
4,686 SqFt
4,686 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,686 sqft
Price per Sqft $229
MLS Listing ID 26-268360
Year Built 2005
Annual Tax Amount $1,626
Lot Size 0.620 Acres
Acres 0.62
Source Washington County Board of REALTORS®
Land Area 4686
Property Description
Both duplexes sit on spacious parcels, including a corner lot, offering enhanced curb appeal, improved access, and increased long-term marketability. Corner positioning often provides better visibility, more accessible parking, and an open feel that tenants appreciate. Plus, with no HOA, tenants enjoy greater flexibility and fewer restrictions, helping support consistent occupancy and long-term retention.
All four units offer 3 bedrooms, 2 bathrooms, and a 1-car attached garage, each designed with a functional, tenant-friendly layout. The interiors feature open-concept living and kitchen areas, thoughtfully designed with ample cabinet storage and generous countertop space, meeting the expectations of today's renters. In the corner-lot units, the side entry was repositioned to maximize kitchen efficiency, resulting in even more usable cabinetry and workspace.
Each unit provides direct garage access just off the kitchen, while a hallway beyond leads to the bedrooms and bathrooms. The primary bedroom in every unit offers direct access to a private, uncovered rear patio.
Large laundry rooms in every unit add an extra level of functionality rarely found in comparable rentals, giving tenants additional storage and usability. All units also feature fully fenced backyards, offering privacy, security, and outdoor space that is highly desirable for long-term tenants.The units on the corner parcel include larger 1-car garages along with an additional approximately 180 SF patio/carport space.
Significant recent updates include new kitchen, bathroom, and laundry room flooring in all four units (completed March 2026), helping minimize near-term maintenance costs while enhancing the overall finish and livability of each unit.
A standout feature of the property is the 20' x 28' detached RV garage, ideally located on the corner of Nichols Canyon & Wedgewood. This versatile structure offers additional income potential. Use it for personal storage, lease it separately, or offer it as a premium amenity to tenants.
The location provides excellent accessibility to key destinations, making it highly attractive for renters:
2 minutes to the I-15 interchange (Exit 62)
6 minutes to Cedar City Intermountain Hospital
7 minutes to Downtown Cedar City
8 minutes to Southern Utah University
9 minutes to Cedar City Regional Airport
10 minutes to Providence Center
50 minutes to St. George
2.5 hours to Las Vegas
3.5 hours to Salt Lake City
With multiple income streams, desirable unit layouts, recent updates, and a highly accessible location, this is a compelling investment opportunity with flexibility for a variety of ownership strategies.
Location
State UT
County Iron
Area Outside Area
Zoning Commercial
Direction From northbound I-15, take Exit 62, then turn right to head south-east on Main Street. In 0.5 mile, turn left onto Nichols Canyon Rd (2300 N). The units are on the left on the corner of Nichols Canyon and Wedgewood Ln.
Interior
Heating Gas FA
Cooling Central Air
Exterior
View Y/N No
Roof Type Asphalt
Garage Yes
Building
Story 1
New Construction No
Schools
School District Out Of Area
Others
Senior Community No
Tax ID B-1787-0005-0000
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash


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