Triplex with Separate Utility
858 S 170 W, Cedar City, UT 84720
For Sale
$614,900
MultiFamily, Cedar City, UT
Property Size2,169 SF
Lot Size0.23 Acres
Price / SF$283.49
Days on Market47
Property Features for 858 S 170 W
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Directions
Subdivision
Special listing conditions
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
laundry hookups
off-street parking
Building Details
Year built
Floors in Building
Number of units
Roof type
Listing Agency:
ERA Realty Center
(435) 586-2777
Listed By:
Tayler D Christensen
(435) 592-3380
Added: Sep 24
Changed: Nov 6
Last Checked: Nov 9 at 4:06AM
MLS# 26-276475
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.
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Investment Insights
Based on property information with market context.
Built in 2007, this three-unit property contains two residences with three bedrooms and two bathrooms each, plus a third with two bedrooms and one and a half bathrooms. The building totals 2,169 square feet on a 0.23-acre parcel. Natural gas heating, central air conditioning, and an asphalt roof serve the property. Each unit has laundry hookups, and utilities are separately metered for each residence.
The property is near SUU, shopping, and restaurants in Cedar City. Off-street parking is available.
The property is near SUU, shopping, and restaurants in Cedar City. Off-street parking is available.
Key Highlights
- Three units: two 3‑bedroom, 2‑bath residences and one 2‑bedroom, 1.5‑bath residence
- 2,169‑square‑foot building on a 0.23‑acre lot
- Separate utility meters and laundry hookups for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,114
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,280
$402.3K
Cap Rate 7%
$287,343
$287.3K
Cap Rate 9%
$223,489
$223.5K
Market Conditions
NOI Build-Up for 2,169 SF
Gross rent
$29.9K $13.80/SF
− Vacancy
−$1.2K −$0.55/SF
EGI
$28.7K $13.25/SF
− OpEx
−$8.6K −$3.97/SF
NOI
$20.1K $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%
$402,280
Cap Rate 7%
$287,343
Cap Rate 9%
$223,489
Alternative Uses
Best Use
Multifamily LT 5
$287.3K
$251.4K – $335.2K
NOI $20,114 @ 7.0% cap · market cap 3.27%
Second Best
Apartment 5plus
$255.8K
$223.8K – $298.4K
NOI $17,903 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$443.0K
$387.6K – $516.8K
NOI $31,008 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
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Business Placement
Demographics for 84720, UT
23,607
Population
8,984
Households
2.6
Avg Household Size
28
Median Age
35%
College-Educated
95%
High-School Grad
341.5 sq mi
ZIP Area
69
Density / Sq Mi
$63,742
Median Household Income
$29,979
Median Earnings
$932
Median Rent
$357,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence has individual laundry hookups and separately metered utilities.
Where is this triplex located?
The property is located at 858 S 170 W Cedar City, UT.
What is the asking price?
The asking price for this property is $614,900.
What are key features of this property?
This property features: Three units: two 3‑bedroom, 2‑bath residences and one 2‑bedroom, 1.5‑bath residence; 2,169‑square‑foot building on a 0.23‑acre lot; Separate utility meters and laundry hookups for each unit
