diff --git a/lib/CMakeLists.txt b/lib/CMakeLists.txt
index 6fe18f63992..ceba13bc2af 100644
--- a/lib/CMakeLists.txt
+++ b/lib/CMakeLists.txt
@@ -10,6 +10,7 @@ add_subdirectory(posix)
 endif()
 add_subdirectory_ifdef(CONFIG_CPP                  cpp)
 add_subdirectory(hash)
+add_subdirectory(heap)
 add_subdirectory(os)
 add_subdirectory_ifdef(CONFIG_SMF smf)
 add_subdirectory_ifdef(CONFIG_OPENAMP              open-amp)
diff --git a/lib/Kconfig b/lib/Kconfig
index 97ee3f6002d..9b6eb56d275 100644
--- a/lib/Kconfig
+++ b/lib/Kconfig
@@ -11,6 +11,8 @@ menu "Additional libraries"
 
 source "lib/hash/Kconfig"
 
+source "lib/heap/Kconfig"
+
 source "lib/os/Kconfig"
 
 source "lib/posix/Kconfig"
diff --git a/lib/heap/CMakeLists.txt b/lib/heap/CMakeLists.txt
new file mode 100644
index 00000000000..bc5f30b4841
--- /dev/null
+++ b/lib/heap/CMakeLists.txt
@@ -0,0 +1,11 @@
+# SPDX-License-Identifier: Apache-2.0
+
+zephyr_sources(
+  heap.c
+  heap-validate.c
+  multi_heap.c
+  )
+
+zephyr_sources_ifdef(CONFIG_SHARED_MULTI_HEAP shared_multi_heap.c)
+
+zephyr_sources_ifdef(CONFIG_HEAP_LISTENER heap_listener.c)
diff --git a/lib/os/Kconfig.heap b/lib/heap/Kconfig
similarity index 100%
rename from lib/os/Kconfig.heap
rename to lib/heap/Kconfig
diff --git a/lib/os/heap-validate.c b/lib/heap/heap-validate.c
similarity index 100%
rename from lib/os/heap-validate.c
rename to lib/heap/heap-validate.c
diff --git a/lib/os/heap.c b/lib/heap/heap.c
similarity index 100%
rename from lib/os/heap.c
rename to lib/heap/heap.c
diff --git a/lib/os/heap.h b/lib/heap/heap.h
similarity index 100%
rename from lib/os/heap.h
rename to lib/heap/heap.h
diff --git a/lib/os/heap_listener.c b/lib/heap/heap_listener.c
similarity index 100%
rename from lib/os/heap_listener.c
rename to lib/heap/heap_listener.c
diff --git a/lib/os/multi_heap.c b/lib/heap/multi_heap.c
similarity index 100%
rename from lib/os/multi_heap.c
rename to lib/heap/multi_heap.c
diff --git a/lib/os/shared_multi_heap.c b/lib/heap/shared_multi_heap.c
similarity index 100%
rename from lib/os/shared_multi_heap.c
rename to lib/heap/shared_multi_heap.c
diff --git a/lib/os/CMakeLists.txt b/lib/os/CMakeLists.txt
index 4f082716c48..4f403c2a289 100644
--- a/lib/os/CMakeLists.txt
+++ b/lib/os/CMakeLists.txt
@@ -15,10 +15,7 @@ zephyr_sources(
   sem.c
   thread_entry.c
   timeutil.c
-  heap.c
-  heap-validate.c
   bitarray.c
-  multi_heap.c
   )
 
 zephyr_sources_ifdef(CONFIG_FDTABLE fdtable.c)
@@ -50,10 +47,6 @@ zephyr_sources_ifdef(CONFIG_SCHED_DEADLINE p4wq.c)
 
 zephyr_sources_ifdef(CONFIG_REBOOT reboot.c)
 
-zephyr_sources_ifdef(CONFIG_SHARED_MULTI_HEAP shared_multi_heap.c)
-
-zephyr_sources_ifdef(CONFIG_HEAP_LISTENER heap_listener.c)
-
 zephyr_sources_ifdef(CONFIG_UTF8 utf8.c)
 
 zephyr_sources_ifdef(CONFIG_SYS_MEM_BLOCKS mem_blocks.c)
diff --git a/lib/os/Kconfig b/lib/os/Kconfig
index e6b25ade5a5..8b41f92f5b2 100644
--- a/lib/os/Kconfig
+++ b/lib/os/Kconfig
@@ -119,14 +119,6 @@ config SPSC_PBUF_UTILIZATION
 
 endif # SPSC_PBUF
 
-config SHARED_MULTI_HEAP
-	bool "Shared multi-heap manager"
-	help
-	  Enable support for a shared multi-heap manager that uses the
-	  multi-heap allocator to manage a set of reserved memory regions with
-	  different capabilities / attributes (cacheable, non-cacheable,
-	  etc...) defined in the DT.
-
 config WINSTREAM
 	bool "Lockless shared memory window byte stream"
 	help
@@ -177,6 +169,5 @@ config UTF8
 
 rsource "Kconfig.cbprintf"
 
-rsource "Kconfig.heap"
 
 endmenu