Downtown
For Sale
$550,000
464 E 700 St S, St George, UT 84770
MultiFamily, St George, UT
Property Size1,994 SF
Lot Size0.20 Acres
Price / SF$275.83
Days on Market305
Property Features for 464 E 700 St S
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Multi-Family
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 1
Elementary school
Legacy Elementary
Middle school
Dixie Middle
High school
Dixie High
Subdivision
Greater St. George
Standard status
Active
APN
SG-1388-H
Size
1,994 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
2347
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Amenities
washer/dryer hookups
off-street parking
low-maintenance landscaping
Building Details
Year built
1968
Floors in Building
1
Number of units
2
Roof type
Tar/Gravel
Listing Agency:
RED ROCK REAL ESTATE
(435) 275-2775
Listed By:
LOUIS J GARRETT
(435) 229-3356
Added: Dec 5, 2025
Changed: Oct 2
Last Checked: Oct 6 at 9:06AM
MLS# 25-267226
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 1,994-square-foot duplex, built in 1968, contains two separate residences on a 0.2-acre lot. The unit mix includes a three-bedroom, two-bath home and a two-bedroom, one-bath home. Each residence has washer and dryer hookups, while the property also provides off-street parking and low-maintenance landscaping. Heating is supplied by natural gas, with central air conditioning in place.
The property is positioned in downtown St. George, within walking distance of restaurants, shops, transit, and major employers. The building has newer HVAC equipment, a newer roof, and newer water heaters. Source information also identifies a history of consistent occupancy and demand from long-term tenants.
The property is positioned in downtown St. George, within walking distance of restaurants, shops, transit, and major employers. The building has newer HVAC equipment, a newer roof, and newer water heaters. Source information also identifies a history of consistent occupancy and demand from long-term tenants.
Key Highlights
- Two‑unit duplex with a 3‑bedroom, 2‑bath unit and a 2‑bedroom, 1‑bath unit
- 1,994 square feet on a 0.2‑acre lot
- Built in 1968 with newer HVAC, roof, and water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,994
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,880
$479.9K
Cap Rate 7%
$342,771
$342.8K
Cap Rate 9%
$266,600
$266.6K
Market Conditions
NOI Build-Up for 1,994 SF
Gross rent
$35.9K $18.00/SF
− Vacancy
−$1.6K −$0.81/SF
EGI
$34.3K $17.19/SF
− OpEx
−$10.3K −$5.16/SF
NOI
$24.0K $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%
$479,880
Cap Rate 7%
$342,771
Cap Rate 9%
$266,600
Alternative Uses
Best Use
Multifamily LT 5
$342.8K
$299.9K – $399.9K
NOI $23,994 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$316.5K
$277.0K – $369.3K
NOI $22,156 @ 7.0% cap · market cap 4.03%
Theoretical Best
Specialty Retail
$549.1K
$480.5K – $640.6K
NOI $38,437 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,318
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with separate living spaces, laundry hookups, off-street parking, and updated core mechanical systems.
Where is this duplex located?
The property is located at 464 E 700 St S St George, UT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑unit duplex with a 3‑bedroom, 2‑bath unit and a 2‑bedroom, 1‑bath unit; 1,994 square feet on a 0.2‑acre lot; Built in 1968 with newer HVAC, roof, and water heaters
