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    Spencer, IA Duplexes for Sale

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    Fostoria, IA Everly, IA Milford, IA
    Spencer Iowa Multifamily Investment Opportunity
    $115,000
    0.18 Acres
    Spencer Iowa Multifamily Investment Opportunity

    19 E 2nd Street, Spencer, IA 51301

    Multifamily property in Spencer, Iowa, with a strong occupancy history.
    • Consistent cash flow and strong occupancy history, ideal for investors.
    • Two separate living units providing dual income potential.
    • Located near downtown Spencer.
    • Main floor bedrooms offer accessibility.
    • Durable exterior construction with block and wood siding.
    Updated: Oct 10, 2025
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    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.

    Contemporary Duplex on Spirit Lake
    $1,990,000
    3,848 SF
    Contemporary Duplex on Spirit Lake

    New construction duplex designed for comfortable lake living.

    16822 255th Street, Spirit Lake, IA 51360

    View details
    Contemporary Duplex on Spirit Lake
    $1,990,000
    3,834 SF
    Contemporary Duplex on Spirit Lake

    New construction duplex designed for comfortable lake living.

    16822 255th Street, Spirit Lake, IA 51360

    View details
    Arnolds Park Duplex with Upgrades
    $389,000
    1,424 SF
    Arnolds Park Duplex with Upgrades

    Well-maintained duplex in desirable neighborhood, close to amenities.

    416 Emerald Dr., Arnolds Park, IA 51331

    View details
    Golf Course Patio Home
    $595,000
    1,885 SF
    Golf Course Patio Home

    Move-in ready duplex on Emerald Hills Golf Course.

    1018 Emerald Hills Drive, Arnolds Park, IA 51331

    View details

    Spencer, IA Duplexes Investment Opportunities Market Analysis

    Explore 1 duplexes for sale in Spencer, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $115,000.

    Sale prices for duplexes in Spencer, IA start at $115,000, averaging $115,000, and reaching up to $115,000 — 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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    Top Commercial Asset Segments

    Apartment buildings 1
    Duplexes 1
    Triplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Spencer submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    51301 $115K

    Taxes & Financing

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

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