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1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
1 N 300 E
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$1,200,000

1 N 300 E

1,046 Sq.Ft. 0.4 Acres

Description

Investment Opportunity in the Heart of Cedar City! Exceptional 5-unit apartment complex ideally located in the center of town, directly across from East Elementary and just minutes from Southern Utah University and Cedar High School, offering strong rental appeal and convenience. Each thoughtfully designed unit features 2 bedrooms, 1.5 bathrooms, and a unique 3-level layout with a 2-car garage on the main level, living spaces on the second level, and bedrooms with a full bathroom on the upper level.

Quality construction shines throughout with 14'' TJI floor systems and two fully insulated walls between units, providing exceptional sound reduction and privacy. Each unit includes a welcoming mudroom entry, electric baseboard heat, washer and dryer conveniently located near the bedrooms, a dedicated laundry cabinet with hanging bar, and additional storage tucked beneath the garage staircase. Enjoy outdoor living with decks on both upper levels, plus ample uncovered parking in addition to each unit's private 2-car garage.

Rare opportunity for future expansion with potential to add 5 additional units on the property (buyer to verify all zoning, density, and development possibilities). Whether expanding your investment portfolio or pursuing a value-add opportunity, this property offers strong income potential in a highly desirable location near schools, university amenities, and everyday conveniences.

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Location

1 N 300 E, Cedar City, UT 84720

Status

For Sale
Tayler Christensen

Tayler Christensen

TITLE

REALTOR®

LICENSE

95577771-SA00

Property Amenities

Interior
Flooring Carpet, Luxury Vinyl
Area & Lot
Total area 1,046 Sq.Ft.
Lot Area 0.4 Acres
Living area 1,046 Sq.Ft.
MLS® ID 116684
Year Built 1985
High School Cedar
Middle School Cedar
Elementary School Cedar East
Type Multi-Family
Status For Sale
Exterior
Heat type Natural Gas, Baseboard, Forced Air, Heat Pump
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Electric Separate, Gas Separate, Culinary, City
Finance
Sales Price $1,200,000
Real Estate Tax $1,582 yearly
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Thank you for your interest in 1 N 300 E, Cedar City, UT 84720. We are reviewing your request and will be in touch shortly!

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Cedar City

Work With Us

Buying or selling a home is one of life’s most meaningful decisions, and having a trusted team by your side makes all the difference. With over 30 years of combined experience and deep ties to the Cedar City community, The Christensen Team offers thoughtful guidance and a highly personalized approach to every transaction. From strategy and negotiations to closing day, we ensure a smooth, seamless experience built on expertise, dedication, and proven results.