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Hyde Park, Utah

Investment Properties for Sale in Hyde Park, Utah

Hyde Park sits just north of Logan in Cache Valley, a small bedroom community of roughly 5,000 residents that's grown steadily as Utah State University, Space Dynamics Lab, and ICON Health & Fitness keep pulling workers into the area. For investors, that demand profile matters: rental vacancy in the Logan metro has historically run tight, and Hyde Park's quieter streets and proximity to USU (about 10 minutes south) make single-family rentals attractive to grad students, young faculty, and families priced out of Logan proper. Median home prices here typically run a notch above Smithfield and a notch below North Logan, with most of the housing stock being newer single-family builds on larger lots — though you'll still find older homes along Main Street and pockets of land with ADU or basement-apartment potential.

Cash flow in Hyde Park works differently than it does along the Wasatch Front. Property taxes are low (Cache County sits among the cheapest in the state), but rents are also lower than Salt Lake or Utah County, so investors usually underwrite for modest monthly cash flow plus steady appreciation tied to USU enrollment and Cache Valley's manufacturing base. Long-term rentals dominate — Hyde Park does not have the tourist traffic to support short-term vacation rentals the way Logan Canyon-adjacent properties might, and the city's residential zoning is fairly traditional. Multi-family inventory is thin, so most investor activity centers on single-family homes, duplexes when they come up, and lots suitable for build-to-rent. Browse the active listings below to see what's currently on the market in Hyde Park.

May 2026 · Hyde Park market

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

Full Hyde Park market report
Median sale
$567,400
8 closed in May 2026
Median DOM
52 days
listing → contract
Sale-to-list
96.4%
of final list price
Unsold inventory
40
active + pending

5 matching · page 1 of 1

Active listings

Common questions

About investment properties in Hyde Park.

What types of investment properties are typically available in Hyde Park?

Inventory leans heavily toward single-family homes, with the occasional duplex, building lot, or older home with a walk-out basement that can be converted into a legal accessory unit. True multi-family buildings are rare in Hyde Park — investors looking for 4-plexes and larger usually have to shop in Logan or North Logan.

What kind of rents can a single-family home in Hyde Park command?

A typical 3-bed, 2-bath single-family home in Hyde Park rents in the $1,800–$2,400 range depending on age, finishes, and whether it has a finished basement. Homes with a separate basement apartment can stack rents higher, which is why investors specifically hunt for that floor plan.

Is short-term rental (Airbnb) a viable strategy here?

Generally no. Hyde Park is residential and doesn't draw the tourist traffic that Logan Canyon, Bear Lake, or Park City do, and the city's zoning isn't friendly to nightly rentals in standard neighborhoods. Investors who want STR exposure in Cache Valley usually look closer to Logan Canyon or Bear Lake instead.

How does USU affect rental demand in Hyde Park?

Utah State drives a significant share of rental demand throughout Cache Valley. Hyde Park itself is too far north for undergraduate student housing, but it pulls in grad students, faculty, and university staff who want quieter neighborhoods and easy commutes down Highway 91 to campus.

What are property taxes like for investment properties in Hyde Park?

Cache County has some of the lower effective property tax rates in Utah. Keep in mind that non-owner-occupied properties don't get the primary residence exemption, so your taxable value is assessed at 100% rather than 55% — that's the single biggest line-item difference between owning to live in versus owning to rent.

Are there ADU or basement-apartment opportunities in Hyde Park?

Hyde Park does allow internal accessory dwelling units under specific conditions, and many of the larger homes built in the 2000s and 2010s have basements that lend themselves to a legal conversion. Confirm setbacks, parking, and owner-occupancy requirements with Hyde Park City before you underwrite a deal around ADU income.