227 N Spencer Ct, Salt Lake City, UT 84103

Local realty services provided by:ERA Realty Center
227 N Spencer Ct,Salt Lake City, UT 84103
$3,599,999
  • 30 Beds
  • 22 Baths
  • 13,866 sq. ft.
  • Multi-family
  • Active
Listed by: porter criddle, cory waddoups
Office: investment realty advisors llc.
MLS#:2149702
Source:SL

Price summary

  • Price:$3,599,999
  • Price per sq. ft.:$259.63

About this home

Spencer Court Apartments is a unique 22-unit multifamily community comprised of six smaller multi-family buildings nestled in one of Salt Lake City's most sought-after neighborhoods. The property boasts a proven operational history with strong rental performance and healthy NOI, currently offered at an attractive 6.3% in-place cap rate with compelling price-per-unit metrics. There is significant opportunity to improve asset quality, push rents, and drive meaningful appreciation. Do not disturb tenants. Buyer to obtain independent measurements and verify all information independently.

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Home facts

  • Year built:1916
  • Listing ID #:2149702
  • Added:1 day(s) ago
  • Updated:April 10, 2026 at 09:04 PM

Rooms and interior

  • Bedrooms:30
  • Total bathrooms:22
  • Flooring:Concrete, Hardwood, Tile
  • Living area:13,866 sq. ft.

Structure and exterior

  • Roof:Asphalt, Membrane
  • Year built:1916
  • Building area:13,866 sq. ft.
  • Lot area:0.58 Acres
  • Construction Materials:Brick, Stucco

Schools

  • High school:West
  • Middle school:Clayton
  • Elementary school:Ensign

Utilities

  • Water:Culinary, Water Connected
  • Sewer:Sewer Connected, Sewer: Connected, Sewer: Public

Finances and disclosures

  • Price:$3,599,999
  • Price per sq. ft.:$259.63
  • Tax amount:$15,787

Parking

  • Total parking spaces:1
  • Parking description:Parking: Uncovered
  • Carport spaces:1