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    Salem, UT
    Multifamily

    Salem, UT Multifamily Properties for Sale

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    Spanish Fork, UT Woodland Hills, UT Payson, UT Elk Ridge, UT Santaquin, UT Benjamin, UT Mapleton, UT Springville, UT
    New-Construction Townhome Multifamily Development
    Updated: Apr 12
    New-Construction Townhome Multifamily Development

    1796 N 460 W, Salem, UT 84653

    Contact for pricing
    New‑construction townhome multifamily development on the Salem and Spanish Fork border
    More than 90 lots remain available for bulk or individual purchase
    End units include dual rooftop deck areas beside the primary suite
    Interior units feature a cathedral ceiling spanning the second and third floors
    Six oversized windows provide unobstructed mountain views from interior‑unit loft areas
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    All-Brick Duplex with Extra Land
    All-Brick Duplex with Extra Land

    626 S 400 E #A-B, Payson, UT 84651

    $519,999
    2,000 sqft

    Income-producing duplex with tenants in place, covered parking, storage, and land behind the existing building.

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    Remodeled Duplex
    Remodeled Duplex

    263 E CENTER St, Spanish Fork, UT 84660

    $465,000
    2,020 sqft 0.14 AC lot

    Updated systems, finishes, and appliances support two-unit residential use.

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    Quadplex with Artificial Turf
    Quadplex with Artificial Turf

    Spanish Fork, UT 84660

    $990,000

    Four-unit property with city-approved sober living use and tenant leases extending through January 1, 2027.

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    Updated Apartment Building
    Updated Apartment Building

    865 E 100 N, Payson, UT 84651

    Contact for pricing

    Several residences include recent flooring, cabinetry, appliance, and window air-conditioning improvements.

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    Salem, UT Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Salem, UT on our real estate platform.

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    Demographics Overview

    Population 12K
    Population Growth (5Y) +26.9%
    Median Household Income $111,420
    College Educated 53.8%

    Taxes & Financing

    Tax Rate (average for all types) 0.95%
    Property Tax per SF $13.38 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Utah County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Utah County

    Residential Income

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