240 N Spencer Ct Salt Lake City, UT 84103

$4,400,000
30 beds
22 baths
13,631 sqft
0.6 acres
$323 / sqft
Multi-Family

Property details

About 240 N Spencer Ct

Introducing Spencer Court Apartments, a prime 22 unit multi-family property located in the sought-after Avenues area of Salt Lake City. Built in the early 20th century, this property consists of six buildings comprising of 6 units (234 E), 4 units (240 E) 3 units (224 E), 4 units (226 E), 3 units (230 E), and 2 units (232 E). This property is located near City Creek Center, University of Utah, and Memory Grove Park making it a highly desirable area for rental growth. Value add opportunity. Measurements are provided as a courtesy only. Buyer is advised to obtain independent measurement.

Highlights

Home typeMulti Family
StatusActive
Size13,631 sqft
Lot size0.58 Acres
Year built1916
ParkingParking: Uncovered
MLS #2029023

Summary

  • MLS Number: 2029023
  • MLS Name: UtahRealEstate.com
  • Office Name: Investment Realty Advisors LLC
  • Office Phone: (435) 485-7070
  • Listing Agent: Cory Waddoups

IDXBased on information from UtahRealEstate.com 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. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$4,400,000

240 N Spencer Ct

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Price information

Property sales

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Tax history

YearAssessmentProperty Tax
2024$624,000$3,270
2023$780,500$4,243
2022$781,200$4,527
2021$604,800$3,871

History based on county public records data.

Nearby schools

8

Ensign School

Public District PK-6

1.1 mi

775 E 12th Ave

3

Mary W. Jackson School

Public District PK-6

1.4 mi

750 W 200 N

9

Wasatch School

Public District KG-6

1.5 mi

30 R St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,459. Most Salt Lake City, UT residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

35%
<35k
48%
35k-100k
15%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

67%
Single, No Kids
5%
Single, with Kids
21%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
3%
12-17 yrs old
38%
18-34 yrs old
34%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • TennisTennis

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

This home is located at 240 N Spencer Ct in Salt Lake City, UT and zip code 84103 in the Canyon Road / West Avenues neighborhood. This 13,631 square foot home, which was built in 1916, sits on a 0.58 acre lot. Features: 30 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $4,400,000.

The inventory of homes for sale in Salt Lake City, UT between November and December 2024 increased by 18.6%. The median list price of listings available in December 2024 was $589,956, while the average time on the real estate market was 94 days.

From Rocket Homes Real Estate and based on county public records data.

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