Property 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
Features
- Architectural Style:
- Side By Side
Address Map
- Country:
- US
- State:
- UT
- County:
- Salt Lake
- City:
- Salt Lake City
- Zipcode:
- 84116
- Street:
- REDWOOD
- Street Number:
- 261
- Street Suffix:
- RD
- Longitude:
- W112° 3' 36.9''
- Latitude:
- N40° 46' 31.5''
- Direction Faces:
- East
- Mls Area Major:
- Salt Lake City; Rose Park
- Street Dir Prefix:
- N
- Street Dir Suffix:
- W
- Unit Number:
- 1
Neighborhood
- Elementary School:
- Meadowlark
- Elementary School District:
- Salt Lake
- High School:
- West
- High School District:
- Salt Lake
- Middle Or Junior School District:
- Salt Lake
- Middle School:
- Northwest
Additional Information
- Lot Size Dimensions:
- 0.0x0.0x0.0
- On Market Date:
- 2025-08-19
- Number Of Units Total:
- 4
- Current Use:
- Residential
- Building Size:
- 2800
Financial
- Tax Annual Amount:
- 5889.0
Listing Information
- List Agent Mls Id:
- 4022285
- List Office Mls Id:
- 69969
- Mls Status:
- Active
- Modification Timestamp:
- 2026-02-18T02:18:39Z
- Originating System Name:
- WFRMLS
- Status Change Timestamp:
- 2026-01-01T23:20:59Z
Residential For Sale
261 N Redwood Rd #1, Salt Lake City, Utah 84116
4 Bedrooms
4 Bathrooms
2,800 Sqft
$1,700,000
Listing ID #2105973
Basic Details
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 2105973
- Price :
- $1,700,000
- Bedrooms :
- 4
- Bathrooms :
- 4
- Square Footage :
- 2,800 Sqft
- Year Built :
- 1950
- Lot Area :
- 0.94 Acre
- Status :
- Active
- Office Name :
- Red Butte Realty
- Agent Name :
- Chereneh D Konold
- Listing Status :
- Active
- Property Sub Type :
- Quadruplex
Agent info
- Platinum Real Estate Professionals
- (435) 250-3355
-
platinum.pros.utah@gmail.com
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