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Explore Similar Apartments Within 2 Miles of Salem, UT

  • 123 N 800 St E, Payson, UT 84651
    123 N 800 St E, Payson, UT 84651
    123 N 800 St E, Payson, UT 84651
    /16

    $499,999

    • 6 Beds
    • 3 Baths
    • 2,250 Sq Ft

    123 N 800 St E, Payson, UT 84651

    This charming 6-bedroom duplex in the heart of Payson offers incredible flexibility and investment potential. Each unit features 3 bedrooms and 1 bathroom, making it ideal for rental income or multi-generational living. The upstairs unit has unique custom flooring and updated features, while the basement unit offers strong potential with some renovation. Outside, you'll find mature fruit trees,

    Manuel Munoz ERA Brokers Consolidated (Utah County)

    123 N 800 St E, Payson, UT 84651
  • 361 W 625 N Unit A-D, Payson, UT 84651
    361 W 625 N Unit A-D, Payson, UT 84651
    361 W 625 N Unit A-D, Payson, UT 84651
    /15

    $899,000

    • 8 Beds
    • 8 Baths
    • 4,432 Sq Ft

    361 W 625 N Unit A-D, Payson, UT 84651

    Discover a fantastic opportunity to add a high-performing multi-family asset to your investment portfolio. This well-maintained 4-plex in Payson offers strong rental income potential and a desirable location just minutes from I-15, shopping, entertainment and outdoor recreation. Each unit is a spacious 2-bedroom, 2-bath configuration, providing a perfect blend of comfort and value for tenants.

    Lisa Howells Redfox Real Estate Group

    361 W 625 N Unit A-D, Payson, UT 84651
  • 115 N 300 E, Payson, UT 84651
    115 N 300 E, Payson, UT 84651
    115 N 300 E, Payson, UT 84651
    /11

    $600,000

    • 4 Beds
    • 2 Baths
    • 754 Sq Ft

    115 N 300 E, Payson, UT 84651

    TWO HOMES ONE LOT! This unique property features two separate homes on one parcel, both currently rented and generating steady income. Each home offers updated HVAC systems, along with recent upgrades to flooring, bathroom. A rare find at a great price in a great area-perfect for investors or house hackers looking to build wealth from day one. Square footage figures are provided as a courtesy

    Ashley Heseltine The Agency Salt Lake City

    115 N 300 E, Payson, UT 84651
  • 197 E Utah Ave, Payson, UT 84651
    197 E Utah Ave, Payson, UT 84651
    197 E Utah Ave, Payson, UT 84651
    /33

    $530,000

    • 6 Beds
    • 2 Baths
    • 3,160 Sq Ft

    197 E Utah Ave, Payson, UT 84651

    Amazing opportunity with dual zoning. Legal non conforming duplex and commercial zoning. Tenant occupied call agent for showings, only showing once a week or with offer presented. Owner pays utilities roughly $300 max $400 a month. Leases are yearly upstairs and basement is month to month. Great duplex well maintained. New roof in 2022. Only one furnace and AC unit. Basement tenant has been

    Carl Spencer KW WESTFIELD

    197 E Utah Ave, Payson, UT 84651
  • 383 W 625 N Unit A-D, Payson, UT 84651
    383 W 625 N Unit A-D, Payson, UT 84651
    383 W 625 N Unit A-D, Payson, UT 84651
    /18

    $925,000

    • 8 Beds
    • 8 Baths
    • 4,432 Sq Ft

    383 W 625 N Unit A-D, Payson, UT 84651

    Great Investment Property-CASH FLOW!! Rent all four units or owner occupy and still have 3 rentals. $67,000 gross rents! units are just a few years old so everything is in great condition. MAXXPM manages a lot of the rentals or you can manage yourself. Rental A is ADA compliant. *****UVU will be building a campus in Payson about 1/2 mile away*****

    Hillaree Wright The Wright Team Real Estate Professionals

    383 W 625 N Unit A-D, Payson, UT 84651
Utah Utah County Salem

Multi-Family Homes & Duplexes for Sale in Salem, UT

Why Live in Salem

Salem, Utah, often referred to as "Pond Town," is a small city known for its scenic beauty and strong community spirit. The city has grown significantly over the past two decades, with a population now around 10,000. Residents enjoy outdoor activities at Salem Pond, including paddleboarding and fishing, with picturesque views of Mount Loafer. The city features a mix of brand-new subdivisions with spacious homes and a few historic brick houses. Salem Hills High School, part of the Nebo School District, is highly rated and offers a diverse range of electives and Career Technical Education opportunities. Local dining options include long-standing establishments like Stan’s Drive-in and Soda Retreat, as well as various fast-food chains and local eateries along Utah State Route 198. For shopping, residents frequent Stokes Market and Ace Hardware, with additional amenities available in nearby Spanish Fork and Provo, both just 8 miles away. Annual events such as the Salem Days festival and the Pond Town Christmas Boutique foster a sense of community. Recreational activities abound, from kayaking on Salem Pond to exploring Utah Lake and its state park. While largely car-dependent, Salem is connected to Provo and beyond via UTA buses and the FrontRunner train. Provo Airport, 15 miles away, provides direct flights to several U.S. cities. For healthcare, residents rely on Mountain View Hospital in nearby Payson. The city also has historical significance with "The Dream Mine," an ore-processing mill with a storied past.

Learn more about living in Salem

Home Trends in Salem, UT

On average, homes in Salem, UT sell after 47 days on the market compared to the national average of 52 days. The median sale price for homes in Salem, UT over the last 12 months is $525,000, down 23% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$525,000
Median Single Family Sale Price
$660,000
Median Townhouse Sale Price
$389,000
Median 2 Bedroom Sale Price
$412,500
Average Price Per Sq Ft
$217
Number of Homes for Sale
229
Last 12 months Home Sales
253
Months of Supply
10.90
Median List Price
$566,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-23%
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