Versatile Multifamily Property with Mountain
539 S Ridge Rd, Cedar City, UT 84720
MULTI_FAMILY - Cedar City, UT
Property size:
3,500 SFLot size:
0.36 AcresPrice / SF:
$165/SF- Added:
- Apr 30, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 17 at 6:06 pm
Property Features for 539 S Ridge Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- -B-1150-0002-0000
- Size
- 3,500 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1762
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Asphalt
Listing agent Tayler D Christensen (435) 592-3380
Listing office ERA Realty Center 259 W 200 N, CEDAR CITY, UT (435) 586-2777
Listing date Apr 30, 2026
MLS# 26-271867
Listing URL
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.
HighLights
- Separate ADU with kitchen, bedroom, bathroom, and parking: Ideal for guests or rental income.
- Solar panels completely paid off: Provides low energy bills and significant monthly savings.
- Main‑level primary suite with updated bathroom: Features his‑and‑hers closets, double vanity, and spa‑style shower.
- Basement with separate apartment setup: Offers flexibility for multigenerational living or rental potential.
- Fully fenced yard with water‑smart landscaping: Includes native plants, raised garden beds, and space for a greenhouse or chicken coop.
- Newer roof, water heater, and furnace: Provides peace of mind and reduces potential maintenance costs.
Overview
This multifamily property, tucked away for added privacy, offers mountain and city views. The home features a main-level primary suite, his-and-hers closets, and an updated bathroom with a double vanity, spa-style shower system, and rain shower head. Granite countertops, a full suite of appliances including a gas cooktop, and a second kitchen add style and convenience. The basement offers flexibility with a separate apartment setup, additional laundry area, and ample storage, suitable for multigenerational living or rental potential. The attached ADU includes its own kitchen, bedroom, bathroom, and parking, making it a guest space or income opportunity. The property includes a fully fenced yard with water-smart landscaping, native plants, raised garden beds, and space for a greenhouse or chicken coop. A dog run and optional playground equipment add functionality. The property also features a newer roof, water heater, and furnace. Solar panels provide low energy bills and will be completely paid off. Additional highlights include two laundry areas, a garage with workspace, and access to nearby amenities, all within a desirable school district. The lot size is 0.36 acres, and the property size is 3500 square feet. The property is located in Cedar City, UT.
Local 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 | $48.3k | $13.80 |
| − Vacancy | −$1.9k | −$0.55 |
| EGI | $46.4k | $13.25 |
| − OpEx | −$13.9k | −$3.97 |
| NOI | $32.5k | $9.27 |
3,500 SF · lease $13.80/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$463.7K
$405.7K – $541.0K
NOI $32,458 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$412.7K
$361.1K – $481.5K
NOI $28,889 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$714.8K
$625.5K – $833.9K
NOI $50,036 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Cedar City
- County
- Iron
- State
- Utah
- Longitude
- -113.083071
- Latitude
- 37.667767
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Multifamily property with ADU, solar panels, and mountain views.
Where is this duplex located?
The property is located at 539 S Ridge Rd Cedar City, UT.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Separate ADU with kitchen, bedroom, bathroom, and parking: Ideal for guests or rental income.; Solar panels completely paid off: Provides low energy bills and significant monthly savings.; Main‑level primary suite with updated bathroom: Features his‑and‑hers closets, double vanity, and spa‑style shower.
