Listing Photo
Listing Photo
Listing Photo
Listing Photo
Listing Photo
Listing Agent: Porter Criddle

$3,599,999

227 N SPENCER CT
30Beds
0.0Baths
13866ft2
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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.

MLS # 2149702

Listing maintained by Investment Realty Advisors LLC. Posted on Apr 10, 2026 6:40 pm and last updated on Apr 10, 2026 6:46 pm. All times are in Universal Coordinated Time.

This information is believed to be accurate, but without warranty.

Property Features

  • Year Built: 1916
  • Sewer: Connected
  • Sewer: Public
  • Construction: Brick, Stucco
  • Flooring: Hardwood, Tile, Concrete
  • View: Mountain
  • Roof: Asphalt, Membrane
  • Parking: Parking: Uncovered