Apartment Building

Spencer, IA Apartment Buildings for Sale

Notify Me
List
Map
Dickens, IA Ruthven, IA Milford, IA West Okoboji, IA Spirit Lake, IA Arnolds Park, IA Wahpeton, IA Graettinger, IA
13-Unit Townhome Community
Updated: Oct 24
13-Unit Townhome Community

1302-1350 S Grand Plaza Drive, Spencer, IA 51301

$1,025,000
11,088 sqft
13 townhome units: two 1‑bedroom/1‑bathroom and 11 2‑bedroom/1.5‑bathroom
11,088 SF total rentable area; average unit size is 853 SF
Built in 1973; renovated in the early 2000's
New roof completed in 2025
13 individual garage spaces and direct exterior entry for each unit
View details
Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

17-Unit Apartment Building
17-Unit Apartment Building

2212 Okoboji Ave, Milford, IA 51351

$950,000
10,882 sqft 0.35 AC lot

A mixed configuration pairs conventional apartments with furnished rooms suited to short-stay operations.

View details
Townhome-Style Apartment Buildings
Townhome-Style Apartment Buildings

3300 Sunner Ave Bldg A & B, Spirit Lake, IA 51360

$1,295,000
14,784 sqft

Twelve-unit multifamily property with attached garages, in-unit laundry, and walk-out patios.

View details
8-Unit Apartment Building with Garages
8-Unit Apartment Building with Garages

1501 Hill Ave, Spirit Lake, IA 51360

$900,000
8,064 sqft

Eight two-bedroom residences include garage parking, shared laundry, and tenant storage.

View details
24-Unit Apartment Building
24-Unit Apartment Building

1209 6th Street, Milford, IA 51351

$2,500,000

The property combines varied apartment layouts with garages, storage units and on-site parking.

View details

Spencer, IA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Spencer, IA on our real estate platform. These investment opportunities span a total of 11,088 square feet of properties for sale, with an estimated market value of $1,025,000.

Sale prices for apartment complexes in Spencer, IA average $1,025,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Demographics Overview

Population 12K
Population Growth (5Y) +0.0%
Median Household Income $61,175
College Educated 35.9%

Taxes & Financing

Tax Rate (average for all types) 2.27%
Property Tax per SF $32.12 per SF
Tax Rate vs County Average 0.19 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Why this one?
Saved