About 227 N Spencer Ct
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.
Features of 227 N Spencer Ct
| MLS® # | 2149702 |
|---|---|
| Price | $3,599,999 |
| Bedrooms | 30 |
| Bathrooms | 22.00 |
| Square Footage | 13,866 |
| Acres | 0.58 |
| Year Built | 1916 |
| Type | Residential |
| Sub-Type | > 4 Units |
| Status | Active |
Community Information
| Address | 227 N Spencer Ct |
|---|---|
| Area | Salt Lake City: Avenues Area |
| City | Salt Lake City |
| County | Salt Lake |
| State | UT |
| Zip Code | 84103 |
Amenities
| Utilities | Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected |
|---|---|
| Parking Spaces | 1 |
| Parking | Parking: Uncovered |
| View | Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Tile, Concrete |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | View: Mountain |
|---|---|
| Windows | Blinds |
| Roof | Asphalt, Membrane |
| Construction | Brick, Stucco |
School Information
| District | Salt Lake |
|---|---|
| Elementary | Ensign |
| Middle | Clayton |
| High | West |
Additional Information
| Date Listed | April 10th, 2026 |
|---|---|
| Days on Market | 146 |
| Zoning | Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Porter Criddle |
|---|---|
| Office | Investment Realty Advisors LLC |
| Contact Info | 435-485-7070 |