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Multi-Family Homes for Sale in Richmond, Utah
Richmond sits at the north end of Cache Valley, about ten minutes from Logan and a straight shot down Highway 91 into Idaho. It's a small farming town — under 3,000 people — so the multi-family inventory here looks different than what you'd find in Logan proper. Expect duplexes and the occasional triplex built on larger lots, some converted from older farmhouses, rather than purpose-built apartment complexes. Many of these properties sit on quarter-acre-plus parcels with room for a shop, garden space, or animal rights left over from the town's agricultural roots, which matters if you're comparing Richmond to tighter in-town lots in Logan or Smithfield.
Buyers here tend to fall into two camps: Cache Valley locals wanting a house-hack situation near Utah State University's satellite programs and the Richmond area's dairy and farm employers, or investors drawn by rents that undercut Logan while still pulling tenants who want small-town quiet and a shorter commute than Preston or Cornish offers. Winters are cold and snowy — plan on a furnace inspection and check the roof pitch on anything with flat sections. Because Richmond's total housing stock is small, multi-family listings turn over infrequently and a new one on the market is worth a serious look rather than a wait-and-see. Browse the active listings below to see what's currently on the market.
June 2026 · Richmond market
Live from the Utah MLS — what's actually happening in Richmond right now.
Median sale
$427,000
3 closed in June 2026
Median DOM
396 days
listing → contract
Sale-to-list
97.9%
of final list price
Unsold inventory
9
active + pending
1 matching · page 1 of 1
Active listings
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Common questions
About multi-family homes in Richmond.
How many multi-family listings are typically available in Richmond at once? ▾
Very few — often just one or two active at a given time, since Richmond's total housing stock is small compared to Logan or Smithfield. When a duplex or triplex comes up, it tends to be an older conversion rather than new construction, so expect to move quickly if the property and price both work for you.
What kind of multi-family properties does Richmond actually have? ▾
Mostly duplexes, plus a handful of older homes split into two or three units, often on larger lots with a barn, shop, or extra acreage left from the town's farming history. Purpose-built triplexes or fourplexes are rare here; you're more likely to find a converted single-family home.
Are rents in Richmond high enough to cash flow compared to Logan? ▾
Rents in Richmond typically run below Logan and Smithfield, but so do purchase prices, so the math can still work for an investor willing to hold long-term. Tenant demand comes largely from local dairy and agriculture employers plus commuters to Logan or Preston, Idaho, rather than a large student population.
Do I need to worry about well water or septic systems on Richmond multi-family properties? ▾
Some older properties on the edge of town still run on private well and septic rather than city hookups, especially those on larger acreage. Always confirm utility connections early with the listing agent and budget for a septic inspection if the property isn't tied into Richmond City services.
How far is Richmond from Utah State University and Logan's job market? ▾
Richmond is about 15 miles north of Logan, roughly a 20-minute drive down Highway 91, which makes it commutable for USU staff, students with a car, and Logan-based workers who want lower prices and a quieter setting. It's also close to the Idaho border, pulling some cross-border rental interest from Preston.
What should I check on an older Richmond duplex before making an offer? ▾
Given the age of much of Richmond's converted housing stock, get a clear look at the roof, furnace age, and electrical panel capacity for two-unit service, plus verify each unit has separate or properly documented utility metering. Cold Cache Valley winters are hard on aging heating systems, so a home inspection focused on that is money well spent.