Utah's Premier | OnX Realty

1414 N 625 W

Cedar City, UT 84721

Up And Down

Cedar City, UT 84721

1414 N 625 W

$875,000

MLS#: 2161730

Status: Active

Listing provided by: Cornerstone Real Estate Professionals, LLC

Listing agent phone: None

Last update: 20 hours ago

New on site 1 day ago

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PHEASANT RUN SUBDIVISION - Residential Income

About

Fantastic turn-key off-campus student housing investment property. This fully furnished 4-plex has 4 bedrooms and 2 bathrooms in each unit for a total of 16 beds and 8 bathrooms. Currently, pricing is by the bed, per semester. The summer semester is $850, and the school year semesters are $1,850 each. Tenant also pays $65/month per tenant for utilities and internet. 2025 laundry income was $1,000.50. Full financials and APOD available.

Property

Beds

16

Full Baths

None

1/2 Baths

None

Year Built

1997

Sq.Footage

4,453

Features

Features & Amenities

Interior

  • Total Bedrooms

    16

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Other Exterior Features

    Lighting

  • Patio and Porch Features

    Covered

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.32

  • Lot Size(square feet)

    13939.2

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Up And Down

Price

  • Sales Price

    $875,000

  • Tax Amount

    $2,025

  • Sq. Footage

    4, 453

  • Price/SqFt

    $196

HOA

  • Association

    No

School District

  • Elementary School

    Iron

  • Middle School

    Canyon View Middle

  • High School

    Canyon View

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule

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Location

  • County

    Iron

  • Elementary School

    Iron

  • Middle School

    Canyon View Middle

  • High School

    Canyon View

Listing Courtesy of Robert Brown , Cornerstone Real Estate Professionals, LLC

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Agent Damon Luke

Damon Luke

President / Real Estate Advisor

Call Damon today to schedule a private showing.

Phone (801) 882-4009

Email Damon@OnXrealty.com


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2 DUPLEXES + GARAGE ON 2 PARCELS OFFERED TOGETHER. This unique investment opportunity is zoned Central Commercial and provides ultimate flexibility and income potential. 577/579 features 3 beds & 2 baths across 1,117 SF and a 1-car garage per side. It sits on a .29-acre lot and was built in 2005. Next door, 591/593 offers 3 beds & 2 baths across 1,226 SF, a larger 1-car garage, an additional 180 SF carport/patio area, and detached 20' x 28' RV garage, all located on a .33-acre corner lot and built in 2007. Use the garage for your own storage or rent it out for additional income. All maintenance is up-to-date! Kitchen, bathroom, & laundry in all units replaced March 2026. This rare multi-property package is an opportunity you won't want to miss. DO NOT DISTURB TENANTS. APPOINTMENT REQUIRED. This rare multi-property package presents an exceptional opportunity for investors seeking strong rental performance, or even for an owner-occupant or on-site property manager looking to enter or expand within investment real estate. 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.
#26-268360

Cedar City

577-593 E Nichols Canyon Rd 577-579 & 591-593 + RV Garage

None Beds

None Baths

4,686 Sq.Ft.

$1,010,000

MLS#: 26-268360

Fantastic turn-key off-campus student housing investment property. This fully furnished 4-plex has 4 bedrooms and 2 bathrooms in each unit for a total of 16 beds and 8 bathrooms. Currently, pricing is by the bed, per semester. The summer semester is $850, and the school year semesters are $1,850 each. Tenant also pays $65/month per tenant for utilities and internet. 2025 laundry income was $1,000.50. Full financials and APOD available.

1414 N 625 W

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