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About this home
This home for sale at 1130 S CEDAR KNOLLS Cedar City, UT 84720 has been listed at $7,400,000 and has been on the market for 147 days.
Full description
Rare opportunity for an established 24 unit student apartment building in the middle of Cedar City! The property consists of two 12 plex apartment buildings that are each 3 stories tall, making up 96 bedrooms in total. Each apartment unit floor plan consists of 4 bed 2.5 bath with it's own kitchen, living room/dining area & laundry. Newly built in 2018, the apartment building and units are in great shape. As a student rental, the building has been receiving around $550 per month per private bedroom. The landlord is currently paying all of the utilities. Plenty of parking with 125 parking stalls. With being around 1 mile from the SUU campus, this building is ideal to be used as a student housing complex. SUU is projected to continue to grow. Don't delay, come see today!
Property highlights
- Each apartment unit floor plan consists of 4 bed 2. 5 bath with it's own kitchen, living room/dining area & laundry. .
- As a student rental, the building has been receiving around $550 per month per private bedroom. .
- Rare opportunity for an established 24 unit student apartment building in the middle of Cedar City!
- The property consists of two 12 plex apartment buildings that are each 3 stories tall, making up 96 bedrooms in total. .
- Newly built in 2018, the apartment building and units are in great shape. .
- Luxury property with premium finishes and exceptional attention to detail.
Property details
- Property Type
- Residential
- Sub-type
- > 4 Units
- Status
- Active
- Days on Market
- 147
- Bedrooms
- 96
- Bathrooms
- 48
- Year Built
- 2018
- Stories
- 0
- Living Area
- 33,264 sq ft
- Lot Size
- 1.73 acres
- Price/sqft
- $222.46
- Parking Total
- 125.00
- County
- Iron
- City
- Cedar City
- Zoning
- Multi-Family
- Tax Annual
- $12,100
- Preferred Financing
- Cash,Conventional
- Parcel #
- D-1024-0010-0006
- MLS Area
- Cedar Cty; Enoch; Pintura
- Listed By
- Stratum Real Estate Group PLLC (South Branch)
Inclusions
- Dishwasher: Portable
- Dryer
- Freezer
- Microwave
- Range
- Refrigerator
- Washer
- Window Coverings
Interior features
- Range/Oven: Free Stdng.
Building & construction
- Roof
- Asphalt
- Flooring
- Carpet,Laminate
Garage & parking
- Parking total
- 125.00
- Open parking
- 125.00
- Covered spaces
- 0.00
- RV parking
- 0.00
- Parking: Uncovered
Land description
- Curb & Gutter
- Fenced: Part
- Road: Paved
- Sidewalks
- View: Mountain
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Water Connected
Additional features
View
- Mountain(s)
Window features
- Blinds
Sewer
- Sewer: Connected
Water source
- Culinary
Other equipment
- Window Coverings
Current use
- Residential
Schools
Elementary
None/Other
Iron
Middle/Jr
None/Other
Iron
High
None/Other
Iron
Schedule a Tour with a Buyer’s Agent
Neighborhood
Walk · Transit · Bike
Most errands require a car. Minimal public transit available. It's convenient to bike for trips.
Price History
Date
Price
Change
Change %
8/21/2025
$7,400,000
$222/sqft
Listed
—
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Location
Cedar City, UT · approximate location
Listed by: Jesse G Carter · Stratum Real Estate Group PLLC (South Branch). 435-586-4874.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of Jun 14, 2026. 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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Cedar City market context
How this property sits against recent sales in the area.
This listing: $7,400,000 — 1,351.0% above the median sale price.
Cedar City market — Residential
What homes are doing.
Latest data through May 2026.
Median sale price
$510,000
+31.8% year over year
Median days on market
38
-3 days year over year
Sale-to-list ratio
98.5%
-0.52pp year over year
Homes sold last month
45
-9 year over year
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