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Multi-Family Homes for Sale in Moab, Utah
Multi-family inventory in Moab is genuinely scarce, which is part of why investors keep an eye on it. The town sits at roughly 5,000 residents with a year-round economy built around Arches and Canyonlands tourism, the hospital, Moab Regional Airport, and a steady base of federal land-management employees. That mix creates real long-term rental demand from hospitality workers, river and jeep guides, NPS and BLM staff, and teachers — most of whom struggle to find housing during the March-through-October busy season. Duplexes, triplexes, and small fourplex buildings show up most often near the downtown grid off 400 East, along Mill Creek Drive, and out into Spanish Valley toward the Grand/San Juan county line.
Before writing an offer, dig into Moab's short-term rental rules. Grand County and the City of Moab have layered overlay zones that restrict new nightly rentals, so most residential multi-family parcels are limited to 30-day-plus tenancies — which is fine for cash flow but very different from the nightly-rental math investors run in St. George or Park City. Property taxes are reasonable, insurance is straightforward (no wildfire surcharge issues like the high country), and the residential rental market tends to stay tight year-round. Salt Lake International is about a four-hour drive north, and Grand Junction is closer at roughly two hours. Browse the active listings below to see what's currently on the market, and reach out if you want rent rolls or zoning verification on a specific address.
May 2026 · Moab market
Live from the Utah MLS — what's actually happening in Moab right now.
Median sale
$645,000
10 closed in May 2026
Median DOM
55 days
listing → contract
Sale-to-list
96.9%
of final list price
Unsold inventory
138
active + pending
11 matching · page 1 of 1
Active listings
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Common questions
About multi-family homes in Moab.
What counts as a multi-family property in Moab? ▾
On the Moab MLS, multi-family typically means duplexes, triplexes, fourplexes, and small apartment buildings on a single deed. Anything five units or larger usually shifts into commercial financing territory. You'll also see a handful of single-family homes with legal accessory dwelling units that some agents tag as multi-family even though they technically aren't.
Can I rent these units as nightly vacation rentals? ▾
Usually no. Grand County and the City of Moab have tight overlay zones that restrict new short-term rentals, and most residential multi-family parcels sit outside those zones. Long-term rentals (30+ days) are allowed almost everywhere. If a listing claims nightly-rental rights, ask for the active business license and the zoning verification before you write an offer.
Who rents long-term in Moab? ▾
The tenant pool is mostly hospitality workers, National Park Service and BLM employees, Moab Regional Hospital staff, teachers, and river/jeep guides. Demand is strongest March through October and tightens noticeably during peak tourism months when seasonal workers arrive. Workforce housing is genuinely scarce, which is why landlord vacancy rates stay low.
What price range should I expect for a duplex or fourplex here? ▾
Duplexes in town generally run from the mid $500s into the $800s depending on condition and lot. Fourplexes and small apartment buildings, when they come up, often list from the high $800s to well over $1.5M. Inventory is thin — sometimes only a handful of true multi-family parcels are active on the MLS at any given time.
How does financing work on a 2-4 unit property in Moab? ▾
Two-to-four-unit buildings still qualify for residential conventional, FHA, and VA loans if you'll occupy one unit, which is the cheapest way in. Pure investment purchases need 20-25% down on conventional loans, and lenders will count a portion of projected rents toward your DTI. Five units and up means a commercial loan with shorter amortization and a higher rate.
Is water or septic going to be an issue? ▾
Most in-town multi-family properties are on city water and sewer, which is the simpler scenario. Properties on the Spanish Valley side or further out toward Pack Creek may be on wells and septic, and septic systems sized for multiple units deserve a careful inspection. Water rights questions come up more on larger parcels — your title company can pull the record.