Multi-Family Homes for Sale in Torrey, Utah

Torrey sits at the junction of Highway 12 and Highway 24, the gateway town to Capitol Reef National Park, and that location has quietly turned multi-family properties here into an income play as much as a place to live. Duplexes and small triplexes near the town center get booked as short-term rentals for park visitors nine months out of the year, while the cottonwood-lined stretch along Highway 24 and the properties up toward Teasdale offer more of a mixed long-term and seasonal rental pattern. Wayne County's year-round population is small — under 3,000 — but the visitor traffic from Capitol Reef, Torrey's dark-sky designation, and the scenic byway keeps demand for lodging steady from April through October, with a real shoulder-season drop in January and February that owners should plan around.

Inventory is thin. Wayne County doesn't turn over many multi-unit properties in a given year, so when a duplex or a converted lodge-style property with several rentable units comes on the MLS, it tends to draw attention from both owner-occupants who want rental income to offset a mountain-town mortgage and out-of-state investors eyeing the park's visitor numbers. Water rights, culinary water hookups, and septic capacity matter more here than in a Wasatch Front subdivision, since several properties sit on private wells or shared systems rather than municipal service. Lot sizes tend to run larger than city standards too, often a half-acre or more, which affects how many units a property can realistically support. Browse the active listings below to see what's currently on the market.