Multi Family Investment Properties for Sale in Tooele, UT
782- 4 Bed
- 2 Bath
- 1729 sft
16- 3 Bed
- 3 Bath
- 2291 sft
16- 3 Bed
- 3 Bath
- 2291 sft
102- 4 Bed
- 2 Bath
- 1905 sft
Why Invest in Tooele, Utah?
Tooele's multifamily market offers moderate entry points with stabilizing valuations in Utah's broader real estate recovery. The area benefits from regional migration patterns, with 0.51% of national homebuyers searching to relocate to Tooele, primarily from Los Angeles, Chicago, and Seattle. Median home prices around $415K–$449K provide accessible cap rate opportunities compared to Salt Lake City. Utah's statewide housing market is expected to remain steady in 2026 with modest 1.9% appreciation, positioning multifamily assets for consistent rental yield without speculative volatility.
Frequently Asked Questions
Median rents in Tooele average $1,850–$1,950 per month for standard units, with rental growth of 2–3% annually. Multifamily properties typically achieve 5–5.5% rental yields based on current market valuations and absorption rates.
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