1704 4th Avenue SW Spencer, IA $ 409,000
1704 4th Avenue SW
$ 409,000
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1704 4th Avenue SW

Spencer, IA, 51301
$ 409,000
Bedrooms12 Baths4.0

Monthly Estimate*

$ 2,518

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Multi-Family Home for sale in Spencer, IA

for $409,000 with 12 bedrooms and 4 full baths. This home was built in 1977 on a lot size of 0.33.

A solid investment opportunity awaits! Here is a tried and true 4 plex with a prime location on the Spencer Municipal Golf Course. This property is fully rented and ready for spring and the new golf season. All units offer 3 bedrooms, 1 bath and a 1 stall garage. Lower level units 1 & 2 have a walk out patio, units 3 & 4 feature a walk out deck. Your tenants will love the location as they watch the sunrise over the course, you will love the fact that the property received a fresh coat of paint last summer! For an investment that will have you seeing "green"...number 17 to be exact, put this one on your list today!

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Multi-Family Active

Price

$ 409,000

Bedrooms

12

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,948

Style

Quadruplex

Lot Size

0.33

Year Built

1977

Town/City

Spencer

County/Region

Clay

MLS | Web ID

260140

Features
General
Sewer Public Sewer
Heating Forced Air
Roof Asphalt
Flood Zone No
Number of Garage Spaces 4
School District Spencer
Number of Units 4
Class MULTIFAMILY
Assessments No
Type Quadruplex
Yearly Taxes 5948
Tax Year 2026
Fuel Electric
Status Active
Subdivision IA
Sale/Rent For Sale
Status Detail 0
Lot Sqft 14560
Construction Materials Wood Siding
Primary City Spencer
Year Built 1977
Directions GPS/ Turn at Wal Mart corner and go south property on the left side of road
City Spencer
DOM 2
Secondary City Clay County
Postal Code 51301
Potential Short Sale No
Public Remarks A solid investment opportunity awaits! Here is a tried and true 4 plex with a prime location on the Spencer Municipal Golf Course. This property is fully rented and ready for spring and the new golf
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Exterior
Waterfront 0
Garage Type Attached
Lot Size Source Assessor
Water Source Public/City
Number of Off Street Parking 4
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Interior
Furnished Y/N No
Fireplace 0
Total Baths 4
Basement Style None
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* Excluded Features
List By
Bryan Sebastian

Listing Agent

Hinn Real Estate

Broker

(712) 240-6613

Phone

bsebastian.re@gmail.com

Email

Affordability Calculator

$3,014
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,518
Monthly Property Taxes
$496
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1883250 Elementary School
1883270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2026$409,000 Listed Price

Map


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1704 4th Avenue SW, Spencer, IA, 51301 is a Multi-Family Home for sale at $409,000 with a lot size of 0.33. 1704 4th Avenue SW has 12 bedrooms, 4.0 baths, and was built in 1977. The property's zip code is 51301 which is in Spencer, IA