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$1,700,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
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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

Full Property Details for 261 N Redwood Rd W #1

General

  • Price: $1,700,000
  • Taxes: $5,889
  • Status: Active
  • Type: Multi-Family
  • Source: WFR
  • MLS ID: 2105973
  • Updated: 1/1/2026
  • Added to Site: 152 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Location

  • Area: Salt Lake City; Rose Park
  • County: Salt Lake
  • Cross Streets: 1700
  • Direction Faces: East

School Information

  • Elem School District: Salt Lake
  • Midd School District: Salt Lake
  • High School District: Salt Lake
  • Elementary School: Meadowlark
  • Middle School: Northwest
  • High School: West

Structural Information

  • Architectural Style: Side By Side
  • Square Feet: 2,800
  • Living Area: 2,800 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1950
  • Property Condition: Blt./Standing

Lot Features

  • Lot Size (Acres): 0.94
  • Lot Size (Sq. Ft.): 40,946.4
  • Lot Size: .94
  • Zoning: RMF-35

Financial Considerations

  • Tax Amount: $5,889

Disclosures and Reports

  • Property ID: 08-34-331-029

Listed by Red Butte Realty

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Listing agent

— 261 N Redwood Rd W #1 —

  • Red Butte Realty

801-573-8264

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 261 N Redwood Rd W #1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/08/2025
Price Reduced
$1,700,000
-15%
MLS
8/19/2025
Listed
$2,000,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 261 N Redwood Rd W #1

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,049
-14%
$993,600
-12%
2024
$5,899
13%
$1,125,600
17%
2023
$5,226
10%
$961,100
18%
2022
$4,740
9%
$817,900
20%
2021
$4,350
—
$679,600
5%
2020
$4,336
13%
$644,700
118%
2019
$3,852
44%
$296,395
-20%
2017
$2,672
—
$369,400
8%
2017
$2,672
4%
$341,100
9%
2016
$2,577
4%
$312,300
2%
2014
$2,486
—
$305,600
8%
2014
$2,486
3%
$283,300
8%
2013
$2,406
—
$262,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Red Butte Realty

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261 N Redwood Rd W #1, Salt Lake City, UT 84116 (MLS# 2105973) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 261 N Redwood Rd W #1 is currently listed for $1,700,000 and was received on August 19, 2025. Want to learn more about 261 N Redwood Rd W #1? Do you have questions about finding other Multi-Family real estate for sale in Salt Lake City? You can browse all Salt Lake City real estate or contact a Coldwell Banker agent to request more information.

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