Two-Unit Duplex on Corner
For Sale
$675,000
1031 N WESTRIDGE DR Unit 1&2, St George, UT 84770
One unit has a long-term tenant; the other is available for rental or owner occupancy.
Property Size2 SF
Price / SF$277.32
Days on Market72
Property Features for 1031 N WESTRIDGE DR Unit 1&2
General Information
Standard status
Active
Size
2 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Building Details
Building Size
2 SF
Year Built
1997
Listing Agency:
Lift Realty
Listed By:
Spencer Clawson
(801) 636-8426
Source:
Liftrealty
Added: Aug 14
Changed: Oct 23
Last Checked: Oct 23 at 6:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lift Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,434-square-foot duplex, built in 1997, sits on a corner parcel in St. George. Both units are receiving new carpet and flooring. One is occupied by a long-term tenant, while the second is ready for a tenant or owner occupancy. Off-street parking serves the property.
Key Highlights
- 2,434 square feet across two duplex units
- Built in 1997
- One unit has a long‑term tenant; the other is ready for rental or occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,288
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,760
$585.8K
Cap Rate 7%
$418,400
$418.4K
Cap Rate 9%
$325,422
$325.4K
Market Conditions
NOI Build-Up for 2,434 SF
Gross rent
$43.8K $18.00/SF
− Vacancy
−$2.0K −$0.81/SF
EGI
$41.8K $17.19/SF
− OpEx
−$12.6K −$5.16/SF
NOI
$29.3K $12.03/SF
Area
Washington County, UT
Vacancy
4.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,760
Cap Rate 7%
$418,400
Cap Rate 9%
$325,422
Alternative Uses
Best Use
Multifamily LT 5
$418.4K
$366.1K – $488.1K
NOI $29,288 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$386.3K
$338.1K – $450.7K
NOI $27,044 @ 7.0% cap · market cap 4.01%
Theoretical Best
Specialty Retail
$670.3K
$586.5K – $782.0K
NOI $46,918 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
Explore this area
Business Placement
Demographics for 84770, UT
44,505
Population
21,173
Households
2.1
Avg Household Size
36
Median Age
29%
College-Educated
93%
High-School Grad
72.1 sq mi
ZIP Area
617
Density / Sq Mi
$68,174
Median Household Income
$34,586
Median Earnings
$1,344
Median Rent
$407,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - One unit has a long-term tenant; the other is available for rental or owner occupancy.
Where is this duplex located?
The property is located at 1031 N WESTRIDGE DR Unit 1&2 St George, UT.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 2,434 square feet across two duplex units; Built in 1997; One unit has a long‑term tenant; the other is ready for rental or occupancy
