1146 REDWOOD UNIT F604, Salt Lake City, UT 84104
2BD/—BA Residential in Salt Lake City, UT 84104. 1,229 sqft. Built 2024. Listed at $374,900. MLS #2142420.
2BD/—BA Residential in Salt Lake City, UT 84104. 1,229 sqft. Built 2024. Listed at $374,900. MLS #2142420.
NEW PRICE!! Welcome to the ultimate modern urban retreat. Positioned in the highly sought-after Dawson Place community, this chic townhome perfectly merges sleek city living with unbeatable outdoor access. Step inside a bright, open-concept floor plan elevated by 9-foot ceilings and gorgeous, durable flooring. Designed for entertaining, the stylish contemporary kitchen features extended-height cabinetry and gleaming granite countertops, flowing seamlessly onto your private, low-maintenance composite deck. Built by a multi-award-winning builder, this home is as smart as it is striking. It features the everyday convenience of an attached two-car tandem garage and a state-of-the-art, all-electric energy system for eco-conscious comfort and a lower carbon footprint. The location is an urban commuter's dream: you are just minutes from the vibrant heart of Downtown Salt Lake City, the airport, and TRAX lines, while the 9-Line trail, Jordan River Trail, and seven world-class canyons serve as your personal backyard.
Property Type
Residential
Property Style
Condominium
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
DAWSON PLACE
County
Salt Lake
Zoning
Multi-Family
Construction
Asphalt,Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,229 sq ft
Condition
Blt./Standing
MLS #
2142420
Property Type
Residential
Property Style
Condominium
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
DAWSON PLACE
County
Salt Lake
Zoning
Multi-Family
Construction
Asphalt,Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,229 sq ft
Condition
Blt./Standing
MLS #
2142420
List Price
$374,900
Original Price
$390,000
HOA Fees
$180 / Monthly
Annual Taxes
$1,815
Home Warranty
Yes
List Price
$374,900
Original Price
$390,000
HOA Fees
$180 / Monthly
Annual Taxes
$1,815
Home Warranty
Yes
Heating
Electric,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Asphalt,Brick,Stucco
Appliances
Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Electric,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Asphalt,Brick,Stucco
Appliances
Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
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
87/100
vs Similar Homes
7% below
vs Market Median
16% below
Price Reduced
3.9%
Area Growth (YoY)
3.1%
Deal Score Breakdown
87/100 · 2 qualifying signals
Priced 16% below the per-subtype city median
Priced 7% 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 -$670/mo (-24.6% return on ownership cost) · STR net cashflow -$1,996/mo (-73.1% 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
$2,340/mo
Range: $853 – $3,827
Net Monthly Cash Flow
−$670 /mo (−$8,037/yr)
Monthly rental income
Monthly ownership cost
Coverage
86%
Net /mo
−$670
DSCR
1.09
Est. Annual Revenue
$12,558/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,996 /mo (−$23,955/yr)
Monthly STR income
Monthly ownership cost
Coverage
38%
Net /mo
−$1,996
DSCR
0.39
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-34% vs median
56 days
618
$184,000 – $7,995,000
$1,815
$180/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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