Views
Address
227 N Spencer Ct, Salt Lake City, UT
Price
$ 3,599,999
Property Attributes
- MLS#2149702
- TypeMulti-Family
- Listing Status Active
- CountySALT LAKE
- CitySalt Lake City
- AreaSalt Lake City - Avenues Area
- Zip84103
- Style
- Year Built1916
- Taxes$ 15787
- Price$ 3,599,999
- Bedrooms30
- Full Bathrooms22
- Half Bathrooms0
- Sqr Footage13866
- Lot Size0.58 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Ensign Elementary School | Clayton Middle School | West High School |
| Price History | |
|---|---|
| 4/10/2026 | Listed $3,599,999 |
General Features
| Living Area | 13866.0 |
|---|---|
| Sewer | Sewer: Connected,Sewer: Public |
| Utilities | Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected |
| Roof | Asphalt,Membrane |
| Zoning | Multi-Family |
| Construction Materials | Brick,Stucco |
| Year Built | 1916 |
| View | Mountain(s) |
| Topography | View: Mountain |
| Property Subtype | > 4 Units |
| Current Use | Residential |
| County | Salt Lake |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Garage Y/N | No |
| Status | Active |
| High School | West |
| City | Salt Lake City |
| Senior Community Y/N | No |
| High School District | Salt Lake |
| Zoning Description | SR-1A |
| Number Of Units Total | 22 |
| MLS Area | Salt Lake City: Avenues Area |
| Lot Size Units | Acres |
| Lot Size Square Feet | 25264.8 |
| Carport Spaces | 1.0 |
| Carport Y/N | Yes |
| Listing Terms | Cash,Conventional,Exchange |
| Elementary School | Ensign |
| Property Attached Y/N | No |
| Tax Annual Amount | 15787.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Clayton |
| Property Condition | Blt./Standing |
| Lease Considered Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Salt Lake |
| Elementary School District | Salt Lake |
| PostalCity | Salt Lake City |
| ADU | No |
Interior Features
| Flooring | Hardwood,Tile,Concrete |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | No |
| Window Features | Blinds |
| Fireplace Y/N | No |
| Total Bedrooms | 30 |
| Total Baths | 22 |
Exterior Features
| Vegetation | Mature Trees |
|---|---|
| Parking Features | Parking: Uncovered |
| Lot Features | View: Mountain |
| Water Source | Culinary |
| Total Parking | 1.0 |
| Lot Size Area | 0.58 |
| Spa | No |
| Building Area Total | 13866.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 0.58 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| Covered Spaces | 1.0 |
| RV Parking Dimensions | 0.00 |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 84103
Price
Taxes
Year Built
Visits
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
