Multi-Family Homes for Sale in Riverton, Utah

Usually a handful at most — often fewer than five active listings. Riverton was developed primarily as a single-family suburb, so duplexes and fourplexes are rare. Most months, single-family homes with legal basement apartments or ADUs outnumber true multi-family buildings on the MLS.

Yes. Under Utah's statewide internal ADU law (HB 82, effective October 2021), Riverton permits internal accessory dwelling units in owner-occupied single-family homes in most residential zones. The unit has to meet building and fire code, and the city requires registration. Detached ADUs (casitas, garage conversions) have stricter rules and aren't allowed by right everywhere.

Yes, and it's one of the more common strategies in Riverton given the price point. FHA allows up to 4 units with as little as 3.5% down if you occupy one unit as your primary residence, and VA allows 0% down for eligible borrowers. Projected rent from the other unit(s) can often be used to help you qualify.

As of recent data, a 2-bedroom basement apartment in Riverton typically rents in the $1,500–$1,900 range, and a 3-bedroom upstairs unit in a duplex can pull $2,200–$2,800 depending on finishes, garage access, and yard. Demand is consistent because of the Jordan School District boundaries and the commute to Lehi tech employers.

Pure cash flow is tough at full retail with current interest rates — most Riverton multi-family deals pencil out only with significant down payments or owner-occupancy. The play here is usually appreciation plus principal paydown, or house-hacking where the tenant rent dramatically reduces your effective housing cost rather than producing positive monthly income.

The older sections closer to 12600 South and Redwood Road have a few legacy duplexes. For homes with basement apartments, look at newer subdivisions south of 13400 South and west toward Mountain View Corridor, where many builders offered basement apartment floor plans as an option during the 2015–2022 build years.