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    Spencer, IA Apartment Buildings for Sale

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    Spencer, Iowa Multi-Unit Opportunity
    $175,000
    4,308 SF

    Spencer, Iowa Multi-Unit Opportunity

    21 W 1ST ST, Spencer, IA 51301

    Value-add 6-plex near downtown Spencer with renovation upside.

    • Value‑add 6‑plex investment opportunity.
    • Immediate income from 2 currently rented units.
    • Significant upside potential through renovation and lease‑up of 4 vacant units.
    • Renovations already underway, reducing initial workload.
    • Convenient location near downtown Spencer amenities.
    Updated: Feb 24
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Income-Producing 6-Plex Near Downtown
    $314,900
    3,250 SF

    Income-Producing 6-Plex Near Downtown

    Spacious 6-plex with high occupancy and additional expansion lot.

    306 Haskell St., Fort Dodge, IA 50501
    View details
    Luverne Multifamily Investment Opportunity
    $1,750,000
    2.22 Acres

    Luverne Multifamily Investment Opportunity

    32-unit complex in Luverne, near amenities and recreation.

    109 E Luverne Street, Luverne, MN 56156
    View details
    New Multifamily Property with Amenities
    $7,000,000

    New Multifamily Property with Amenities

    Multifamily property built in 2023 with assumable HUD loan.

    120 W Hatting St, Luverne, MN 56156
    View details
    Fort Dodge Multifamily Investment
    $7,200,000
    48,000 SF

    Fort Dodge Multifamily Investment

    48-unit multifamily property in Fort Dodge, Iowa for sale.

    Regency West Ct 23rd Place N and N 15th Place, Fort Dodge, IA 50501
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Near Fairgrounds
    $595,000
    1,536 SF

    Prime Commercial Land Near Fairgrounds

    5.5 acres with dwelling, garage, and high traffic frontage.

    1004 W 18th Street, Spencer, IA 51301
    View details
    Commercial Land in Milford, Iowa
    $950,000
    4.70 Acres

    Commercial Land in Milford, Iowa

    4.7-acre commercial parcel ready for development in Milford, Iowa.

    00 P Avenue, Milford, IA 51351
    View details
    Prime Land in West Okoboji
    $2,995,000
    25.75 Acres

    Prime Land in West Okoboji

    25.75 acres in city limits with development potential.

    00 Lynch Ave., West Okoboji, IA 51351
    View details
    Corner Lot on Highway 71
    $225,000
    0.33 Acres

    Corner Lot on Highway 71

    Commercial land with frontage on Highway 71 in Milford.

    2201 Okoboji Blvd, Milford, IA 51351
    View details

    Spencer, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Spencer, IA on our real estate platform. These investment opportunities span a total of 5,227 square feet of properties for sale, with an estimated market value of $175,000.

    Sale prices for two-family homes in Spencer, IA start at $175,000, averaging $175,000, 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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