PROPERTY DETAILS
About This Property
This home for sale at 261 N REDWOOD RD #1 Salt Lake City, UT 84116 has been listed at $1,700,000 and has been on the market for 118 days.
Full 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 Highlights
- Great investment for 26 or more New townhomes to be built. .
- Bring your builder, great location close to Trax. .
- The value of this property is in the land for developing new homes or apartments. .
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General Information
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Price
$1,700,000 300.0k
-
Days on Market
118
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Area
Salt Lake City; Rose Park
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Total Bedrooms
4
-
Total Bathrooms
4
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House Size
2800 Sq Ft
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Address
261 N REDWOOD RD #1 Salt Lake City, UT 84116
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Listed By
Red Butte Realty
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HOA
NO
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Lot Size
0.94
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Price/sqft
607.14
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Year Built
1950
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MLS
2105973
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Status
Active
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City
Building and Construction
- Roof:
- Exterior:
- Construction:
- Foundation Basement:
Garage and Parking
- Garage Type: No
- Garage Spaces: 0
Price History
Dec 08, 2025
$1,700,000
Price decreased:
-$300,000
$607.14/sqft
Aug 19, 2025
$2,000,000
Just Listed
$714.29/sqft
Mortgage Calculator
Estimated Monthly Payment
$0
Principal & Interest
$0
Property Tax (est)
$0
Home Insurance
$0
Loan Amount:
$0
Total Interest Paid:
$0
Total Amount Paid:
$0
Other Property Info
- Area: Salt Lake City; Rose Park
- Zoning:
- State: UT
- County: Salt Lake
- This listing is courtesy of:: Chereneh D Konold Red Butte Realty.
801-573-8264.
Based on information from UtahRealEstate.com as of 2025-08-19 08:43:32. 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. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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