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215 2nd Avenue W Spencer, IA $ 140,000
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$ 140,000 Get more info
215 2nd Avenue W
$ 140,000
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215 2nd Avenue W

Spencer, IA, 51301
$ 140,000
Bedrooms4 Baths4.0 Sq 2,688

Monthly Estimate*

$ 884

215 2nd Avenue W, Spencer, IA 51301 - Image 1
215 2nd Avenue W, Spencer, IA 51301 - Image 2

Multi-Family Home for sale in Spencer, IA

for $140,000 with 4 bedrooms and 4 full baths. This 2,688 square foot home was built in 1954 on a lot size of 0.1.

Great Investment Opportunity! Located at 215 2nd Ave. W. in Spencer, this four-plex offers four separate rental units, each featuring 1 bedroom and 1 bathroom. Whether you’re looking to grow your rental portfolio or step into investment property ownership, this property offers income potential with multiple units all in one convenient location. Don’t miss the opportunity to add this four-unit property to your portfolio!

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Multi-Family Active

Price

$ 140,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,770

Style

Quadruplex

Lot Size

0.1

Year Built

1954

Town/City

Spencer

County/Region

Clay

MLS | Web ID

260994
Features
General
Sewer Public Sewer
Heating Forced Air
Roof Asphalt
Flood Zone Unknown
Number of Garage Spaces 0
School District Spencer
Number of Units 4
Class MULTIFAMILY
Assessments Unknown
Levels Two
Type Quadruplex
Yearly Taxes 1770
Tax Year 2024
Fuel Natural Gas
Status Active
Subdivision IA
Sale/Rent For Sale
Status Detail 0
Lot Sqft 4400
Construction Materials Wood Siding
Primary City Spencer
Year Built 1954
Directions .
City Spencer
Disclosures Lead Based Paint Disc Property Condition Disc
Total Sq Ft 2688
DOM 1
Secondary City Clay County
Postal Code 51301
Potential Short Sale No
Public Remarks Great Investment Opportunity! Located at 215 2nd Ave. W. in Spencer this four-plex offers four separate rental units each featuring 1 bedroom and 1 bathroom. Whether you’re looking to grow your ren
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Exterior
Waterfront 0
Garage Type None
Lot Size Source Assessor
Water Source Public/City
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Interior
Furnished Y/N No
Fireplace 0
Total Baths 4
Basement Style Full
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* Excluded Features
List By
Kari Stave

Listing Agent

Exit Realty Midwest- Spencer/Emmetsburg

Broker

(712) 363-2691

Phone

klstave@gmail.com

Email

Affordability Calculator

$1,031
Per Month
86%
14%
0%
Monthly Principal & Interest
$884
Monthly Property Taxes
$148
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
1883250 Elementary School
1883270 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/13/2026$140,000 Listed Price

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215 2nd Avenue W, Spencer, IA, 51301 is a Multi-Family Home for sale at $140,000 with 2,688 sqft and a lot size of 0.1. 215 2nd Avenue W has 4 bedrooms, 4.0 baths, and was built in 1954. The property's zip code is 51301 which is in Spencer, IA

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