227 N Spencer Ct
Salt Lake City, UT 84103
30
Bed
22
Bath
13,866Sqft
0.58Acre(Lot)
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
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 30Bathroom Information
Total Baths: 22 -
Flooring Information
Hardwood, Tile, Concrete -
Roofing Information
Rubber, Asphalt, Membrane -
Interior Features
Roof: Rubber, Asphalt, Membrane Window Features: Window Coverings, Blinds -
Heating & Cooling
Heating: None Cooling: None
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Building Information
Year Built: 1916 Building Area Total: 13866 Construction Materials: Brick, Stucco Frontage Length: 0.0 Private Pool: No View: Mountain(s)
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Lot Information
Lot Dimensions: 0.0x0.0x0.0 Main Square Feet: 0.58 Acres Lot Size Acres: 0.58 Lot Size Square Feet: 25264.8
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Listing Price Information
Listing Price: $3599999 Cash, Conventional
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Tax Information
Parcel Number: 09-31-333-007 Annual Tax: $15787
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Parking Information
Parking Total: 1
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School Information
Elementary School: EnsignJunior High School: ClaytonSenior High School: West -
Utility Information
Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 119 K St, Salt Lake City, UT, 84103 | $1,930,000 | 10 | 15 | 8,513 | 8,513 SqFt |
| 201 N I St, Salt Lake City, UT, 84103 | $1,249,000 | 6 | 5 | 4,272 | 4,272 SqFt |
| 120 G St, Salt Lake City, UT, 84103 | $4,450,000 | 27 | 15 | 13,077 | 13,077 SqFt |
| 135 B St, Salt Lake City, UT, 84103 | $865,000 | 3 | 4 | 3,000 | 3,000 SqFt |
| 107 E B St, Salt Lake City, UT, 84103 | $7,495,000 | 45 | 28 | 21,548 | 21,548 SqFt |
| 146 E 2nd Ave Ave, Salt Lake City, UT, 84103 | $4,345,000 | 28 | 21 | 14,850 | 14,850 SqFt |
| 141 E 1st Ave, Salt Lake City, UT, 84103 | $6,550,000 | 30 | 32 | 30,838 | 30,838 SqFt |
| 537 N Darwin St, Salt Lake City, UT, 84103 | $825,000 | 4 | 4 | 2,442 | 2,442 SqFt |
| 55 E 200, Salt Lake City, UT, 84103 | $2,100,000 | 12 | 6 | 7,304 | 7,304 SqFt |
| 475 N Wall St, Salt Lake City, UT, 84103 | $1,900,000 | 16 | 8 | 7,000 | 7,000 SqFt |
Similar Multifamily To 227 N Spencer Ct
Nearby For Sale
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 06/17/2026 @ 09:26. 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 should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
ByOwner last updated this listing 06/17/2026 @ 09:26
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