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535 W 2530 N, Cedar City, UT — photo 11 / 24

$1,429,000

535 W 2530 N, Cedar City, UT 84721

Units

6

Price/Unit

$238,167

Price/Sqft

$198

Est Gross Yield

7.5%

$106,560/yr est.

Property Details

Property typeMultifamily
Year built2027
Total units6
Living area7,212 sqft
Bedrooms16
Bathrooms9
Lot size0.06 acres
Parking12 spaces
Days on market58
Listed2026-08-15T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
3BR / 3BA4331,279—
2BR / 2BA222991—
Total616167,098—

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

Calling all investors! This 6-plex at Cedar Breaks is currently under construction and offers an excellent opportunity in a fast-growing market, with each of the six townhome units assigned its own parcel number. Built by Desert Sage Home Builders, these homes are being constructed with quality materials, thoughtful design, and an accessible price point. Each unit is planned to include two covered carport spaces, a functional open floor plan, and a well-appointed kitchen with painted or stained cabinetry, quartz countertops, and a spacious corner pantry. The kitchen opens to the great room, creating a comfortable and inviting main living space. A convenient powder bathroom is located on the main level, and each unit will also include an enclosed backyard for additional private outdoor space. The Cedar Breaks community is ideally located with quick and easy access to I-15, offering convenient connectivity to surrounding amenities and destinations. With six individually parceled units, quality construction, and a desirable location, this property presents a compelling investment opportunity. HOA fees are $40, and additional $60 for utilities per unit.

Listed by Nathan Shaffer · Element Real Estate Brokers LLC

Location

535 W 2530 N, Cedar City, UT 84721

Proforma

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Cap Rate

4.96%

Cash-on-Cash

0.75%

Cash Flow

$336/mo

Purchase Price$1,429,000
Down Payment35% ($500,150)
Interest Rate6.00%
Monthly Rent$8,880/mo
Vacancy5%
Expense Ratio30% ($30,370)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/12/2026, 12:02:49 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.