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Investment Properties for Sale in Eureka, Utah
Eureka sits at about 6,400 feet in the Tintic Mining District, roughly an hour southwest of Provo on Highway 6. It's an old silver and gold town — population hovers near 700 — with housing stock that reflects its boom-and-bust history: late-1800s and early-1900s miner cottages, a handful of mid-century builds, and scattered newer construction on the edges of town. For investors, that translates to entry prices that are dramatically lower than anywhere on the Wasatch Front, with some habitable homes still trading in the $150K–$250K range and raw lots well under six figures. The trade-off is a thin rental pool, longer hold times, and the due-diligence work that comes with century-old buildings.
The investment thesis here is specific. Eureka attracts buy-and-hold landlords targeting long-term tenants tied to local trades, Juab County jobs, and remote workers who want cheap Utah dirt within commuting distance of Utah County. There's also a side-by-side and ATV tourism angle — the West Desert trail system and historic mining tours pull weekend traffic — which supports a small short-term rental niche. Property taxes are low, but insurance and renovation costs on older homes can surprise out-of-area buyers. Anyone underwriting deals here should also factor in the EPA Superfund history of the Tintic District, which affects certain parcels and soil testing requirements. Browse the active listings below to see what's currently on the market.
April 2026 · Eureka market
Live from the Utah MLS — what's actually happening in Eureka right now.
Median sale
$345,000
2 closed in April 2026
Median DOM
28 days
listing → contract
Sale-to-list
112.1%
of final list price
Unsold inventory
4
active + pending
3 matching · page 1 of 1
Active listings
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Common questions
About investment properties in Eureka.
What types of investment properties are typical in Eureka? ▾
Most of what trades in Eureka is small single-family homes built between 1900 and 1940, often on large lots with detached garages or outbuildings. You'll occasionally see a duplex, a fixer cabin, or raw land with mining claims attached. True multi-family product is rare — investors here usually assemble a portfolio of cheap SFRs rather than buying one big building.
Can investment homes in Eureka cash flow as long-term rentals? ▾
Purchase prices are low (many homes still trade under $200K), but so are rents — Eureka's tenant pool is small and wages are modest. Cash flow can work on properties bought right and renovated cheaply, but vacancy risk is higher than in Tooele or Payson. Investors typically run conservative rent comps pulled from Eureka, Mammoth, and Silver City rather than Utah County figures.
Does short-term rental make sense in Eureka? ▾
There's a niche STR market tied to Tintic Mining District tourism, side-by-side riding on the West Desert, and hunters during deer and elk seasons. Occupancy is seasonal and uneven, so projections should lean on weekend and shoulder-season bookings rather than steady weekday traffic. Confirm Juab County and Eureka City rules before listing — regulations on STRs have tightened across rural Utah.
What should I know about old homes and financing here? ▾
A lot of Eureka housing stock predates 1940 and may have knob-and-tube wiring, lead paint, old coal chimneys, or foundation issues. Conventional and FHA appraisers flag these, which pushes many deals toward cash, hard money, or renovation loans like 203(k). Budget for a thorough inspection and a sewer scope — municipal lines in town are old.
Are there environmental concerns from the mining history? ▾
Yes. Parts of Eureka sit within EPA Superfund cleanup zones tied to historic Tintic District mining, and soil remediation has been ongoing for years. Some parcels have had yard soil replaced; others haven't. Pull the EPA records and the Utah DEQ file on any property before closing, especially if tenants will include children.
How liquid is the Eureka investment market on resale? ▾
Days on market run longer than the Wasatch Front — often 90 to 180+ days for anything priced above the local median. Plan on a longer hold (5–10 years) or a BRRRR-style refinance strategy rather than a quick flip. Exit buyers tend to be other investors, retirees seeking cheap Utah real estate, or remote workers chasing low cost of living.