1146 REDWOOD, Salt Lake City, UT 84104
2BD/—BA Residential in Salt Lake City, UT 84104. 1,243 sqft. Built 2024. Listed at $399,000. MLS #2150486.
2BD/—BA Residential in Salt Lake City, UT 84104. 1,243 sqft. Built 2024. Listed at $399,000. MLS #2150486.
A rare chance to own new construction near Downtown Salt Lake, even more, the best views at Dawson Place built by McArthur Homes. This is the little to no maintenance option you've been hoping to find just minutes from the party in Downtown with a low HOA fee. There isn't any sacrificing here, you can have multiple ensuites, a huge garage, beautiful views, and more with this listing for an outstanding price. This furnished, semi-custom, end-row condo-style townhome offers a shockingly low HOA fee of $180/month, with electricity as the only utility paid separately. Yes, really. Internet, insurance, landscaping, snow removal, water, trash, and more are included. Dawson Place is all-electric and a one of a kind product that builders rarely bring to market at this price. Dawson Place allows rentals for maximum flexibility, although initially the builder wouldn't sell to investors, the homeowners signed an agreement that they wouldn't sell or rent for two years, now is your chance. The tandem garage is large enough for a truck, another car, and storage. This is truly a fantastic addition to any real estate portfolio, and compared to the competition it's in fabulous condition. The listing agent isn't bluffing, this listing agent owns one as a rental and not interested in selling. Offering more scenery and privacy than most, along with the peace of mind that comes with newer construction and long-term appreciation potential. Ever-changing Oquirrh Mountain views, unforgettable sunsets and sunrises, a coveted corner lot, and included furnishings and appliances make this listing the one to beat. Live here for a year, rent it afterward, and lock in an investment near Utah's projected $6.6B 2034 Winter Olympics, the $3.5B Power District underway right now, and the $27M Glendale Regional Park right around the corner, marking the city's first new regional park in over 60 years.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
DAWSON PLACE
County
Salt Lake
Construction
Aluminum,Brick,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
1,243 sq ft
Condition
Blt./Standing
MLS #
2150486
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
DAWSON PLACE
County
Salt Lake
Construction
Aluminum,Brick,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
1,243 sq ft
Condition
Blt./Standing
MLS #
2150486
List Price
$399,000
HOA Fees
$180 / Monthly
Annual Taxes
$1,843
Home Warranty
No
List Price
$399,000
HOA Fees
$180 / Monthly
Annual Taxes
$1,843
Home Warranty
No
Heating
Electric,>= 95% efficiency
Cooling
Central Air,Heat Pump
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Aluminum,Brick,Cement Siding
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Electric,>= 95% efficiency
Cooling
Central Air,Heat Pump
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Aluminum,Brick,Cement Siding
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
92/100
vs Similar Homes
3% above
vs Market Median
21% below
Area Growth (YoY)
3.1%
Deal Score Breakdown
92/100 · 1 qualifying signal
Priced 21% below the per-subtype city median
3.1% year-over-year ZHVI growth in this area
Priced 3% above the median of similar listings
LT net cashflow -$920/mo (-32.2% return on ownership cost) · STR net cashflow -$2,116/mo (-74.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
$2,198/mo
Range: $2,017 – $2,379
Net Monthly Cash Flow
−$920 /mo (−$11,038/yr)
Monthly rental income
Monthly ownership cost
Coverage
77%
Net /mo
−$920
DSCR
0.97
Est. Annual Revenue
$12,643/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$2,116 /mo (−$25,395/yr)
Monthly STR income
Monthly ownership cost
Coverage
37%
Net /mo
−$2,116
DSCR
0.37
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-30% vs median
57 days
615
$184,000 – $7,995,000
$1,843
$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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Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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