Features & Amenities

Interior

  • Other Interior Features

    Walk-In Closet(s)

  • Total Bedrooms

    3

  • Bathrooms

    2

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Parking

    Attached, Garage

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Mountain(s)

Area & Lot

  • Lot Size(acres)

    1045.0

  • Lot Size(square feet)

    45520200

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Townhouse; Row-mid

Price

  • Sales Price

    $360,000

  • Tax Amount

    $1,750

  • Zoning

    R-3

  • Sq. Footage

    1, 400

  • Price/SqFt

    $257

HOA

  • Association

    Yes

  • Association Fee

    $150

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Iron

  • Middle School

    Cedar Middle School

  • High School

    Cedar

Property Features

  • Stories

    2

  • New Construction

    NO

  • Accessibility Features

    Accessible Hallway(s)

  • Association Amenities

    Barbecue, Maintenance, Picnic Area, Playground, Trash, Water

  • Senior Community YN

    NO

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Location

County

Iron

Elementary School

Iron

Middle School

Cedar Middle School

High School

Cedar

Listing Courtesy of Jennifer Misbach , Century 21 Lifestyle Real Estate

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Turnkey investment opportunity in the Cedar City! This home boasts a current cap rate of over 5% with 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 parks, Brian Head ski resort, world-class hiking, dark-sky stargazing, and the renowned Utah Shakespeare Festival, which welcomes over 100,000 visitors annually. The current owners have already built a successful turnkey system for the next investor, with more than 12 summer bookings currently on the calendar and 27 five-star Airbnb reviews. Everything is already in place, including the Airbnb listing and online presence, professional cleaners, student housing lease agreements, and student cleaning documents, making for a seamless transition and immediate income opportunity. Inside, you'll find durable LVP flooring, quartz countertops, smart locks, modern finishes, and a functional open layout designed for low-maintenance ownership. The property is fully furnished and ready for immediate rental income. Additional features include basement crawl space storage and a spacious two-car garage. Conveniently located near SUU, shopping, dining, and entertainment, with easy access to national parks, only 30 minutes to ski resorts and approximately 45 minutes to St. George. Whether you're expanding your portfolio, seeking a 1031 exchange opportunity, or entering the short-term rental market, this property offers flexibility, location, and proven income potential.

529 S MAY DR

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