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    807 4Th Ave W Spencer, IA 51301

    New
    For Sale
    $68,000

    Triplex - Spencer, IA

    Type:Triplex
    Lot size:
    0.18 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for 807 4Th Ave W

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    APN
    963712433018
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    Hinn Real Estate (712) 336-1240 [email protected]

    Listing agent Bryan Sebastian (712) 336-1240 License #S65753

    Listing date Dec 9, 2025

    MLS# 251528 Listing URL

    Copyright © 2025 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.

    Overview

    Spencer, Iowa Triplex Opportunity

    This three-unit property presents an investment opportunity in the heart of Spencer, Iowa. Its location offers convenient access to various amenities. The property is a desirable rental location. Located on a 0.18-acre lot, this triplex is situated in Clay County, with the postal code 51301.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Clay
    State
    Iowa
    Longitude
    -95.150825
    Latitude
    43.145853

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    FAQs

    What type of property is this?
    Triplex - Three-unit property in Spencer, Iowa, ideal for investment.
    Where is this triplex located?
    The property is located at 807 4Th Ave W Spencer, IA.
    What is the asking price?
    The asking price for this property is $68,000.
    What are key features of this property?
    This property features: - Investment opportunity with potential for rental income; - Three-unit property; - Located in the heart of Spencer
    (712) 336-1240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    807 4Th Ave W Spencer, IA 51301
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