Price improvement! 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.
For sale
Price cut: $250K (4/23)
$3,700,000
240 N Spencer Ct, Salt Lake City, UT 84103
30beds
22baths
14,859sqft
Est.:
Multi Family
Built in 1916
-- sqft lot
$-- Zestimate®
$249/sqft
$-- HOA
What's special
Charming multi-unit buildings
- 71 days
- on Zillow |
- 554 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 04:38pm
Listed by:
Joseph Mills 801-971-2542,
Investment Realty Advisors LLC,
Porter Criddle 801-694-5291,
Investment Realty Advisors LLC
Source: UtahRealEstate.com,MLS#: 2074030

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 30
- Bathrooms: 22
Features
- Flooring: Hardwood, Tile, Concrete
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 14,859
- Total interior livable area: 14,859 sqft
Property
Parking
- Parking features: Open
- 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: $249/sqft
- Tax assessed value: $624,000
- Annual tax amount: $16,120
- Date on market: 3/31/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Inclusions: Microwave, Range, Refrigerator
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
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