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Investment Properties for Sale in Ophir, Utah
Ophir is a tiny former silver-mining town tucked into Ophir Canyon on the east side of the Oquirrh Mountains, about 45 minutes southwest of Salt Lake City and 15 minutes off I-80 near Tooele. The year-round population sits around 40 people, the town is roughly half a square mile, and most of the surrounding land is BLM or Forest Service — which means inventory is thin, turnover is slow, and any property that hits the MLS draws attention from a specific kind of investor. People buying here are usually targeting one of three plays: a short-term rental cabin aimed at weekenders, hikers, and ATV riders coming for the Pony Express Trail and Oquirrh backcountry; a long-hold land or cabin position betting on Tooele County growth pushing west; or a personal-use recreational property that pays part of its keep through occasional rental.
Numbers matter here. Cabins and small homes in Ophir have traded anywhere from the high $100s for rough fixers up past $500K for renovated cabins on larger lots with water rights. Winters bring real snow and the canyon road can get tight, so STR occupancy skews heavily to May through October. Tooele County allows nightly rentals in many cases, but Ophir Town itself is incorporated and has its own ordinances worth checking before you underwrite a deal. Septic, well or shared spring water, and power access vary lot by lot — diligence on utilities is more important here than in most Wasatch Front markets. Browse the active listings below to see what Ophir currently has on the market.
December 2024 · Ophir market
Live from the Utah MLS — what's actually happening in Ophir right now.
Median sale
$415,000
2 closed in December 2024
Median DOM
46 days
listing → contract
Sale-to-list
92.4%
of final list price
Unsold inventory
—
active + pending
1 matching · page 1 of 1
Active listings
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Common questions
About investment properties in Ophir.
What kind of investment returns are realistic for a short-term rental in Ophir? ▾
Most cabin STRs in the Ophir/Stockton/Tooele canyon area run 90-150 nights a year with strong summer and fall weekends and quiet midweeks. Nightly rates typically land between $150 and $300 depending on size and finish. Gross annual revenue in the $25K-$45K range is common for a well-managed 2-3 bedroom cabin.
Does Ophir Town allow short-term rentals? ▾
Ophir is an incorporated town with its own municipal code, so STR rules are not automatically the same as unincorporated Tooele County. Some properties operate as nightly rentals today, but you should confirm current ordinances and any permitting requirements with the town clerk before closing on a property you plan to rent.
How many investment properties are usually for sale in Ophir at one time? ▾
Very few. Ophir's total housing stock is small, so it's common to see zero to three active listings at any given moment. Setting up MLS alerts and being ready to move quickly when something lists is the practical approach in this market.
What should I check on utilities and access before buying? ▾
Verify water source (private well, shared spring, or hauled), septic condition and capacity, power service to the structure, and year-round road access. The canyon road sees plowing but private spurs may not, which affects winter rentability and insurance.
Is Ophir a good land-banking play? ▾
It can be, but liquidity is the trade-off. Tooele County is growing fast on the Tooele Valley side, and the Oquirrhs are increasingly attractive for recreation, but Ophir itself is land-constrained by surrounding federal ground. Holding periods of 7-10 years are reasonable to underwrite.
Can I finance an Ophir cabin with a conventional loan? ▾
Sometimes, but rural cabins often run into appraisal and comparable-sales issues, and properties without year-round road access or conventional water and septic can fall outside Fannie and Freddie guidelines. Local Utah lenders and portfolio products are usually a better fit than big-box mortgage shops.