Multi-Family Homes for Sale in Oakley, Utah

Oakley sits in the Kamas Valley about 15 miles east of Park City, and it's one of those Summit County towns that has held onto its ranching character even as the Wasatch Back has filled in around it. Multi-family properties here are rare — Oakley's zoning leans heavily toward single-family and agricultural parcels, and the town's roughly 1,800 residents prefer it that way. When duplexes, triplexes, or legal accessory dwelling units do come to market, they tend to be on larger lots with mountain views toward the Uintas, and they move quickly because of the proximity to Park City jobs without Park City prices. Buyers looking at multi-family in Oakley are usually doing one of three things: house-hacking near the resorts, building a long-term rental portfolio aimed at Park City service workers priced out of Old Town, or setting up a multigenerational compound on a rural lot.

Expect a mix of older farmhouse conversions, newer builds with attached ADUs, and the occasional purpose-built duplex. Winters are real out here — Oakley sits at about 6,500 feet and gets cold valley temperatures, so heating systems, insulation, and well/septic condition matter more than they would in the Salt Lake Valley. The South Summit School District serves the area and has a strong local reputation, which helps with long-term tenant retention. Browse the active multi-family listings below, and reach out if you'd like to walk through any of them or talk through rental comps in the Kamas Valley.