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Investment Properties for Sale in Centerville, Utah
Centerville sits in the sweet spot of Davis County — roughly 15 miles north of Salt Lake City along the Wasatch Front — and that location is precisely what makes investment properties here worth a serious look. The city's population has grown steadily as remote-friendly buyers priced out of Salt Lake and Bountiful have moved up I-15, keeping rental demand strong across single-family homes, duplexes, and basement-suite properties. With median home prices in Centerville generally running in the $500,000–$650,000 range (lower than comparable Salt Lake County neighborhoods), entry costs are more manageable, while rents have followed the broader Wasatch Front upward trend. The Canyon Creek and Parrish Lane corridors see consistent tenant interest thanks to proximity to Legacy Highway commuters, Hill Air Force Base contractors, and students attending nearby Lagoon-area employers and the Davis School District's strong school cluster.
What separates a sound Centerville investment from an average one is understanding the local rental profile. Most tenants here are working families or dual-income couples who want access to I-15 without paying Murray or Cottonwood Heights prices — meaning well-maintained three- and four-bedroom homes rent quickly and hold tenants longer than urban-core units typically do. Short-term rental regulations in Davis County are worth reviewing before purchasing, as city ordinances can affect Airbnb-style strategies; long-term buy-and-hold and house-hacking with an ADU or mother-in-law apartment tend to be the more reliable plays in this market. Browse the active listings below to see what's currently available.
June 2026 · Centerville market
Live from the Utah MLS — what's actually happening in Centerville right now.
Median sale
$550,500
8 closed in June 2026
Median DOM
4 days
listing → contract
Sale-to-list
97.1%
of final list price
Unsold inventory
65
active + pending
1 matching · page 1 of 1
Active listings
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Common questions
About investment properties in Centerville.
What kinds of investment properties are typical in Centerville? ▾
Most investor activity here centers on single-family rentals built between the 1970s and early 2000s, plus the occasional duplex or basement-apartment setup along Main Street and Pages Lane. True multifamily inventory is thin because Centerville is largely zoned R-1, so accessory dwelling units and walk-out basement rentals are the common workarounds. New construction is rare since the city is roughly 90% built out.
Does Centerville allow short-term rentals like Airbnb? ▾
Centerville City restricts short-term rentals in most residential zones, and nightly rentals are not a reliable strategy here. Long-term leases (six months or more) are the standard investor play. If short-term income is the goal, buyers usually look south toward Salt Lake County or north toward Ogden where rules vary by city.
What rents can I expect on a Centerville single-family rental? ▾
Three-bedroom homes generally lease in the $2,200-$2,800 range, with four-bedroom homes near Founders Park or the foothills above 400 East pushing higher. Basement apartments typically rent for $1,100-$1,500 depending on separate entry, parking, and laundry. Vacancy stays low because of the commute access to both Salt Lake and Hill Air Force Base.
Is the rental market strong given the commute to Salt Lake? ▾
Yes. Centerville sits right on I-15 and the FrontRunner line at the Farmington station next door, putting downtown Salt Lake about 20 minutes away and the airport about 25. Tenants tend to be families wanting Davis School District access plus professionals who commute south, so turnover is lower than in transient rental markets.
What should I check before buying an older home here as a rental? ▾
Watch for aging galvanized or polybutylene plumbing in homes built before 1990, original electrical panels, and the condition of any basement apartment's egress windows and separate metering. Some properties west of I-15 sit on higher water tables, so sump pumps and foundation drainage matter. A sewer scope is worth the $150 on any home over 30 years old.
How does Centerville compare to Bountiful or Farmington for investors? ▾
Centerville price points run slightly below Farmington (which carries a Station Park premium) and roughly even with central Bountiful. Cap rates across all three south Davis cities are tight—generally 4-5%—so most investors here are playing for appreciation and stable tenancy rather than cash flow. Davis School District ratings support all three markets fairly equally.