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    Clay County, IA Apartment Buildings for Sale

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    Spencer Multifamily Renovation Opportunity
    $175,000
    4,308 SF

    Spencer Multifamily Renovation Opportunity

    21 W 1St St, Spencer, IA 51301

    Six-unit multifamily property in Spencer, Iowa with renovation upside.

    • Value‑add opportunity with strong upside potential.
    • Partially remodeled 6‑plex with 2 units currently rented, providing immediate income.
    • Opportunity to renovate 4 vacant units and significantly improve returns.
    • Much of the heavy lifting for renovations has already been started.
    • Conveniently located near downtown Spencer amenities.
    Updated: Feb 24
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    Six-Unit Conversion Opportunity
    Pending
    $82,000
    0.31 Acres

    Six-Unit Conversion Opportunity

    312 W 2Nd St, Spencer, IA 51301

    Six-unit conversion property near downtown and bike trails.

    • Six‑unit conversion property offering significant rental income potential.
    • Located blocks from downtown and bike trails.
    • Features five 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit.
    • Built in 1915, offering historical charm.
    • Opportunity to restore the property to its former glory.
    Updated: Feb 9
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    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Clay County, IA, we suggest exploring several alternatives:

    Clay County, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Clay County, IA on our real estate platform. These investment opportunities span a total of 18,731 square feet of properties for sale, with an estimated market value of $257,000.

    Sale prices for two-family homes in Clay County, IA start at $82,000, averaging $128,500, and reaching up to $175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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