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Investment Properties for Sale in Fillmore, Utah
Fillmore sits on I-15 almost exactly halfway between Las Vegas and Salt Lake City, which keeps a steady stream of travelers, truckers, and hunters moving through Millard County year-round. That location, combined with the town's role as the county seat and home to Fillmore Community Medical Center and several state offices, gives investors a small but consistent pool of renters — hospital staff, teachers, highway workers, and seasonal hunters chasing deer and elk in the surrounding hills each fall. Home prices here remain well below the Wasatch Front, with many single-family rentals and older duplexes trading in the $180,000-$280,000 range, which keeps cap rates workable even at current rates.
Investors typically look at three property types in Fillmore: older single-family homes near Main Street that rent to local workers, small multi-unit properties from the 1960s-80s that need updating but cash flow from day one, and land or cabins pulling in hunting-season income. Because the town is small, inventory turns over slowly, so a property priced right rarely sits long once it hits the MLS. Property taxes and insurance costs stay modest compared to St. George or Park City, which matters when running the numbers on a rental. Browse the active listings below to see what's currently on the market.
August 2026 · Fillmore market
Live from the Utah MLS — what's actually happening in Fillmore right now.
Median sale
$274,500
4 closed in August 2026
Median DOM
—
listing → contract
Sale-to-list
98.2%
of final list price
Unsold inventory
22
active + pending
16 matching · page 1 of 1
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Common questions
About investment properties in Fillmore.
What kind of rental demand does Fillmore actually have? ▾
Fillmore's rental pool is small but steady. Demand comes from Millard County employees, teachers at Millard High and the SUU satellite programs, IPP power plant workers in nearby Delta, and travelers needing mid-term housing along the I-15 corridor. Long-term single-family rentals tend to lease faster than multi-unit properties because there isn't much new construction adding supply.
Are short-term rentals (Airbnb/VRBO) viable in Fillmore? ▾
They can work, but the numbers are modest compared to St. George or Moab. The main demand drivers are I-15 travelers stopping between Salt Lake and Las Vegas, hunters during deer and elk seasons, and visitors to Territorial Statehouse State Park and Fishlake National Forest. Check with Fillmore City directly on permitting before buying with STR income in mind.
What price range should I expect for an investment-grade property? ▾
Most rentable single-family homes in Fillmore trade in the $250K–$400K range, with older homes on larger lots sometimes coming in lower. Small multi-family is rare on the MLS, so investors often buy SFRs or homes with basement apartment potential. Cap rates here tend to beat the Wasatch Front simply because purchase prices are lower.
What are typical rents in Fillmore? ▾
Three-bedroom single-family rentals generally run roughly $1,300–$1,800 a month depending on condition, garage, and acreage. Basement apartments and smaller units typically land in the $700–$1,100 range. Rents have climbed alongside the rest of rural Utah but remain well below Utah County and Washington County comps.
Is buy-and-hold or land banking the better play here? ▾
Both have merit. Buy-and-hold cash-flows better than along the Wasatch Front because of the entry price, while raw land and acreage parcels around Fillmore have appreciated as I-15 frontage and agricultural ground get scarcer. Investors with a longer horizon sometimes pair a rental house with an adjacent lot or pasture.
How does property management work in a town this size? ▾
There are no large property management firms based in Fillmore itself. Most out-of-area owners either self-manage with a local handyman on call or hire a manager out of Richfield, Nephi, or Provo who covers the I-15 corridor. Factor 8%–10% of gross rent into your pro forma if you plan to delegate.