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New Construction Duplex
For Sale
$289,900

1612 W 11th Street, Spencer, IA 51301

RESIDENTIAL, Spencer, IA

Property Size1,223 SF
Lot Size0.13 Acres
Price / SF$237.04
Days on Market73

Property Features for 1612 W 11th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
Patio and Porch features Patio
Interior features Ceiling Fan(s), Garage Door Opener, Main Floor Bedrooms, Main Floor Laundry, Pantry, Smoke Alarms, Washer/Dryer Hkups
Exterior features Driveway-Concrete, Irrigation System, Patio
Appliances Disposal
Lot features Landscaped, Paved Street(s)
Elementary school district Spencer
Middle school district Spencer
High school district Spencer
Directions Use GPS
Subdivision Clay
Standard status Active
APN 963712302018
Size 1,223 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E 1/2 3 Westshire 7th
Tax Annual Amount 210
Legal Description E 1/2 3 Westshire 7th

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

maple cabinets
quartz countertops
9-ft ceilings
Pella windows
covered porch
lawn irrigation system

Building Details

Year built 2025
Floors in Building 1
Building materials Smart Board
Roof type Asphalt
Architectural style Ranch
Listing Agency: Realty Professionals
Listed By: Susanne Hallett
Added: Jun 12 Changed: Aug 20 Last Checked: Aug 23 at 2:06PM
MLS# 260633

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 under-construction ranch-style duplex property offers 1,223 square feet with two bedrooms and two bathrooms. Interior plans include main-floor bedrooms and laundry, a pantry, ceiling fans, smoke alarms, and washer/dryer hookups. Finishes include maple cabinetry and vanities, quartz countertops, 9-foot ceilings, and Pella windows. A 9-foot by 15-foot covered porch provides outdoor space, while the attached double garage is lined, insulated, and heated. Central air and forced-air heating serve the home, with a concrete driveway and lawn irrigation system outside.

The property is located near the YMCA and country club in Spencer. Public water and public sewer are provided. Additional features include a disposal, garage door opener, asphalt roof, Smart Board construction materials, and a five-year tax abatement.

Key Highlights

  • Under‑construction 2025 ranch‑style duplex property
  • 1,223 square feet with two bedrooms and two bathrooms
  • Maple cabinets, quartz countertops, 9‑ft ceilings, and Pella windows

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Building Supply Spa & Massage Center

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

121
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
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Frequently Asked Questions

What type of property is this?
Duplex - Ranch-style residence with two bedrooms, two baths, a covered porch, and an attached heated garage.
Where is this duplex located?
The property is located at 1612 W 11th Street Spencer, IA.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Under‑construction 2025 ranch‑style duplex property; 1,223 square feet with two bedrooms and two bathrooms; Maple cabinets, quartz countertops, 9‑ft ceilings, and Pella windows
More about this property
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