Four-Unit Multifamily with Covered
2639 E 700 N St George, UT 84790
For Sale
$999,000
Pending
MULTI_FAMILY - St George, UT
Property Size3,846 SF
Lot Size0.33 Acres
Days on Market266
Property Features for 2639 E 700 N
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 3
Standard status
Pending
APN
SG-EA-2-203
Size
3,846 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Annual Amount
3397
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Building Details
Year built
1993
Floors in Building
2
Number of units
4
Roof type
Metal
Listing Agency:
CENTURY 21 EVEREST ST GEORGE
(435) 673-9266
Listed By:
JACE SHEPHERD
(385) 223-9674
Added: Nov 6, 2025
Changed: Jul 24
Last Checked: Jul 30 at 12:06AM
MLS# 25-266570
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.
This four-unit multifamily property offers efficient 2-bedroom, 1-bath floor plans, with separate meters for the units. The community includes eight covered carport spaces for off-street parking and does not have an HOA. The property is currently fully occupied.
Updates include full remodeling completed in the last few years for two of the units, and a roof replacement completed last year.
For a buyer considering an income-focused purchase in St. George, UT, the configuration and recent capital improvements may support continued long-term operation. Buyer to verify all information and please do not disturb tenants.
Updates include full remodeling completed in the last few years for two of the units, and a roof replacement completed last year.
For a buyer considering an income-focused purchase in St. George, UT, the configuration and recent capital improvements may support continued long-term operation. Buyer to verify all information and please do not disturb tenants.
Key Highlights
- 1993‑built 4‑unit multifamily property with central air and natural gas heating
- Metal roof replaced last year
- No HOA
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 | $69.2k | $18.00 |
| − Vacancy | −$3.1k | −$0.81 |
| EGI | $66.1k | $17.19 |
| − OpEx | −$19.8k | −$5.16 |
| NOI | $46.3k | $12.03 |
3,846 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$661.1K
$578.5K – $771.3K
NOI $46,279 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$610.5K
$534.2K – $712.2K
NOI $42,733 @ 7.0% cap · market cap 4.28%
Theoretical Best
Specialty Retail
$1.06M
$926.7K – $1.24M
NOI $74,136 @ 7.0% cap · market cap 7.42%
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?
Quadplex - Four occupied units with two-bedroom, one-bath layouts, separate meters, and eight covered carport parking spaces.
Where is this quadplex located?
The property is located at 2639 E 700 N St George, UT.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 1993‑built 4‑unit multifamily property with central air and natural gas heating; Metal roof replaced last year; No HOA
