Multi-Family Homes for Sale in Tooele, Utah
Multi-family property in Tooele is a different animal than what trades in Salt Lake or Utah County. The inventory here is mostly duplexes and fourplexes, with the occasional triplex or small apartment building coming to market a few times a year. Older stock sits inside Tooele City proper — think 1970s and 80s side-by-side duplexes near Vine Street and the east bench — while newer construction shows up in Overlake and along the SR-36 corridor heading toward Stansbury Park. Prices per door have historically run well below the Salt Lake Valley, which is the main reason investors from Davis, Salt Lake, and Utah counties keep pushing west on I-80 to shop here.
The rental demand story is straightforward: Tooele Army Depot, US Magnesium, the Wasatch Behavioral Health campus, and a steady commuter pipeline into the Salt Lake Valley keep two- and three-bedroom units occupied. House-hackers using FHA or VA financing do well in this market because owner-occupied multi-family qualifies for low-down-payment loans up to four units, and projected rent from the other units helps with debt-to-income calculations. Property taxes are reasonable, the lot sizes on older duplexes are generous, and many of the newer fourplexes were built with separate utility meters — a real plus for investors. Browse the active multi-family listings below to see what's currently available, and reach out when you want rent rolls, expense numbers, or a walk-through.
May 2026 · Tooele market
Live from the Utah MLS — what's actually happening in Tooele right now.
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Common questions
About multi-family homes in Tooele.
What counts as a multi-family home in Tooele? ▾
On the Tooele MLS, multi-family typically means duplexes, triplexes, fourplexes, and small apartment buildings sold as a single property on one tax parcel. Anything five units and up is usually marketed as commercial. Most of what trades here is duplex or fourplex stock built between the 1970s and the early 2000s, with a smaller pocket of newer construction near Overlake and Stansbury.
Which Tooele neighborhoods have the most multi-family inventory? ▾
Older duplexes show up around Tooele City's east bench and near Vine Street, while newer townhome-style duplexes and fourplexes are concentrated in Overlake and along the SR-36 corridor. Stansbury Park and Erda lean single-family, so multi-family listings out there are rarer and tend to move fast when priced right.
Can I use an FHA or VA loan to buy a duplex or fourplex in Tooele? ▾
Yes. FHA allows up to a fourplex with 3.5% down as long as you occupy one unit for at least a year, and VA offers similar owner-occupied terms with no down payment for eligible buyers. Lenders will count a portion of the projected rent from the other units toward your qualifying income, which is a big reason house-hacking is popular in this market.
What kind of rents do Tooele multi-family units pull right now? ▾
Two-bedroom units in Tooele typically rent in the $1,300–$1,650 range, with newer builds in Overlake pushing higher. Demand is driven by Tooele Army Depot workers, commuters to the Salt Lake Valley via I-80, and the growing payroll at the US Magnesium and Stampin' Up! corridors. Vacancy has historically stayed tight.
Are there short-term rental restrictions I should know about? ▾
Tooele City and Tooele County both regulate short-term rentals, and most multi-family zones are set up for long-term tenancy rather than nightly stays. If your plan involves Airbnb-style use, verify the zoning and any HOA covenants before writing an offer — the rules are stricter than what you'll find in Washington County.
How does pricing compare to Salt Lake County multi-family? ▾
Tooele duplexes generally trade at a meaningful discount to comparable Salt Lake County product, often $75K–$150K less per unit depending on age and condition. Cap rates tend to run a half-point to a full point higher, which is why out-of-area investors have been paying more attention to this submarket in recent years.