Remodeled Duplex with
288 Diagonal ST, St George, UT 84770
For Sale
$689,900
Two residences share a downtown St. George property with flexible residential and select business-use potential.
Property Size2,370 SF
Lot Size0.33 Acres
Days on Market60
Property Features for 288 Diagonal ST
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
REALTY EXECUTIVES
Listed By:
BRIAN D HILL
(435) 669-1759
Source:
Gardnerrealestate
Added: Sep 11
Changed: Oct 31
Last Checked: Nov 8 at 12:25PM
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 REALTY EXECUTIVES
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Investment Insights
Based on property information with market context.
Built in 1957, this remodeled duplex includes two residences on a 1/3-acre property in downtown St. George. The front home is vacant and offers 3 bedrooms and 2 bathrooms.
The second residence is a full ADU with a large family room/bedroom, spacious kitchen, full bathroom, stacking washer/dryer, covered carport, porch, and large storage room. The ADU is occupied and may also be used for select businesses or as a residence, as legally permitted by the source information.
The second residence is a full ADU with a large family room/bedroom, spacious kitchen, full bathroom, stacking washer/dryer, covered carport, porch, and large storage room. The ADU is occupied and may also be used for select businesses or as a residence, as legally permitted by the source information.
Key Highlights
- Two homes on one 1/3‑acre property
- Main residence has 3 bedrooms and 2 bathrooms
- Full ADU with kitchen, bathroom, laundry, carport, porch, and storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,518
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,360
$570.4K
Cap Rate 7%
$407,400
$407.4K
Cap Rate 9%
$316,867
$316.9K
Market Conditions
NOI Build-Up for 2,370 SF
Gross rent
$42.7K $18.00/SF
− Vacancy
−$1.9K −$0.81/SF
EGI
$40.7K $17.19/SF
− OpEx
−$12.2K −$5.16/SF
NOI
$28.5K $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%
$570,360
Cap Rate 7%
$407,400
Cap Rate 9%
$316,867
Alternative Uses
Best Use
Multifamily LT 5
$407.4K
$356.5K – $475.3K
NOI $28,518 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$376.2K
$329.2K – $438.9K
NOI $26,333 @ 7.0% cap · market cap 3.82%
Theoretical Best
Specialty Retail
$652.6K
$571.1K – $761.4K
NOI $45,684 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,718
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences share a downtown St. George property with flexible residential and select business-use potential.
Where is this duplex located?
The property is located at 288 Diagonal ST St George, UT.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: Two homes on one 1/3‑acre property; Main residence has 3 bedrooms and 2 bathrooms; Full ADU with kitchen, bathroom, laundry, carport, porch, and storage room
