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
Pending
$1,500,000
261 N Redwood Rd W #1, Salt Lake City, UT 84116
4beds
4baths
2,800sqft
Quadruplex
Built in 1950
-- sqft lot
$1,447,500 Zestimate®
$536/sqft
$-- HOA
What's special
- 355 days |
- 43 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Chereneh D Konold 801-604-0925,
Red Butte Realty
Source: UtahRealEstate.com,MLS#: 2172408
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Has fireplace: No
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Property
Lot
- Size: 0.94 Acres
Details
- Parcel number: 0834331029
- Zoning: RMF-35
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- Blt./Standing
- New construction: No
- Year built: 1950
- Major remodel year: 1985
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salt Lake City
Financial & listing details
- Price per square foot: $536/sqft
- Annual tax amount: $5,889
- Date on market: 7/16/2026
- Acres allowed for irrigation: 0
Estimated market value
Zestimate®
$1,447,500
Estimated sales range
$1.38M - $1.52M
Rent Zestimate®
$1,724/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Pending sale | $1,500,000$536/sqft |
Source: | ||
| 7/16/2026 | Listed for sale | $1,500,000-11.8%$536/sqft |
Source: | ||
| 7/1/2026 | Listing removed | $1,700,000$607/sqft |
Source: | ||
| 12/9/2025 | Price change | $1,700,000-15%$607/sqft |
Source: | ||
| 8/19/2025 | Listed for sale | $2,000,000$714/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Jordan Meadows
Nearby schools
GreatSchools rating
- 3/10Meadowlark SchoolGrades: PK-6Distance: 0.4 mi
- 5/10West High SchoolGrades: 7-12Distance: 2 mi
- 4/10Northwest Middle SchoolGrades: 7-8Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Meadowlark
- Middle: Northwest
- High: West
- District: Salt Lake
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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