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
For sale
$2,000,000
261 N Redwood Rd W #1, Salt Lake City, UT 84116
4beds
4baths
2,800sqft
Est.:
Quadruplex
Built in 1950
-- sqft lot
$-- Zestimate®
$714/sqft
$-- HOA
What's special
- 6 days
- on Zillow |
- 98 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: August 19, 2025 at 07:44am
Listed by:
Chereneh D Konold 801-604-0925,
Red Butte Realty
Source: UtahRealEstate.com,MLS#: 2105973

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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: $714/sqft
- Annual tax amount: $5,889
- Date on market: 8/19/2025
- Acres allowed for irrigation: 0
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