4 Plex + Land Great development opportunity . The value of this property is in the land. There is 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 town homes to be built. There is a four-plex on front of the land that brings in monthly cash flow around $4,000 Bring your builder, great location close to trax . Figures are provided as a courtesy estimate only, Buyer is advised to obtain independent measurement. DO NOT DISTURB TENANTS!!
Property Details
Property Features
Property Information:
Architectural Style: Side By Side
Year Built: 1950
Stories: 0
Living Area: 2,800 SqFt
Listing Office:
Office Name: Red Butte Realty
Office Phone: (801) 573-8264
Listing Agent: Chereneh D Konold
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.94 Acres
School Info
Assigned Schools Information:
West High School, Public District Grades 7-12
Northwest Middle School, Public District Grades 7-8
Meadowlark School, Public District Grades PK-6
Price Information
Listing Price Info
Price Summary:
List Price: $4,000,000
Price Per SqFt: $1,429/SqFt
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 3:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Meadowlark School
497 N Morton Dr
Distance between this listing and this school0.47 miles
Public District Grades PK-6
Middle School
3
/10
Northwest Middle School
1730 W 1700 N
Distance between this listing and this school2.16 miles
Public District Grades 7-8
High School
3
/10
West High School
241 N 300 W
Distance between this listing and this school2.06 miles
Public District Grades 7-12
Assigned Schools
3
/10
Meadowlark School
497 N Morton Dr
Distance between this listing and this school0.47 miles
Public District Grades PK-6
Nearby Schools
4
/10
Backman School
601 N 1500 W
Distance between this listing and this school0.56 miles
Public Magnet Grades PK-6
3
/10
Escalante School
1810 W 900 N
Distance between this listing and this school0.98 miles
Public District Grades PK-6
Assigned Schools
3
/10
Northwest Middle School
1730 W 1700 N
Distance between this listing and this school2.16 miles
Public District Grades 7-8
Nearby Schools
6
/10
Pacific Heritage Academy
1755 W 1100 N
Distance between this listing and this school1.25 miles
Public Charter Grades KG-8
3
/10
Dual Immersion Academy
1155 Glendale Dr
Distance between this listing and this school2.24 miles
Public Charter Grades KG-8
Assigned Schools
3
/10
West High School
241 N 300 W
Distance between this listing and this school2.06 miles
Public District Grades 7-12
Nearby Schools
6
/10
Salt Lake Center For Science Education
1400 Goodwin Ave
Distance between this listing and this school1.41 miles
Public Charter Grades 6-12
6
/10
City Academy
555 E 200 S
Distance between this listing and this school3.50 miles
The neighbors living near this home have an average income of $33,250. Most Salt Lake City, UT residents have annual incomes less than $35k. Most families are married, with kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
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This home is located at 261 N Redwood Rd Unit 1 in Salt Lake City, UT and zip code 84116 in the Jordan Meadows neighborhood. This 2,800 square foot home, which was built in 1950, sits on a 0.94 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $4,000,000.
Between February 2024 and March 2024, Salt Lake City, UT real estate market has seen increase in the number of listings by 67.5%. While the average time on the market in March 2024 was 66 days, the median list price was $599,641.
From Rocket Homes Real Estate and based on county public records data.
Based on information from UtahRealEstate.com 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. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved. 
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