1146 REDWOOD, Salt Lake City, UT 84104
2BD/—BA Residential in Salt Lake City, UT 84104. 1,170 sqft. Built 2024. Listed at $360,000. MLS #2140912.
2BD/—BA Residential in Salt Lake City, UT 84104. 1,170 sqft. Built 2024. Listed at $360,000. MLS #2140912.
!!! PRICE REDUCED !!! BEST PRICED UNIT IN THE COMMUNITY | MOVE-IN READY 2024 TOWNHOME | FHA APPROVED Modern townhome in Salt Lake City offering unbeatable value, low-maintenance living, and investment potential. Built in 2024, this move-in ready home features an open-concept floor plan with a spacious Great Room, oversized 8' kitchen island, quartz countertops, stainless steel appliances, and upgraded shaker cabinets. Perfect for first-time home buyers, house hackers, or investors, this property includes a private ensuite bedroom ideal for roommates or rental income. Upstairs features 9' ceilings and a functional layout designed for comfort and privacy. Additional highlights include a private deck, 2-car tandem garage with extra storage or flex space, and fiber internet included in HOA. FHA approved, making financing more accessible. Located just minutes from downtown Salt Lake City with easy access to I-15, shopping centers, restaurants, and major employment hubs. Ideal for commuters and anyone looking for convenience and modern living. SQ FOOTAGE OBTAINED FROM APPRAISAL. BUYER TO VERIFY ALL INFORMATION.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
DAWSON PLACE
County
Salt Lake
Zoning
Multi-Family
Construction
Asphalt,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
1,170 sq ft
Condition
Blt./Standing
MLS #
2140912
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
DAWSON PLACE
County
Salt Lake
Zoning
Multi-Family
Construction
Asphalt,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
1,170 sq ft
Condition
Blt./Standing
MLS #
2140912
List Price
$360,000
Original Price
$375,000
HOA Fees
$170 / Monthly
Annual Taxes
$1,839
Home Warranty
No
List Price
$360,000
Original Price
$375,000
HOA Fees
$170 / Monthly
Annual Taxes
$1,839
Home Warranty
No
Heating
>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Asphalt,Cement Siding
Water Source
Culinary
Sewer
Sewer: Available
Heating
>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Asphalt,Cement Siding
Water Source
Culinary
Sewer
Sewer: Available
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Similar Homes
10% below
vs Market Median
31% below
Price Reduced
4.0%
Area Growth (YoY)
3.1%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 31% below the per-subtype city median
Priced 10% below the median of similar listings
4% price reduction from original list — seller may be motivated
3.1% year-over-year ZHVI growth in this area
LT net cashflow -$805/mo (-30.7% return on ownership cost) · STR net cashflow -$1,914/mo (-72.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$2,069/mo
Range: $1,898 – $2,239
Net Monthly Cash Flow
−$804 /mo (−$9,654/yr)
Monthly rental income
Monthly ownership cost
Coverage
79%
Net /mo
−$805
DSCR
1.00
Est. Annual Revenue
$12,192/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,913 /mo (−$22,962/yr)
Monthly STR income
Monthly ownership cost
Coverage
39%
Net /mo
−$1,914
DSCR
0.39
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-37% vs median
56 days
618
$184,000 – $7,995,000
$1,839
$170/monthly
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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