Rare opportunity for an established 24 unit student apartment building in the middle of Cedar City! The property consists of two 12 plex apartment buildings that are each 3 stories tall, making up 96 bedrooms in total. Each apartment unit floor plan consists of 4 bed 2.5 bath with it's own kitchen, living room/dining area & laundry. Newly built in 2018, the apartment building and units are in great shape. As a student rental, the building has been receiving around $550 per month per private bedroom. The landlord is currently paying all of the utilities. Plenty of parking with 125 parking stalls. With being around 1 mile from the SUU campus, this building is ideal to be used as a student housing complex. SUU is projected to continue to grow. Don't delay, come see today!
For sale
Price cut: $300K (7/14)
$7,200,000
1130 Cedar Knls S, Cedar City, UT 84720
--beds
0baths
33,264sqft
:
Get pre-qualified$42,748/mo
Multi Family
Built in 2018
-- sqft lot
$-- Zestimate®
$216/sqft
$-- HOA
What's special
Own kitchen
- 341 days |
- 74 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Jesse Guy Carter 435-590-0798,
Stratum Real Estate Group So Branch
Source: WCBR,MLS#: 25-264208
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Cooling
- Central Air
Interior area
- Total structure area: 33,264
- Total interior livable area: 33,264 sqft
- Finished area above ground: 0
Property
Features
- Stories: 3
Lot
- Size: 1.73 Acres
Details
- Parcel number: See Private Remarks
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Other - See Remarks
- Year built: 2018
Community & HOA
Location
- Region: Cedar City
Financial & listing details
- Price per square foot: $216/sqft
- Tax assessed value: $2,802,311
- Annual tax amount: $12,100
- Date on market: 8/20/2025
- Cumulative days on market: 343 days
- Listing terms: Conventional,Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,752/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $6,900,000-4.2%$207/sqft |
Source: ICBOR #112727 Report a problem | ||
| 3/26/2026 | Price change | $7,200,000-2.7%$216/sqft |
Source: WCBR #25-264208 Report a problem | ||
| 9/2/2025 | Listing removed | $505 |
Source: Zillow Rentals Report a problem | ||
| 8/20/2025 | Listed for sale | $7,400,000$222/sqft |
Source: ICBOR #112727 Report a problem | ||
| 6/26/2025 | Price change | $505-3.8% |
Source: Zillow Rentals Report a problem | ||
| 1/13/2025 | Listed for rent | $525 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,988 -0.9% | $1,541,270 +1.5% |
| 2023 | $12,100 -5.1% | $1,518,060 |
| 2022 | $12,750 -9.4% | $1,518,060 -0.9% |
| 2021 | $14,077 | $1,531,235 -0.9% |
| 2020 | -- | $1,544,415 |
| 2019 | $16,738 +560.8% | $1,544,415 +583.1% |
| 2018 | $2,533 -8.5% | $226,075 -0.2% |
| 2017 | $2,769 | $226,600 |
| 2016 | $2,769 | $226,600 |
| 2015 | $2,769 -11.3% | $226,600 |
| 2014 | $3,123 -20.3% | $226,600 -11.6% |
| 2012 | $3,916 +9.2% | $256,220 |
| 2011 | $3,587 +8.3% | $256,220 -20% |
| 2010 | $3,313 | $320,280 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 84720
Nearby schools
GreatSchools rating
- 6/10Cedar South SchoolGrades: K-5Distance: 0.9 mi
- 7/10Cedar Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Cedar City High SchoolGrades: 9-12Distance: 0.6 mi
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