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Specialty Property with Heated Garage
For Sale
$279,900

1612 W 11th Street, Spencer, IA 51301

RESIDENTIAL, Spencer, IA

Property Size1,223 SF
Lot Size0.13 Acres
Price / SF$228.86
Days on Market119

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 Bathroom 1, Bedroom 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 & vanities
quartz countertops
stainless-steel kitchen appliances
kitchen backsplash
9-ft ceilings
Pella windows
covered porch
double attached garage
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: Oct 5 Last Checked: Oct 8 at 2:06AM
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 townhome offers 1,223 square feet with two bedrooms and two bathrooms. Interior features include maple cabinetry, quartz counters, stainless-steel kitchen appliances, 9-foot ceilings, Pella windows, a pantry, and main-floor laundry. A 9-foot-by-15-foot covered porch and an attached, lined and insulated heated garage complement the residence. The property also has central air, forced-air heat, concrete driveway, and lawn irrigation.

Built in 2025, the home occupies a 0.1283-acre lot in Spencer, Iowa. Public water and sewer serve the property. A five-year tax abatement is included.

Key Highlights

  • Two‑bedroom, two‑bath townhome with 1,223 square feet
  • Attached double garage is lined, insulated, and heated
  • 9‑foot‑by‑15‑foot covered porch

Property Analytics

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Current Use

Specialty properties

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Dental Office Nail Salon Pharmacy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Specialty property - The two-bedroom, two-bath layout includes main-floor laundry and an attached, insulated garage.
Where is this specialty property located?
The property is located at 1612 W 11th Street Spencer, IA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Two‑bedroom, two‑bath townhome with 1,223 square feet; Attached double garage is lined, insulated, and heated; 9‑foot‑by‑15‑foot covered porch
More about this property
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