Remodeled Duplex with Two Car
1178 N 1340 West CIR 1 & 2 St George, UT 84770
For Sale
$629,000
Single-level duplex with two 2-bedroom, 1-bath units, modern finishes, and oversized 2-car garages.
Days on Market22
Property Features for 1178 N 1340 West CIR 1 & 2
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Building Details
Year Built
1995
Listing Agency:
RED ROCK REAL ESTATE
(435) 565-4639
Listed By:
RENAE STUCKI
Source:
Gardnerrealestate
Added: Jul 8
Changed: Jul 28
Last Checked: Jul 29 at 10:54AM
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 RED ROCK REAL ESTATE
Investment Insights
Based on property information with market context.
Completely remodeled, single-level duplex with two units. Each unit features 2 bedrooms and 1 bathroom, along with an oversized 2-car garage. Interiors include custom cabinetry, quartz countertops, stainless steel appliances, updated fixtures, and all-new flooring, designed for a move-in-ready, modern look.
The property is located near parks, hiking and biking trails, shopping, and everyday conveniences. The listing notes anticipated rents of $1,650 per unit, supporting a pro forma cap rate estimate of 5.9%.
With two separate residential units on one level, this configuration can support either rental income from both units or owner-occupancy while renting the second unit, depending on how you plan to use the property.
The property is located near parks, hiking and biking trails, shopping, and everyday conveniences. The listing notes anticipated rents of $1,650 per unit, supporting a pro forma cap rate estimate of 5.9%.
With two separate residential units on one level, this configuration can support either rental income from both units or owner-occupancy while renting the second unit, depending on how you plan to use the property.
Key Highlights
- 1995‑built, single‑level duplex with 2 units, each offering 2 bedrooms and 1 bathroom
- Each unit includes an oversized 2‑car garage
- Units are fully updated with custom cabinetry, quartz countertops, stainless steel appliances, and updated fixtures
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Single-level duplex with two 2-bedroom, 1-bath units, modern finishes, and oversized 2-car garages.
Where is this duplex located?
The property is located at 1178 N 1340 West CIR 1 & 2 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: 1995‑built, single‑level duplex with 2 units, each offering 2 bedrooms and 1 bathroom; Each unit includes an oversized 2‑car garage; Units are fully updated with custom cabinetry, quartz countertops, stainless steel appliances, and updated fixtures
