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30 Beds
22 Baths
13,866 sqft

$3,599,999

227 N SPENCER CT, Salt Lake City UT, 84103

Price per sqft$259.63
Built in1916
Property size13,866 sqft
Property typeResidential

Overview

Active

Listed Apr 10, 2026

Updated 3 weeks ago

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.

$23,951/mo

Est. mortgage payment based on a $3,599,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2149702

Interior Features

Bedrooms
30
Bathrooms
22
Basement
No

Exterior Features

Lot Size
0.58 Acres

Other Property Details

Taxes
$15,787
Tax Frequency
Annually
View
Yes
55+/Senior Community
No

Courtesy of Investment Realty Advisors LLC

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6:25 PM UTC, 8/24/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor James Roth shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Wasatch Front Regional MLS, Inc. All rights reserved.

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