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Investment Properties for Sale in Santaquin, Utah
Santaquin sits at the southern end of Utah County, right where I-15 starts climbing toward the Juab County line, and it has quietly become one of the more interesting buy-and-hold markets along the Wasatch Front. Prices are still meaningfully below Spanish Fork and Payson, the population has roughly doubled since 2010, and the commuter pool keeps growing as workers in Lehi, Provo, and the Point of the Mountain tech corridor look further south for housing they can actually afford. For an investor, that combination — lower entry price, rising rents, real population growth — is the math that makes a rental pencil.
The inventory here skews toward single-family homes rather than small multi-family, so most investors are either buying newer 3- and 4-bedroom houses in subdivisions on the west side, picking up older homes near Center Street with basement-apartment potential, or chasing the occasional horse-property parcel that can carry a primary rental plus accessory income. Keep an eye on Santaquin City's ADU and rental zoning rules, the non-primary-residence property tax adjustment (Utah taxes rentals at the full rate, not the 45% owner-occupied rate), and water-share questions on any larger lot. Browse the active investment-friendly listings below to see what's currently on the market, and reach out if you want help running rent comps before writing an offer.
May 2026 · Santaquin market
Live from the Utah MLS — what's actually happening in Santaquin right now.
Median sale
$530,000
26 closed in May 2026
Median DOM
21 days
listing → contract
Sale-to-list
99.9%
of final list price
Unsold inventory
137
active + pending
37 matching · page 1 of 2
Active listings
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Common questions
About investment properties in Santaquin.
What kinds of investment properties show up on the MLS in Santaquin? ▾
Most commonly you'll see single-family rentals in newer subdivisions on the west and north sides of town, older homes near Center Street with basement apartment potential, and the occasional small acreage parcel with a primary home plus outbuildings that can be rented separately. True multi-family (duplex, fourplex) inventory is thin — Santaquin is still mostly single-family — so investors often buy SFRs and convert basements into legal ADUs.
What rents can a landlord realistically charge in Santaquin? ▾
Three- and four-bedroom single-family rentals in Santaquin generally pull $1,900–$2,500 per month depending on age, garage count, and yard size. Basement ADUs typically run $1,000–$1,400. Rents have followed the I-15 corridor upward as commuters priced out of Saratoga Springs and Spanish Fork moved south.
Is Santaquin landlord-friendly for short-term rentals? ▾
Santaquin City restricts short-term rentals in most residential zones, so Airbnb-style operations are not a reliable play here the way they are in Washington County. Long-term rentals (30+ days) are the standard model. Always confirm current zoning with the city before writing an offer if STR income is part of your underwriting.
Why are investors looking at Santaquin specifically right now? ▾
Price points are still lower than Spanish Fork, Payson, and the north Utah County cities, while the population is growing fast — the new Mountain View Corridor extension and continued Tesla/tech commuter traffic toward Lehi have pushed demand south. Entry prices for a rentable single-family home typically run $430K–$550K, which pencils better than comparable homes 20 minutes north.
What about property taxes and the primary residence exemption? ▾
Utah taxes non-primary residences (rentals, second homes) at the full assessed value, while owner-occupied homes get a 45% exemption. That means a Santaquin rental's annual tax bill is roughly 80% higher than the same house occupied by its owner. Build that into your cash-flow math — it's the number that surprises out-of-state investors most.
Are there new-construction homes worth buying as rentals here? ▾
Yes — Santaquin has had active builders in subdivisions like Summit Ridge and the areas off Highway 6, and builders occasionally offer rate buydowns that make the numbers work for buy-and-hold investors. New builds rent quickly and have low maintenance for the first several years, but verify HOA rules since some communities cap rentals or require minimum lease terms.