental demand in Farmington right now?

Lagoon, Station Park (1.2M sq ft of retail and offices), the FrontRunner commuter rail stop, and easy access to both Salt Lake and Hill Air Force Base in Layton. Davis School District is also a major draw for family renters. Vacancy times tend to be short — often under three weeks for well-priced homes.

Are basement apartments (ADUs) legal in Farmington?

Internal accessory dwelling units are allowed in many Farmington residential zones with a permit, owner-occupancy requirement, and parking standards met. Detached ADUs face tighter restrictions. Buying a home with an existing legal basement apartment is one of the more common cash-flow strategies in this city.

How do property taxes and HOA fees affect returns here?

Davis County property tax rates run around 0.55-0.65% of market value, lower than many states but worth modeling carefully. Newer Farmington subdivisions (Farmington Ranches, Oakridge, Shepard Farms) often carry HOAs in the $40-$120/month range. Factor both into your cap rate before pulling the trigger.