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Updated Duplex with Shop Space
For Sale
$539,900

320 E 2100 N Cir, Cedar City, UT 84721

MultiFamily, Cedar City, UT

Property Size2,627 SF
Lot Size0.28 Acres
Price / SF$205.52
Days on Market176

Property Features for 320 E 2100 N Cir

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 2
Directions Heading N on Main St. turn right onto DL Sargent Dr. follow to N Chandler Dr and make a left hand turn. Turn left on first cul-de-sac (Dana Dr.) House straight ahead.
Subdivision Outside Area
Standard status Active
APN B-1390-0009-0000
Size 2,627 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Annual Amount 2394

Utilities

Heating system Electric (Heating), Natural Gas
Cooling system Central Air

Building Details

Year built 1994
Floors in Building 2
Number of units 2
Roof type Asphalt
Listing Agency: Stratum Real Estate Group So Branch
Listed By: SHELBY SMITH · License #10094365-SA00
Added: Apr 14 Changed: Oct 2 Last Checked: Oct 6 at 9:06AM
MLS# 26-271308

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 2,627-square-foot duplex was built in 1994 and includes a refreshed main residence plus an attached basement suite with its own access. The main level has three bedrooms, two bathrooms, an open living and dining arrangement, bay windows, updated cabinetry, upgraded countertops, backsplash details, accent lighting, and custom beam work. A 16x40 shop connects privately to the living room and can serve as garage, gym, or workshop space.

The basement suite adds one bedroom, one bathroom, a kitchen, and laundry, creating a self-contained secondary living area. The 0.28-acre property also provides backyard space for RV parking, recreational equipment, or future expansion. Central air, natural gas and electric heating, and an asphalt roof are included.

Key Highlights

  • 2,627‑square‑foot duplex on a 0.28‑acre lot
  • Attached basement suite with separate access, one bedroom, one bathroom, kitchen, and laundry
  • 16x40 shop with private connection to the main living room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,362
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,240 $487.2K
Cap Rate 7%
$348,029 $348.0K
Cap Rate 9%
$270,689 $270.7K
Market Conditions
NOI Build-Up for 2,627 SF
Gross rent
$36.3K $13.80/SF
− Vacancy
−$1.5K −$0.55/SF
EGI
$34.8K $13.25/SF
− OpEx
−$10.4K −$3.97/SF
NOI
$24.4K $9.27/SF
Area
Iron County, UT
Vacancy
4.00%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,240
Cap Rate 7%
$348,029
Cap Rate 9%
$270,689

Alternative Uses

Best Use
Multifamily LT 5
$348.0K
$304.5K – $406.0K (±1% cap)
NOI $24,362 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$309.8K
$271.0K – $361.4K (±1% cap)
NOI $21,683 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$536.5K
$469.5K – $625.9K (±1% cap)
NOI $37,556 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store Electrical Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

Demographics for 84721, UT

27,329
Population
9,638
Households
2.8
Avg Household Size
29
Median Age
29%
College-Educated
92%
High-School Grad
186.9 sq mi
ZIP Area
146
Density / Sq Mi
$73,342
Median Household Income
$30,662
Median Earnings
$1,076
Median Rent
$345,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Refreshed duplex with a separate-access basement suite and flexible shop space for additional functionality.
Where is this duplex located?
The property is located at 320 E 2100 N Cir Cedar City, UT.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: 2,627‑square‑foot duplex on a 0.28‑acre lot; Attached basement suite with separate access, one bedroom, one bathroom, kitchen, and laundry; 16x40 shop with private connection to the main living room
More about this property
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