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Investment Properties for Sale in Riverton, Utah
Riverton sits in the southwest corner of Salt Lake County, a master-planned suburb that's grown from a quiet farming town into one of the Wasatch Front's steadier rental markets. For investors, the appeal is straightforward: Jordan School District feeds families into the area, Mountain View Corridor and Bangerter Highway put tenants 25 minutes from downtown Salt Lake and 20 minutes from the Silicon Slopes job centers in Lehi, and Riverton Hospital plus the surrounding medical campus generate consistent demand from healthcare professionals. Most of the housing stock is single-family homes built between 1995 and 2015, with newer townhome and twin-home communities filling in along the west side of town. Rents on a typical 3-4 bedroom Riverton home currently run $2,400 to $3,200 per month.
Cash flow here is tighter than in cheaper Utah markets — entry prices generally start in the high $500s for a rentable single-family home — but appreciation has been strong and tenant quality tends to be high, with longer average tenancies than you'd see in transient downtown rentals. Investors should also know Riverton's short-term rental rules are strict, so the playbook is almost always long-term leases rather than nightly stays. Property tax also jumps significantly on non-owner-occupied homes under Utah's primary residence exemption rules, which matters for underwriting. Browse the active investment-friendly listings below to see what's currently on the market in Riverton.
May 2026 · Riverton market
Live from the Utah MLS — what's actually happening in Riverton right now.
Median sale
$645,000
27 closed in May 2026
Median DOM
13 days
listing → contract
Sale-to-list
98.4%
of final list price
Unsold inventory
118
active + pending
14 matching · page 1 of 1
Active listings
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Common questions
About investment properties in Riverton.
What kind of rental demand does Riverton see? ▾
Riverton draws a steady mix of families relocating for jobs along the Silicon Slopes corridor, healthcare workers at Riverton Hospital, and households priced out of Draper or South Jordan who still want top-rated Jordan District schools. Single-family rentals in the $2,400-$3,200/month range tend to lease quickly, especially homes with fenced yards and three-car garages.
Are short-term rentals allowed in Riverton? ▾
Riverton's city code is restrictive on short-term rentals — STRs under 30 days generally aren't permitted in residential zones without a conditional use permit, and enforcement has tightened in recent years. Most investors here run traditional 12-month leases rather than Airbnb-style operations. Always confirm current ordinances with Riverton City before closing.
What price range should I expect for an investment-grade single-family home? ▾
Most rental-viable single-family homes in Riverton trade between roughly $550,000 and $750,000, with newer builds west of Mountain View Corridor and older Riverton Bench homes near 13400 South anchoring the lower end. Townhomes and twin homes occasionally come in under $500,000 and pencil better on cash flow.
Does Riverton have multi-family or duplex inventory? ▾
True duplexes and small multi-family are rare in Riverton — the city is overwhelmingly single-family by design. Investors looking for 2-4 unit properties usually have to look at neighboring West Jordan or Midvale. What Riverton does offer is newer townhome communities that work well as buy-and-hold rentals.
What's the property tax picture for non-owner-occupied homes? ▾
Utah taxes non-primary residences at 100% of assessed value versus 55% for owner-occupied, so an investment property's annual tax bill is meaningfully higher. On a $650,000 Riverton rental, expect roughly $4,500-$5,500/year in property tax depending on the specific tax district.
How long do well-priced rentals typically stay vacant? ▾
Quality single-family rentals in Riverton usually lease within 2-4 weeks during spring and summer, and 4-8 weeks in the slower November-January window. Proximity to Bangerter Highway, Mountain View Corridor, and the FrontRunner station in Draper helps cut vacancy time.