Completely Remodeled Duplex
1178 N 1340 W Cir St George, UT 84770
For Sale
$629,000
MULTI_FAMILY - St George, UT
Property Size1,861 SF
Lot Size0.19 Acres
Price / SF$337.99
Days on Market24
Property Features for 1178 N 1340 W Cir
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
Standard status
Active
APN
SG-MCV-1-12
Size
1,861 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
1505
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
1995
Floors in Building
1
Number of units
2
Roof type
Tile
Listing Agency:
RED ROCK REAL ESTATE
(435) 275-2775
Listed By:
RENAE STUCKI
(435) 565-4639
Added: Jul 7
Changed: Jul 27
Last Checked: Jul 30 at 2:06AM
MLS# 26-273991
Copyright © 2026 Washington County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Completely remodeled single-level duplex designed for flexible use, with two separate units. Each unit offers 2 bedrooms and 1 bathroom, and the property includes an oversized 2-car garage. Updates include custom cabinetry, quartz countertops, stainless steel appliances, updated fixtures, and all-new flooring throughout.
One unit is recently rented for a one-year term at $1,650 per month, and the other unit is available for showings. When both units are rented, the pro forma cap rate is described as 5.9%. The interior finishes present a move-in-ready option for either continued rental income or owner-occupancy with a second unit rented out.
The property is positioned near parks, hiking and biking trails, shopping, and everyday conveniences.
One unit is recently rented for a one-year term at $1,650 per month, and the other unit is available for showings. When both units are rented, the pro forma cap rate is described as 5.9%. The interior finishes present a move-in-ready option for either continued rental income or owner-occupancy with a second unit rented out.
The property is positioned near parks, hiking and biking trails, shopping, and everyday conveniences.
Key Highlights
- Remodeled duplex built in 1995 with two single‑level units, each offering 2 bedrooms and 1 bathroom
- Each unit includes an oversized 2‑car garage
- One unit is currently rented for 1 year at $1,650 per month; the other unit is available for showings
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.5k | $18.00 |
| − Vacancy | −$1.5k | −$0.81 |
| EGI | $32.0k | $17.19 |
| − OpEx | −$9.6k | −$5.16 |
| NOI | $22.4k | $12.03 |
1,861 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$319.9K
$279.9K – $373.2K
NOI $22,393 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$295.4K
$258.5K – $344.6K
NOI $20,678 @ 7.0% cap · market cap 3.29%
Theoretical Best
Specialty Retail
$512.5K
$448.4K – $597.9K
NOI $35,873 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Single-level duplex with two 2-bedroom, 1-bath units and modern upgrades, including an oversized two-car garage.
Where is this duplex located?
The property is located at 1178 N 1340 W Cir St George, UT.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Remodeled duplex built in 1995 with two single‑level units, each offering 2 bedrooms and 1 bathroom; Each unit includes an oversized 2‑car garage; One unit is currently rented for 1 year at $1,650 per month; the other unit is available for showings
