Address
261 N Redwood Rd W # 1, Salt Lake City, UT
Price
$ 1,500,000
Property Attributes
- MLS#2172408
- TypeMulti-Family
- Listing Status Under Contract
- CountySALT LAKE
- CitySalt Lake City
- AreaSalt Lake City
- Zip84116
- StyleSide By Side
- Year Built1950
- Taxes$ 5889
- Price$ 1,500,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2800
- Lot Size0.94 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
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
| Elementary School | Middle School | High School |
|---|---|---|
| Meadowlark Elementary School | Northwest Middle School | West High School |
| Price History | |
|---|---|
| 7/16/2026 | Listed $1,500,000 |
General Features
| Living Area | 2800.0 |
|---|---|
| Architectural Style | Side By Side |
| Year Built | 1950 |
| Unit Number | 1 |
| Property Subtype | Quadruplex |
| Current Use | Residential |
| Ownership | Agent Owned |
| County | Salt Lake |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Facing Direction | East |
| Garage Y/N | No |
| Status | Under Contract |
| High School | West |
| City | Salt Lake City |
| Senior Community Y/N | No |
| High School District | Salt Lake |
| Zoning Description | RMF-35 |
| Number Of Units Total | 4 |
| MLS Area | Salt Lake City; Rose Park |
| Lot Size Units | Acres |
| Lot Size Square Feet | 40946.4 |
| Carport Y/N | No |
| Elementary School | Meadowlark |
| Property Attached Y/N | No |
| Tax Annual Amount | 5889.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Northwest |
| Property Condition | Blt./Standing |
| Lease Considered Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Middle/Junior School District | Salt Lake |
| Elementary School District | Salt Lake |
| PostalCity | Salt Lake City |
| ADU | No |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Heating Y/N | No |
| Fireplace Y/N | No |
| Total Bedrooms | 4 |
| Total Baths | 4 |
Exterior Features
| Lot Size Area | 0.94 |
|---|---|
| Spa | No |
| Building Area Total | 2800.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 0.94 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| RV Parking Dimensions | 0.00 |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 84116
Price
Taxes
Year Built
Visits
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
