261 N Redwood Rd W, Salt Lake City, UT 84116
Local realty services provided by:Better Homes and Gardens Real Estate Momentum
261 N Redwood Rd W,Salt Lake City, UT 84116
$2,000,000
- 0.94 Acres
- Lots / Land
- Active
Listed by:chereneh d konold
Office:red butte realty
MLS#:2115048
Source:SL
Price summary
- Price:$2,000,000
About this home
4 Great Land development opportunity.( There is an income-producing 4-plex on the property) 0.94 Acres. The value of this property is in the land for developing new homes or apartments. There are two different entryways to the property, one off of Redwood Road and the other off of Gemini Street. Great investment for Apartments or New townhomes to be built. There is a four-plex on the front of the land that brings in a monthly cash flow of around $4,000. Bring your builder, great location close to Trax. Figures are provided as a courtesy estimate only; the Buyer is advised to obtain independent measurements. DO NOT DISTURB TENANTS!! Seller is participating in a 1031; cooperation is requested.
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Home facts
- Listing ID #:2115048
- Added:1 day(s) ago
- Updated:October 02, 2025 at 06:55 PM
Structure and exterior
- Lot area:0.94 Acres
Schools
- High school:West
- Middle school:Northwest
- Elementary school:Meadowlark
Finances and disclosures
- Price:$2,000,000
- Tax amount:$5,889
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