Get App

Roosevelt, Utah

Investment Properties for Sale in Roosevelt, Utah

Roosevelt sits in the heart of the Uintah Basin, about two and a half hours east of Salt Lake City, and its rental market moves with the energy sector. When oil and gas drilling ramps up in Duchesne and Uintah counties, workforce housing gets tight fast — single-family rentals, manufactured homes on acreage, and small multi-units near Highway 40 all see strong demand from field crews, pipeline workers, and Ute Tribal Enterprise employees. That cyclical pattern is the single biggest thing to understand about investment properties here: cash flow can be excellent during active drilling years, and softer when rig counts drop. Savvy investors price that volatility into their underwriting rather than assuming Wasatch Front-style appreciation.

Entry prices in Roosevelt remain among the lowest in Utah, with many three-bedroom rentals trading well under what a starter home costs in Heber or Vernal. That low basis is why out-of-area investors have been buying here for years — the rent-to-price ratios pencil in ways they simply don't on the Wasatch Front. Beyond long-term rentals, some owners run short-term stays for hunters during the Book Cliffs and High Uintas seasons, and others lease to traveling medical staff at Uintah Basin Healthcare. Property taxes in Duchesne County are modest, and Roosevelt itself has the retail and school infrastructure (Union High, Roosevelt Jr. High) that keeps families renting long-term. Browse the active listings below to see what's currently on the market, and reach out if you want rent comps or a read on which neighborhoods hold tenants best.

May 2026 · Roosevelt market

Live from the Utah MLS — what's actually happening in Roosevelt right now.

Full Roosevelt market report
Median sale
$345,000
9 closed in May 2026
Median DOM
6 days
listing → contract
Sale-to-list
93.6%
of final list price
Unsold inventory
46
active + pending

9 matching · page 1 of 1

Active listings

Common questions

About investment properties in Roosevelt.

What kinds of investment properties are common in Roosevelt?

The bulk of the inventory is single-family rentals on quarter-acre to one-acre lots, manufactured homes on land, and the occasional duplex or small multi-unit. You'll also see rural parcels with a primary home plus an outbuilding or second dwelling that can be rented separately. True apartment-style buildings are rare and usually trade off-market.

How does the oil and gas industry affect rental demand?

Roosevelt's rental market tracks Uintah Basin rig activity closely. During active drilling cycles, workforce housing fills up quickly and rents climb, sometimes 20-30% above baseline. When prices drop and crews leave, vacancy rises and landlords compete on price. Underwriting to average-cycle rents — not peak — is the safer play.

What kind of cap rates are realistic here?

Cap rates in Roosevelt typically run higher than along the Wasatch Front because appreciation is slower and risk is cyclical. Properly managed long-term rentals often pencil in the 7-9% range, with some workforce-oriented properties higher during boom years. Verify with current rent comps before you commit.

Are short-term rentals viable in Roosevelt?

There's a niche market tied to hunting seasons in the Book Cliffs, Tavaputs Plateau, and High Uintas, plus traveling nurses at Uintah Basin Healthcare and energy contractors who prefer furnished stays. Volume is much lower than tourist towns like Moab or Park City, so most owners blend short-term with mid-term corporate leases.

What should out-of-state investors know before buying here?

Plan for property management — Roosevelt is remote, and most reliable managers cover the whole Basin from Vernal or Roosevelt itself. Winters are cold and freeze-thaw is hard on older roofs and plumbing, so reserve budgets matter. Title work occasionally involves split mineral rights, which is normal for the area but worth understanding.

Are there financing quirks for investment properties in Roosevelt?

Conventional investor loans work fine for standard single-family homes, but manufactured homes (especially older ones or those on leased land) limit your lender pool. Properties with significant acreage may need a portfolio or ag-friendly lender. Local credit unions in the Basin often have the most flexibility on rural and mixed-use parcels.