261 N REDWOOD RD #1 Salt Lake City UT 84116
Price Reduced

MLS# 2105973 • 203 Days on Market • Residential

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

$1,700,000

$-300,000 (91 Days Ago)

$607/SF • $/month |

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Listed By Red Butte Realty, Chereneh D Konold, 801-573-8264. | Data Source: © 2026 Wasatch Front Regional Multiple Listing Service, Inc.

Description

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

Property Details

Year Built 1950
Style Side By Side
Taxes $5,889

Schools

Meadowlark Elementary

Northwest Jr. High

West High School

$1,700,000

$-300,000 (91 Days Ago)

$607/SF • $/month

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Point of Interest Map

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