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Utah · statewide
Investment Properties for Sale in Utah
These are Utah listings marketed to investors: multi-unit buildings, plus properties whose descriptions mention rental income, cap rates or investment potential. There are 3,088 right now, with a median asking price of $525,000. The most are in Salt Lake City, St. George and Park City.
Prices vary widely by market, so compare cities side by side: Ogden and Cedar City for lower entry prices, or a resort town like Garden City on Bear Lake if you plan nightly rentals and the zoning allows them. Compare Utah multi-family homes, vacation rentals and fixer-uppers.
3,087 for sale in Utah · page 4 of 10
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Utah MLS data · updated Oct 22, 2026
Utah investment properties by the numbers
Today's listings plus closed sales recorded in the MLS, each home counted once. Medians, not averages, so one outlier can't skew them.
- For sale now
- 3,088
- median ask $525,000
- Median sale, last 12 mo
- $470,000
- 3,984 sold · -1.1% vs prior year
- Price per sq ft
- $236
- median of closed sales · typical 2,035 sq ft
- Days on market
- 37 days
- median, listing to contract · 98.7% of list
Where they are: by city
| City | For sale | Median ask | Sold, 12 mo | Median sale |
|---|---|---|---|---|
| Salt Lake City | 210 | $725,000 | 342 | $586,000 |
| St. George | 166 | $428,000 | 227 | $381,000 |
| Park City | 163 | $899,000 | 153 | $1,125,000 |
| Provo | 88 | $525,000 | 194 | $440,000 |
| Ogden | 104 | $397,000 | 150 | $351,000 |
| Hurricane | 131 | $410,000 | 84 | $445,000 |
| Cedar City | 95 | $360,000 | 116 | $315,000 |
| West Valley City | 58 | $528,000 | 117 | $460,000 |
| Orem | 46 | $465,000 | 128 | $488,000 |
| Garden City | 138 | $497,000 | 33 | $617,000 |
| Washington | 77 | $500,000 | 87 | $470,000 |
| Heber City | 61 | $915,000 | 71 | $842,000 |
| Logan | 45 | $440,000 | 76 | $378,000 |
| Sandy | 31 | $700,000 | 70 | $574,000 |
| Eagle Mountain | 36 | $642,000 | 57 | $595,000 |
| Lehi | 26 | $533,000 | 65 | $519,000 |
| Moab | 73 | $575,000 | 16 | $459,000 |
| Santaquin | 23 | $520,000 | 66 | $321,000 |
| Millcreek | 35 | $660,000 | 52 | $590,000 |
| Spanish Fork | 32 | $562,000 | 52 | $488,000 |
By county
| County | For sale | Median ask |
|---|---|---|
| Salt Lake County | 541 | $650,000 |
| Utah County | 400 | $585,000 |
| Washington County | 457 | $495,000 |
| Weber County | 227 | $460,000 |
| Summit County | 192 | $945,000 |
| Iron County | 164 | $300,000 |
| Davis County | 109 | $540,000 |
| Wasatch County | 119 | $815,000 |
| Cache County | 87 | $550,000 |
| Rich County | 143 | $499,000 |
| Tooele County | 55 | $495,000 |
| Sanpete County | 54 | $278,000 |
Sale medians need at least 5 closings; thinner rows show a dash. Listing data from the Utah MLS, deemed reliable but not guaranteed.
Common questions
About investment properties in Utah.
Is Utah a good place to own rental property? ▾
Utah's laws are landlord-friendly in one key way: Utah Code 57-20-1 bars cities, towns and counties from passing rent control. Returns still depend on price, rent and property taxes in the specific city.
How are rental properties taxed in Utah? ▾
Utah's 45% residential exemption applies to a primary residence, including a home rented long-term to a tenant who lives there as their primary residence. Second homes and nightly rentals don't qualify and are taxed on full market value.
How much do investment properties cost in Utah? ▾
The median asking price is $525,000 right now. Over the last 12 months, these properties sold for a median of $470,000, about $236 per square foot.
Can I rent out a basement apartment in Utah? ▾
Often, if you live in the home. Utah law makes an internal accessory dwelling unit inside an owner-occupied home a permitted use in single-family zones, with limited exceptions. It can't be rented for less than 30 days, and cities may add rules such as parking.
How fast do investment properties sell in Utah? ▾
Over the last 12 months, they took a median of 37 days to go under contract and closed at 98.7% of their final list price.