227 N Spencer Ct, Salt Lake City, UT 84103
Local realty services provided by:Better Homes and Gardens Real Estate Momentum
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 11, 2026 at 11:13 AM
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
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