227 N SPENCER CT Salt Lake City UT 84103
New Listing

MLS# 2149702 • 2 Days on Market • Residential

227 N Spencer Ct Salt Lake City, UT 84103

$3,599,999

$260/SF • $/month |

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Listed By Investment Realty Advisors LLC, Porter Criddle, 435-485-7070. | Data Source: © 2026 Wasatch Front Regional Multiple Listing Service, Inc.

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.

Property Details

Water/Sewer Culinary, Sewer: Connected, Sewer: Public
Year Built 1916
Taxes $15,787

Schools

Ensign Elementary

Clayton Jr. High

West High School

$3,599,999

$260/SF • $/month

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