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Spencer Court Apartments

$3,950,000

240 East Spencer Court, Salt Lake City, UT 84103

Active
Last Updated: 04/07/2025

14,859 sqft

Building Size

0.58 acres

Lot Area

Details:
Building Size:    14,859 sqft
Lot Area:    0.58 acres
Occupancy:    95%
Units:    22
Year Built:    1916
Highlights:
  • 13,631 SF building
  • 22 units
  • Zoned SR-1A
  • Salt Lake City location
  • Premium location
Description:

Value add opportunity for a legacy property located in one of the best areas of Salt Lake City. Spencer Court Apartments was originally built in the early 20th century and consists of six charming multi-unit buildings to make up the 22 units. Each building is unique and offers a variety of layouts and options for tenants. Property is 100% occupied. Measurements are given as a courtesy only. Buyer is advised to obtain an independent measurement.

Discover the perfect blend of urban convenience and outdoor beauty at Spencer Court Apartments in Salt Lake City. Nestled in the prestigious avenues district, this vibrant neighborhood offers a serene retreat just minutes from downtown. Investors will appreciate the area's appeal to residents seeking a multifamily community in a charming, low-rise setting. With nearby attractions such as Memory Grove Park, City Creek Center, and the Utah State Capitol, tenants can enjoy the best of city living and natural surroundings. Explore the thriving local arts and culture scene, and savor easy access to dining, entertainment, and outdoor recreation. Salt Lake City's allure is the ideal draw for investors seeking a well-rounded multifamily investment opportunity.

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