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Multi-Family Homes for Sale in Richfield, Utah
Richfield sits about two and a half hours south of Salt Lake City along I-70, serving as the commercial hub of Sevier County and central Utah. It's a working town anchored by Sevier Valley Medical Center, Snow College's Richfield campus, the Sevier School District, and a steady base of agriculture, coal, and energy jobs out toward Salina and Emery County. That mix matters for anyone looking at small multi-family buildings here: the rental demand comes from hospital staff, college students and instructors, traveling workers, and local families priced out of buying — a more diversified tenant pool than most towns this size offer.
Multi-family inventory in Richfield is dominated by older duplexes and fourplexes near downtown and around 100 North, plus newer side-by-side duplex construction on the south end of town. Prices per door run well under what you'd pay in Utah County or along the Wasatch Front, which is why out-of-area investors have started paying closer attention to Sevier County over the last few years. Owner-occupants using FHA or VA financing on a duplex or fourplex can often live in one unit and let the others cover most of the mortgage — a route that works better here than in higher-priced markets. Active listings below show what's currently available; if the list is short, that's typical for a town Richfield's size, and setting a saved search is the easiest way to catch new inventory as it posts.
June 2026 · Richfield market
Live from the Utah MLS — what's actually happening in Richfield right now.
Median sale
$200,000
3 closed in June 2026
Median DOM
6 days
listing → contract
Sale-to-list
97.9%
of final list price
Unsold inventory
38
active + pending
3 matching · page 1 of 1
Active listings
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Common questions
About multi-family homes in Richfield.
What counts as a multi-family property in Richfield? ▾
On the MLS here you'll mostly see duplexes, triplexes, fourplexes, and the occasional small apartment building (5+ units). True multi-family is zoned for separate units with their own utilities or meters, which is different from a single-family home with a basement apartment or ADU. If unit count and zoning matter for your financing, double-check the listing's zoning designation with Richfield City before writing an offer.
Where in Richfield are most multi-family buildings located? ▾
The older rental stock tends to cluster near downtown around Main Street and within a few blocks of Snow College's Richfield campus, where tenant demand is steady. Newer duplex and fourplex construction has gone up on the south and west edges of town as the city has expanded. Properties closer to Sevier Valley Hospital also rent well to traveling medical staff.
What kind of rents do small multi-family units pull in Richfield? ▾
Two-bedroom units in Richfield typically rent in the $900–$1,300 range depending on age, condition, and whether utilities are included, with three-bedrooms running higher. Rents have climbed meaningfully over the last few years as Sevier County's population and energy-sector jobs have grown. Ask the listing agent for a current rent roll and the seller's Schedule E if it's an investment sale.
Can I use an FHA or VA loan to buy a duplex or fourplex here? ▾
Yes — FHA allows up to a fourplex with 3.5% down, and VA allows the same with $0 down, as long as you occupy one of the units as your primary residence for at least a year. House-hacking a duplex is one of the more realistic ways to get into Richfield real estate if you're an owner-occupant. Lenders will count a portion of the projected rent from the other units toward your qualifying income.
How does Richfield compare to Wasatch Front cities for small-multifamily investing? ▾
Price per door is dramatically lower than Provo, Orem, or Salt Lake County — you can often buy a Richfield duplex for what a single-family starter costs along the I-15 corridor. Cap rates tend to run higher as a result, though the tenant pool is smaller and vacancies can take longer to fill. It's a cash-flow market more than an appreciation market.
How many multi-family listings are usually active in Richfield at a given time? ▾
Inventory is thin. Richfield is a town of roughly 8,000 people, so it's common to see only a handful of duplexes, triplexes, or fourplexes on the market at any one time — sometimes zero. If nothing's showing below, it's worth setting up a saved search so you get an alert the moment something new hits the MLS.