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Downtown Duplex with Parking
For Sale
$550,000

464 E 700 St S, St George, UT 84770

Two separate residences feature laundry hookups, off-street parking, and newer HVAC, roofing, and water-heating systems.

Property Size1,994 SF
Price / SF$275.83
Days on Market66

Property Features for 464 E 700 St S

General Information

Standard status Active
Size 1,994 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Amenities

washer/dryer hookups

Building Details

Year Built 1968
Buildings 1
Listing Agency: RED ROCK REAL ESTATE
Listed By: LOUIS J GARRETT
Source: Utahluxuryhometeam
Added: Aug 2 Changed: Oct 6 Last Checked: Oct 5 at 10:32PM

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.

This two-unit duplex contains 1,994 square feet and was built in 1968. The residence mix includes one three-bedroom, two-bath unit and one two-bedroom, one-bath unit. Each unit has washer and dryer hookups, while off-street parking and low-maintenance landscaping support day-to-day operations. Newer HVAC equipment, roofing, and water heaters add to the property’s existing improvements.

Located at 464 E 700 St S in downtown St. George, the property is near restaurants, shops, transit, and major employers. Its central setting places everyday services and transportation options within the surrounding downtown area. The two-unit layout provides a straightforward residential income configuration with distinct living spaces and separately equipped laundry areas.

Key Highlights

  • Two‑unit duplex totaling 1,994 square feet
  • Unit A includes 3 beds and 2 baths
  • Unit B includes 2 beds and 1 bath

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 (±1% cap)
NOI $23,994 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$316.5K
$277.0K – $369.3K (±1% cap)
NOI $22,156 @ 7.0% cap · market cap 4.03%
Theoretical Best
Specialty Retail
$549.1K
$480.5K – $640.6K (±1% cap)
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

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Restaurant Grocery & Convenience Store Pet Grooming Service Tanning Salon

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,318
Businesses Nearby

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
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 - Two separate residences feature laundry hookups, off-street parking, and newer HVAC, roofing, and water-heating 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 totaling 1,994 square feet; Unit A includes 3 beds and 2 baths; Unit B includes 2 beds and 1 bath
More about this property
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