41-Unit Apartment
For Sale
Contact for pricing
Pending
1212 S Grand Avenue, Spencer, IA 51301
Updated apartment community with private balconies, individual heating and cooling, and garage parking.
Property SizeContact for details
Days on Market142
Property Features for 1212 S Grand Avenue
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Integrity Real Estate
(712) 339-0293
Listed By:
Nick Steffes · License #IA B44022000
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 11:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Integrity Real Estate
Investment Insights
Based on property information with market context.
This 41-unit apartment building includes 28 two-bedroom residences and 13 one-bedroom residences. Unit improvements include new kitchen and bathroom faucets, fixtures, and vanities, along with updated windows and sliding doors. Each residence has a furnace and air conditioning, with some furnaces newer than others. Private balconies and a replaced roof add to the property’s physical features.
The property includes 50-car garage parking. The owner currently provides all utilities, while the utility setup has the potential to be separated. Exterior wall replacement has been completed, providing a significant improvement to the building envelope.
The property includes 50-car garage parking. The owner currently provides all utilities, while the utility setup has the potential to be separated. Exterior wall replacement has been completed, providing a significant improvement to the building envelope.
Key Highlights
- 41 units: 28 two‑bedroom and 13 one‑bedroom apartments
- 50‑car garage parking
- Complete replacement of exterior walls
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated apartment community with private balconies, individual heating and cooling, and garage parking.
Where is this apartment building located?
The property is located at 1212 S Grand Avenue Spencer, IA.
What are key features of this property?
This property features: 41 units: 28 two‑bedroom and 13 one‑bedroom apartments; 50‑car garage parking; Complete replacement of exterior walls
