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$3,599,999
MLS #2149702
Beds
30
Baths
22
Sq Ft
13,866
Lot
0.58 ac
Built
1916
Has view
About this home
This home for sale at 227 N SPENCER CT Salt Lake City, UT 84103 has been listed at $3,599,999.
Full 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.
Property highlights
- 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. .
- Luxury property with premium finishes and exceptional attention to detail.
- Spacious 30 bedroom home perfect for comfortable living.
- 13,866 sq ft of thoughtfully designed living space.
- Situated on 0.58 acres with room to grow.
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Start your searchProperty details
- Property Type
- Residential
- Sub-type
- > 4 Units
- Status
- Active
- Days on Market
- 0
- Bedrooms
- 30
- Bathrooms
- 22
- Year Built
- 1916
- Effective Year
- 2010
- Stories
- 0
- Living Area
- 13,866 sq ft
- Lot Size
- 0.58 acres
- Price/sqft
- $259.63
- Parking Total
- 1.00
- County
- Salt Lake
- City
- Salt Lake City
- Zoning
- Multi-Family
- Tax Annual
- $15,787
- Preferred Financing
- Cash,Conventional,Exchange
- Parcel #
- 09-31-333-007
- MLS Area
- Salt Lake City: Avenues Area
- Listed By
- Investment Realty Advisors LLC
Building & construction
- Roof
- Asphalt,Membrane
- Construction
- Brick,Stucco
- Flooring
- Hardwood,Tile,Concrete
Garage & parking
- Parking total
- 1.00
- Covered spaces
- 1.00
- RV parking
- 0.00
- Parking: Uncovered
Land description
- View: Mountain
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Additional features
View
- Mountain(s)
Window features
- Blinds
Sewer
- Sewer: Connected
- Sewer: Public
Water source
- Culinary
Current use
- Residential
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Neighborhood
Walk · Transit · Bike
Most errands can be accomplished on foot. Strong transit options available. Most trips are convenient by bike.
Price History
Date
Price
Change
Change %
4/11/2026
$3,599,999
$260/sqft
Listed
—
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Location
Salt Lake City, UT · approximate location
Listed by: Porter Criddle · Investment Realty Advisors LLC. 435-485-7070.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of Jul 7, 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 should be independently reviewed and verified for accuracy. IDX information is provided exclusively 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.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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Salt Lake City market context
How this property sits against recent sales in the area.
This listing: $3,599,999 — 502.9% above the median sale price.
Salt Lake City market — Residential
What homes are doing.
Latest data through June 2026.
Median sale price
$597,075
+12.9% year over year
Median days on market
11
-1 days year over year
Sale-to-list ratio
99.0%
-0.38pp year over year
Homes sold last month
206
-42 year over year
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