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For sale
    • $3,599,999

    227 N Spencer Ct #Qgspqgmhp, Salt Lake City, UT 84103

    30beds
    22baths
    13,866sqft
    : 
    $21,946/mo
    Get pre-qualified
    Multi Family
    Built in 1916
    -- sqft lot
    $-- Zestimate®
    $260/sqft
    $-- HOA

    What's special

    Six smaller multi-family buildings
    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.
    140 days
    193
    4

    Zillow last checked:

    Listing updated:

    Listed by:

    Porter Criddle 801-694-5291,

    Investment Realty Advisors LLC,

    Cory Waddoups 801-609-8342,

    Investment Realty Advisors LLC

    Source: UtahRealEstate.com,MLS#: 2149702MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 30
      • Bathrooms: 22
      Features
      • Flooring: Hardwood, Tile, Concrete
      • Windows: Blinds
      • Has fireplace: No
      Interior area
      • Total structure area: 13,866
      • Total interior livable area: 13,866 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Open
      • Carport spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.58 Acres
      • Residential vegetation: Mature Trees
      Details
      • Parcel number: 0931333007
      • Zoning: SR-1A
      • Zoning description: Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Stucco
      • Roof: Asphalt,Membrane
      Condition
      • Blt./Standing
      • New construction: No
      • Year built: 1916
      • Major remodel year: 2010

      Utilities & green energy

      • Sewer: Public Sewer, Sewer: Public
      • Water: Culinary
      • Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Salt Lake City

      Financial & listing details

      • Price per square foot: $260/sqft
      • Annual tax amount: $15,787
      • Date on market: 4/10/2026
      • Listing terms: Cash,Conventional,1031 Exchange
      • Acres allowed for irrigation: 0
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,287/mo

        Price history

        DateEventPrice
        4/10/2026Listed for sale$3,599,999$260/sqft
        Source: UtahRealEstate.com #2149702 Report a problem
        2/4/2026Listing removed$895
        Source: Zillow Rentals Report a problem
        1/17/2026Listed for rent$895-5.8%
        Source: Zillow Rentals Report a problem
        12/15/2024Listing removed$950
        Source: Zillow Rentals Report a problem
        11/23/2024Price change$950-5%
        Source: Zillow Rentals Report a problem
        11/5/2024Listed for rent$1,000-9.1%
        Source: Zillow Rentals Report a problem
        7/15/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/14/2023Listed for rent$1,100+10.6%
        Source: Zillow Rentals Report a problem
        10/30/2021Listing removed--
        Source: Zillow Rental Network Premium_1 Report a problem
        10/21/2021Listed for rent$995
        Source: Zillow Rental Network Premium_1 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Greater Avenues

        Getting around

        73 / 100
        Very Walkable
        62 / 100
        Good Transit
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ensign
        • Middle: Clayton
        • High: West
        • District: Salt Lake

        Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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