Date
Details
Price
Change
Source
4/10/2026
Listed
$3,599,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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.
Full Property Details
Full Property Details for 227 N Spencer Ct
General
- Price: $3,599,999
- Taxes: $15,787
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2149702
- Updated: 4/10/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Hardwood, Tile, Concrete
Rooms
Bathrooms
- Total Bathrooms: 22
Bedrooms
- Total Bedrooms: 30
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Parking: Uncovered
Location
- Area: Salt Lake City: Avenues Area
- County: Salt Lake
- Cross Streets: 1
School Information
- Elem School District: Salt Lake
- Midd School District: Salt Lake
- High School District: Salt Lake
- Elementary School: Ensign
- Middle School: Clayton
- High School: West
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Construction: Brick, Stucco
- Exterior Const.: Brick, Stucco
- Roof: Asphalt, Membrane
- Windows: Blinds
- Square Feet: 13,866
- Living Area: 13,866 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1916
- Property Condition: Blt./Standing
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.58
- Lot Size (Sq. Ft.): 25,264.8
- Lot Size: .58
- Landscape: Mature Trees
- Topography: View: Mountain
- Lot Features: View: Mountain
- Trees/Vegetation: Mature Trees
- Zoning: SR-1A
Financial Considerations
- Tax Amount: $15,787
- Terms: Cash, Conventional, Exchange
Disclosures and Reports
- Property ID: 09-31-333-007
Listed by Investment Realty Advisors LLC
We Value Your Privacy
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We Value Your Privacy
Listing agents
— 227 N Spencer Ct —
Investment Realty Advisors LLC
Investment Realty Advisors LLC
435-485-7070
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 227 N Spencer Ct
School District:Salt Lake City School District
| Name | Grades | Distance |
|---|---|---|
Ensign School 775 12th Avenue, Salt Lake City, UT 84103 | PK-6 | 1.2 mi |
Innovations K-8 1700 South State Street, Salt Lake City, UT 84115 | K-8 | 2.8 mi |
West High School 241 North 300 West, Salt Lake City, UT 84103 | 7-12 | 0.8 mi |
Salt Lake Center for Science Education Bryant 40 South 800 East, Salt Lake City, UT 84102 | 7-8 | 1 mi |
Innovations High School 1700 South State Street, Salt Lake City, UT 84115 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 227 N Spencer Ct
Estimate the Cost
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,914Sq. Ft.
Listed by Utah Property Source (801) 891-8789
- Duplex
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,726Sq. Ft.
- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,820Sq. Ft.
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,650Sq. Ft.
- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,927Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 2Total Baths
- 1,468Sq. Ft.
- Condo
- Active
- Updated 3 days ago
- 1Bed
- 1Total Bath
- 596Sq. Ft.
227 N Spencer Ct, Salt Lake City, UT 84103 (MLS# 2149702) is a Multi-Family property with 22 units containing 30 bedrooms and 0 full bathrooms. 227 N Spencer Ct is currently listed for $3,599,999 and was received on April 10, 2026. Want to learn more about 227 N Spencer Ct? Do you have questions about finding other Multi-Family real estate for sale in People's Freeway? You can browse all People's Freeway real estate or contact a Coldwell Banker agent to request more information.