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Holladay, Utah

Investment Properties for Sale in Holladay, Utah

Holladay sits in a tight spot for investors: close enough to downtown Salt Lake City (about 15 minutes) and the University of Utah to draw steady renter demand, but built out with mostly single-family lots that keep new supply limited. Streets like those around Holladay Village Square, Cottonwood Country Club, and the Olympus Cove foothills mix mid-century ramblers with newer builds, and many of the older ramblers on larger lots are exactly what investors target for rental income or teardown-rebuild plays. Zoning still allows a mother-in-law apartment or basement unit on plenty of lots, which is a real draw for buyers wanting a house-hack with a long-term tenant covering part of the mortgage. Median sale prices in Holladay run well above the Salt Lake County average, so this isn't a cash-flow-heavy market — most buyers here are playing for appreciation and quality tenants rather than high cap rates.

Renter demand skews toward young professionals and families who want Skyline or Olympus High School boundaries without Sugar House or Millcreek price tags, plus a growing number of Amazon, tech, and healthcare employees working along the I-215 corridor. Duplexes and legal accessory units are scarce enough that well-priced ones tend to move fast, so having financing ready matters more than in slower submarkets. Property taxes and HOA rules (where they exist, mostly in the newer townhome developments near 4500 South) are worth checking line by line before an offer. Browse the active listings below to see what's currently on the market in Holladay for rental and long-term hold opportunities.

July 2026 · Holladay market

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

Full Holladay market report
Median sale
$855,000
21 closed in July 2026
Median DOM
40 days
listing → contract
Sale-to-list
97.1%
of final list price
Unsold inventory
140
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.