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Holladay, Utah

Investment Properties for Sale in Holladay, Utah

Holladay sits in one of the more stable corners of the Salt Lake Valley — a 15-minute drive to downtown, ten minutes to the mouth of Big Cottonwood Canyon, and inside the Skyline High boundary that drives a lot of family demand. For investors, that combination matters: tenants here tend to be physicians at Intermountain Medical Center, tech workers commuting to Cottonwood Corporate Center, and Salt Lake professionals who want a quieter suburb without giving up canyon access. Vacancy stays low, lease terms run long, and turnover costs are predictable. The trade-off is entry price. Most single-family rental candidates land between $700K and $1.5M, and true multi-unit buildings are scarce because Holladay's zoning leans heavily residential.

The strongest plays in Holladay tend to be long-term single-family rentals, mid-term furnished units aimed at relocating medical professionals, and scrape-or-renovate projects on the older ramblers near Holladay Village and along 4500 South. Short-term nightly rentals are heavily restricted by city ordinance, so the Airbnb model that works in Park City or Midway doesn't translate here. What does translate is appreciation — Holladay has tracked above the county average for the past decade, and rebuilt homes near Holladay Village regularly clear $2M. Browse the active listings below to see what's currently on the market, and reach out if you'd like rent comps or zoning details on a specific address.

May 2026 · Holladay market

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

Full Holladay market report
Median sale
$872,250
28 closed in May 2026
Median DOM
6 days
listing → contract
Sale-to-list
97.8%
of final list price
Unsold inventory
132
active + pending

9 matching · page 1 of 1

Active listings

Common questions

About investment properties in Holladay.

What types of investment properties are most common in Holladay?

Single-family rentals dominate Holladay's investment market, with most opportunities falling in the $700K–$1.5M range. You'll also see the occasional duplex along the older 4500 South and Highland Drive corridors, plus mid-century ramblers on quarter-acre lots that investors buy to renovate or rebuild. True multi-unit buildings are rare because most of the city is zoned R-1-8 or R-1-10.

What kind of rents do Holladay properties command?

A renovated 4-bedroom single-family home in Holladay typically rents between $3,200 and $4,500 per month, depending on proximity to Cottonwood Heights, school boundaries (Skyline High is a major driver), and finish level. Furnished short-term and corporate rentals near Big Cottonwood Canyon can pull more during ski season, though city ordinances restrict nightly rentals in residential zones.

Does Holladay allow short-term rentals?

Holladay City restricts short-term rentals under 30 days in most residential zones, and enforcement has tightened over the past few years. Investors focused on Airbnb-style cash flow usually look elsewhere — Park City, Midway, or unincorporated Salt Lake County. Holladay works better as a long-term or mid-term rental play tied to the medical and tech professionals who commute to Cottonwood Corporate Center and downtown SLC.

Why do investors target Holladay specifically?

Three reasons: appreciation, tenant quality, and location. Holladay sits 15 minutes from downtown Salt Lake, 25 from the airport, and at the mouth of two world-class ski canyons. Tenants tend to be established professionals, physicians from nearby Intermountain Medical Center, or families chasing Skyline High boundaries — which means longer leases and lower turnover than entry-level markets.

Are there fix-and-flip opportunities in Holladay?

Yes, particularly in the older neighborhoods south of Murray-Holladay Road and around Holladay Boulevard, where 1950s and 60s ramblers sit on large lots ripe for expansion or scrape-and-rebuild. Margins are tighter than in cheaper Salt Lake County submarkets, but resale ceilings are high — finished new builds regularly trade above $2M near Holladay Village.

What property taxes should an investor budget for?

Salt Lake County's primary residence tax rate gets a 45% exemption that does not apply to investment property, so non-owner-occupied homes pay roughly 1.8x the effective rate of an owner-occupied home. On a $900K rental in Holladay, expect annual property taxes in the $8,000–$10,000 range. Factor that into your cap rate math before writing offers.