261 N Redwood Rd W #1, Salt Lake City, UT 84116

Local realty services provided by:Better Homes and Gardens Real Estate Momentum
261 N Redwood Rd W #1,Salt Lake City, UT 84116
$2,000,000
  • 4 Beds
  • 4 Baths
  • 2,800 sq. ft.
  • Multi-family
  • Active
Listed by:chereneh d konold
Office:red butte realty
MLS#:2105973
Source:SL

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$714.29

About this home

4 Plex + Land Great development opportunity. 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 26 or more 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. Broker/Agent Owned

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Home facts

  • Year built:1950
  • Listing Id #:2105973
  • Added:1 day(s) ago
  • Updated:August 20, 2025 at 11:24 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Living area:2,800 sq. ft.

Structure and exterior

  • Year built:1950
  • Building area:2,800 sq. ft.
  • Lot area:0.94 Acres

Schools

  • High school:West
  • Middle school:Northwest
  • Elementary school:Meadowlark

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$714.29
  • Tax amount:$5,889