Multi-Family Homes for Sale in Manti, Utah

Manti sits in the heart of Sanpete County, about two hours south of Salt Lake City off Highway 89, and it's one of the more interesting small-market plays for multi-family investors in central Utah. The town is anchored by the Manti Temple on the hill, Snow College fifteen minutes north in Ephraim, and a working agricultural economy built on turkey production, hay, and cattle. That Snow College proximity is the key piece for duplex and small multi-family buyers — student renters spill into Manti when Ephraim's rental market tightens, and rents have climbed steadily as enrollment has grown. You'll also find demand from teachers, hospital staff at Sanpete Valley Hospital, and families connected to the temple. Inventory tends to be older — converted Victorians, mid-century duplexes, and the occasional purpose-built fourplex — with price points well under what you'd pay along the Wasatch Front.

Climate matters here too: Manti sits at roughly 5,500 feet, so winters bring real snow and summers stay milder than St. George or even Provo, which keeps utility costs reasonable for tenants and reduces AC wear on units. Cap rates in Sanpete County have historically run higher than Utah County or Salt Lake, though appreciation is slower and tenant turnover follows the academic calendar. If you're underwriting a deal, pay attention to the age of mechanicals, water rights on larger parcels, and whether units are separately metered. Browse the active multi-family listings below, and reach out if you'd like rent comps or a closer look at any specific property.