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    Cedar City Duplex For Sale Title is generated by Realmo AI

    Cedar City, UT 84720, Cedar City, UT 84720

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    For Sale
    $355,000

    MULTI_FAMILY - Cedar City, UT

    Property size:
    2,145 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $165/SF
    Added:
    Mar 25, 2026
    Days on Market:
    82
    Last Refresh:
    Jun 14 at 11:06 am

    Property Features

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    B-0045-0034-0000
    Size
    2,145 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1324

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    2
    Roof type
    Asphalt

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    Listing Contact
    Jesse Guy Carter
    Jesse Guy Carter

    Listing agent Jesse Guy Carter License #8651453

    Listing office Stratum Real Estate Group So Branch 365 S Main, UT

    Listing date Mar 25, 2026

    MLS# 26-270621 Listing URL

    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.

    HighLights

    • Mountain views
    • Walking distance to SUU
    • Up/down duplex configuration
    • Separate laundry for each unit
    • Separate entrance for downstairs unit
    • Rental income potential (student rental or live in one unit and rent the other)

    Overview

    This multifamily property is located in Cedar City, Utah. It is an up/down duplex with mountain views and is within walking distance of Southern Utah University (SUU). The main floor unit features 3 bedrooms and 1 bathroom, along with laundry facilities. The downstairs unit has 1 bedroom and 1 bathroom, its own laundry, and a separate entrance. The property is situated on a 0.18-acre lot. The building has 2145 square feet of space. This property presents a student rental opportunity or the potential to live in one unit and rent out the other.

    Local 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 $29.6k $13.80
    − Vacancy −$1.2k −$0.55
    EGI $28.4k $13.25
    − OpEx −$8.5k −$3.97
    NOI $19.9k $9.27
    2,145 SF · lease $13.80/SF/yr · vacancy 4.00% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $284.2K
    $248.7K – $331.5K (±1% cap)
    NOI $19,892 @ 7.0% cap · market cap 5.60%
    Second Best
    Apartment 5plus
    $252.9K
    $221.3K – $295.1K (±1% cap)
    NOI $17,705 @ 7.0% cap · market cap 4.99%
    Theoretical Best
    Office A
    $438.1K
    $383.3K – $511.1K (±1% cap)
    NOI $30,665 @ 7.0% cap · market cap 8.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.077451
    Latitude
    37.679755

    FAQs

    What type of property is this?
    Duplex - Duplex near SUU, ideal for rental or owner-occupancy.
    Where is this duplex located?
    The property is located at Cedar City, UT.
    What is the asking price?
    The asking price for this property is $355,000.
    What are key features of this property?
    This property features: Mountain views; Walking distance to SUU; Up/down duplex configuration
    More about this property
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