1854/1852 N Wedgewood LN, Cedar City, UT 84721

$1,650,000

Property Type: MultiFamily Square Footage: 7,951 Lot Size (sq. ft.): 39,204 Status: Closed

Current Price: $1,650,000 List Date: 11/29/2023 Last Modified: 7/29/2025

Overview

Description

Fantastic investment property in Fiddlers Canyon. 2 separate tax IDs and parcel numbers/seller would like to sell them together as one sale. 4-plex built in 1995, each unit has 1 car garage. Southern side 3 bedroom 2 bathrooms, Northern side units have 2 bedrooms 1 full bath. Duplex built in 2002-unit 1856 on the south side & 1858 on the North side with 1 car garage under each unit plus 2 separate access garages that can be rented to tenants individually. Single family home built in 2000, one level 1,800 sf. w/oversized 3 car garage plus storage room. Additional 1 car garage that can be rented out to tenants separately. This fantastic investment property would be perfect for an on-site owner in the main house. Seller may consider seller financing with at least $700,000 down.

Listing Details MLS# 23-246474

Location, Tax & Legal

House Number: 1854/1852
Street Direction Pfx: N
Street Name: Wedgewood
Street Suffix: LN
MLS Area: Outside Area
State/Province: UT
Postal Code: 84721
County: Iron
Tax ID: 0397676

Contract Info

Original List Price: 1750000
Short Sale Status: No

General Prop Info

Realtor.com: Multi-Family
Lot Acres: 0.9
Hot Tub YN: Yes
Pool Private YN: No
Lot Irregular: Yes
Year Built: 2000
# of Buildings: 3
Number of Units: 7
Total SqFt: 7951
# Floors: 2
Elevators: No
HOA Transfer Fee: No

Status Change Info

Sold Date: 2024-05-30
Under Contract Date: 2024-04-19
Sold Price/SqFt: 213.81

Annual Grs Rntl Inc

# 2 Bedroom Units: 4
2 Bedroom Total Rent: 54000
# 3 Bedroom Units: 3
3 Bedroom Rent: 54000

Annual Oper Expenses

Real Estate Taxes: 3767.69

More Information

Property Features

Construction: Wood Frame Separate Meters: Electric; Gas Roof: Asphalt Heating: Gas FA Air Conditioning: Central Air Showing Instructions: Call Listing Agent Zoning: Commercial Terms of Sale: 1031 Exchange; Cash; Conventional; Seller Financing

Documents

Property Details ›

Listing Office: ERA Realty Center

Last Updated: July - 29 - 2025

Broker Attribution: 435-586-2777

Information deemed reliable but not guaranteed.