1649 W State ST, Hurricane, UT 84737

$699,900
Property Type: MultiFamily Square Footage: 2,792 Lot Size (sq. ft.): 25,265 Status: Active
Current Price: $699,900 List Date: 7/02/2026 Last Modified: 9/04/2026

Overview

Description

Unique property in the heart of Hurricane offering income-producing potential as a residential or commercial property on 0.58 acres. Highway Commercial zoned with a grandfathered residential overlay. Located just 25 minutes from Zion National Park and only 10 minutes to both Sand Hollow State Park & Quail Creek State Park, this property is ideally positioned for a rental or 2nd home. Currently configured as a primary residence (Unit A) plus two active short-term rentals (Units B & C), with Units B & C generating $47,500 in short-term rental income in 2025. If the new owner does not intend to occupy the property but rather rent all 3 units as long-term rentals, it's estimated that the total rental income would be over $50,000 per year (about $4,175 per month). Estimated Long-Term Rent per unit = Unit A - $1,975, Unit B - $1,250, Unit C - $950. This is one of the only places in Southern Utah where you could live for free while your tenants pay your mortgage, OR own a Vacation Home that ...

Listing Details MLS# 26-273867

Location, Tax & Legal

House Number
1649
Street Direction Pfx
W
Street Name
State
Street Suffix
ST
MLS Area
Hurricane Valley
State/Province
UT
Postal Code
84737
County
Washington
Tax ID
H-3-1-33-3119

Contract Info

Original List Price
699900
Short Sale Status
No

General Prop Info

Realtor.com
Multi-Family
Lot Acres
0.58
Lot Frontage
149
Lot Depth
173
Hot Tub YN
No
Pool Private YN
No
Pool Community YN
No
Year Built
1973
# of Buildings
2
Number of Units
3
Studio Aprx SqFt
368
1 Bedroom Aprx SqFt
615
3 Bedroom Aprx SqFt
1809
Total SqFt
2792
# Floors
Yes
HOA Transfer Fee
No

Annual Grs Rntl Inc

# Studio Units
Yes
Studio Total Rent
17500
# 1 Bedroom Units
Yes
1 Bedroom Total Rent
30000
# 3 Bedroom Units
Yes
3 Bedroom Total Rent
40000
Potential Rental Inc
87500
Effective Rental Inc
87500

Annual Oper Expenses

Real Estate Taxes
2350
Property Insurance
2883
Expenses/Benefits
839
Repairs & Maint
1165
Electricity
1108
Gas
225
Sewer/Water
347
Adv/Licenses/Permits
2000
Supplies
1174
Miscellaneous
256
Pest Control
414
Landscape Maint
1000
Total Oper Expenses
13761
Net Operating Income
73739

Financial Info

P & I
3908
Interest Rate
6.75

More Information

Property Features

Construction: Brick Separate Meters: Electric; Gas Roof: Asphalt Heating: Gas FA Air Conditioning: Central Air Showing Instructions: Call Listing Agent; Key Box Zoning: Business; Commercial; Mixed Zoning; Mobile Home; Multi-Family; Residential; See Remarks Terms of Sale: 1031 Exchange; Cash; Conventional; FHA; RDA; VA Possession: Close Of Escrow; Subject To Tenant Rights
Listing Office: KW Ascend Keller Williams Realty
Last Updated: September - 04 - 2026
Information deemed reliable but not guaranteed.