227 N Spencer Ct, Salt Lake City, UT 84103
- $3,599,999
- 30
- BD
- 22
- BA
- 13,866
- SqFt
- List Price
- $3,599,999
- Status
- ACTIVE
- MLS#
- 2149702
- Days on Market
- 107
- Year Built
- 1916
- Bedrooms
- 30
- Bathrooms
- 22
- Square Feet
- 13,866
- Parcel Number
- 09-31-333-007
- Acres
- 0.58
- Terms
- Cash, Conventional, Exchange
- County
- Salt Lake
- Region
- Salt Lake City: Avenues Area
Property Description
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.
Additional Information
- Taxes
- $15,787
- Floor
- Hardwood, Tile, Concrete
- Roof
- Asphalt, Membrane
- School District
- Salt Lake
- Elementary School
- Ensign
- Middle School
- Clayton
- High School
- West
- Living Area
- 13,866
Mortgage Calculator
Listing courtesy of Investment Realty Advisors LLC.
Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Terms of UseThe multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.