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Salt Lake City, UT 84116
Originally listed at $2,000,000
MLS #2115048
This lot for sale at 261 N REDWOOD RD Salt Lake City, UT 84116 has been listed at $1,700,000 and has been on the market for 138 days.
4 Great Land development opportunity.( There is an income-producing 4-plex on the property) 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 Apartments or 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.
Some errands can be accomplished on foot. Strong transit options available. Most trips are convenient by bike.
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Salt Lake City, UT · approximate location
Listed by: Chereneh D Konold · Red Butte Realty. 801-573-8264.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of May 7, 2026. 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. 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.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair 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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