529 S May Dr
Cedar City, UT 84720
3
Bed
2
Bath
1,400Sqft
0.02Acre(Lot)
Cap rate over 5%!!! INVESTORS or parents of students headed to SUU for school, take a look! Turnkey investment opportunity in the Cedar City! This home boasts a current cap rate of over 5% with current business model, year-round income potential. Built in 2023, this like-new 3-bedroom, 2-bath townhome offers approximately 1,400 sq ft and is perfectly positioned for investors seeking strong cash flow and multiple rental strategies. Currently operating as a furnished short-term summer rental and school year student housing property, this property benefits from Cedar City's growing tourism, thriving arts scene, and nearly 10,000-student university population. Targeted for Airbnb, vacation rental, and Southern Utah University student housing, Visitors are drawn year-round by nearby national p
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 10 Basement: None -
Flooring Information
Carpet -
Roofing Information
Asphalt -
Interior Features
Walk-In Closet(s) Roof: Asphalt Appliances: Disposal, Oven, Range, Gas Range, Dryer, Microwave, Range Hood, Refrigerator, Washer Laundry Features: Electric Dryer Hookup Window Features: Window Coverings, Blinds, Double Pane Windows -
Heating & Cooling
Has Heating: Yes Heating: Central, Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 2023 Building Area Total: 1400 Stories: 2 Frontage Length: 0.0 Private Pool: No View: Mountain(s) Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: 0.0x0.0x0.0 Main Square Feet: 0.02 Acres Lot Size Acres: 0.02 Lot Size Square Feet: 871.2Property Information
Subdivision: OLD SORREL TOWNHOMES PUD Source Property Type: Residential Zoning Description: R-3 Property SubType: Townhouse Direction Faces: East Property Age: 3
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Listing Price Information
Listing Price: $350000 Original Price: $360000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: B-1857-1044-0000 Annual Tax: $1750
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Parking Information
Parking Total: 4 Attached, GarageGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 2Homeowners Association InformationHas Association: Yes Included Fees: Maintenance Grounds, Trash, Water HOA: $150.00 Association Amenities: Barbecue, Maintenance, Picnic Area, Playground, Trash, Water
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School Information
Elementary School: NorthJunior High School: Cedar Middle SchoolSenior High School: Cedar -
Utility Information
Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected -
Location Information
Security Features: Security System, Fire Alarm
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 920 S 25 #22E, Cedar City, UT, 84720 | $265,000 | 3 | 3 | 1,240 | 1,240 SqFt |
| 2988 W Ezra Dr, Cedar City, UT, 84720 | $320,000 | 3 | 3 | 2,187 | 2,187 SqFt |
| 51 S 4375 #24, Cedar City, UT, 84720 | $314,900 | 3 | 3 | 1,706 | 1,706 SqFt |
| 51 S 4375 #32, Cedar City, UT, 84720 | $314,900 | 3 | 3 | 1,716 | 1,716 SqFt |
Similar Townhouse To 529 S May Dr
Nearby For Sale
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 06/07/2026 @ 22:34. 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.
ByOwner last updated this listing 06/07/2026 @ 22:34
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