Search
Vinyl Siding Triplex
For Sale
$63,000

807 4th Avenue, Spencer, IA 51301

MULTI_FAMILY - Spencer, IA

Property SizeContact for details
Lot Size0.18 Acres
Days on Market239

Property Features for 807 4th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Rooms Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Basement, Bathroom 1, Bedroom 1
Elementary school district Spencer
Middle school district Spencer
High school district Spencer
Directions GPS
Subdivision Clay
Standard status Active
APN 963712433018
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1 COBBS COURT *see abstract for full legal*
Tax Annual Amount 1562
Legal Description 1 COBBS COURT *see abstract for full legal*

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1900
Number of units 3
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: Hinn Real Estate
Listed By: Bryan Sebastian · License #S65753
Added: Dec 8, 2025 Changed: Aug 4 Last Checked: Aug 4 at 4:06PM
MLS# 251528

Copyright © 2026 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex at 807 4th Avenue offers three residential units within a compact setting on a 0.1818-acre lot. The property was built in 1900 and features vinyl siding and an asphalt roof. Heating is provided via forced air. The layout includes a basement and multiple bedrooms and bathrooms across the units.

The building is located in Spencer, Clay County, Iowa (51301). Public water and public sewer service are available for the property.

With its three-unit configuration, the property can support tenants across the same address, with a straightforward, residential income setup for an owner looking to manage a small multi-family asset.

Key Highlights

  • Three‑unit triplex on 0.1818‑acre lot
  • Vinyl siding exterior
  • Forced‑air heating

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Garden Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

802
Businesses Nearby

Demographics for 51301, IA

12,606
Population
6,096
Households
2.1
Avg Household Size
43
Median Age
28%
College-Educated
95%
High-School Grad
157.7 sq mi
ZIP Area
80
Density / Sq Mi
$61,175
Median Household Income
$38,961
Median Earnings
$796
Median Rent
$180,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Triplex with public water and sewer, forced-air heating, and an asphalt roof built in 1900.
Where is this triplex located?
The property is located at 807 4th Avenue Spencer, IA.
What is the asking price?
The asking price for this property is $63,000.
What are key features of this property?
This property features: Three‑unit triplex on 0.1818‑acre lot; Vinyl siding exterior; Forced‑air heating
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message