For sale MLS# 2173957 · 95 days on the market
$850,000
It starts with a call with an agent.
240 N 100 E, Cedar City, UT 84721
About this home
INVESTOR/DEVERLOPER ALERT! This is a rare, one of a kind property that is an investor/developer's dream with potentially fitting up to 24 units! Located in the middle of Cedar City, across from the City Park and City Library, the location doesn't get any better than this! Right in the middle of everything that Cedar City has to offer, the property is located less then a block away from Cedar City's historic downtown Main Street. With the zoning of R3-M, the possibilities are nearly endless for what could be done with the development of this parcel. All of the utilities are either stubbed to the property or are close by. The city recently built the parking lot to the north of this property. Don't delay, come see today!
Written by the listing agent.
Location
The market in Cedar City today
$850,000 is 254% above the median asking price in Cedar City.
16% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in Cedar City
Cedar City is the largest city in Iron County, located 250 miles south of Salt Lake City and 170 miles north of Las Vegas on Interstate 15, and is home to Southern Utah University and the Utah Shakespeare Festival.
- 35,235 residents (2020)
- 11 named trails
- 15 named parks
Monthly payment
- Principal & interest
- $4,710
- Property tax
- $124
- Home insurance
- $110
10% down ($85,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 1.03 acres
- County
- Iron
- Zoning
- Multi-Family
- Terms
- Cash, Conventional, Seller Finance
- Curb & Gutter
- Fenced: Part
- Sidewalks
- View: Mountain
- Terrain: Flat
- Natural Gas Available
- Electricity Available
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Iron
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Listing courtesy of Stratum Real Estate Group PLLC (South Branch) / Jesse G Carter. Based on information from UtahRealEstate.com as of 10/14/2026 4:32 PM. 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.