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New Construction Duplex
New
For Sale
$289,900

1614 W 11th St., Spencer, IA 51301

RESIDENTIAL, Spencer, IA

Property Size1,223 SF
Lot Size0.13 Acres
Price / SF$237.04
Days on Market5

Property Features for 1614 W 11th St.

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Rooms Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
Elementary school district Spencer
Middle school district Spencer
High school district Spencer
Subdivision Clay
Standard status Active
APN 963712302017
Size 1,223 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description W 1/2 Lot 3 Westshire 7th Addition
Tax Annual Amount 210
Legal Description W 1/2 Lot 3 Westshire 7th Addition

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 2025
Floors in Building 1
Building materials Hardboard
Architectural style Ranch
Listing Agency: Realty Professionals
Listed By: Susanne Hallett
Added: Sep 14 Changed: Sep 17 Last Checked: Sep 18 at 10:06AM
MLS# 261205

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 new-construction duplex property offers a 1,223-square-foot, two-bedroom, two-bath ranch-style townhome currently under construction. Interior specifications include 9 ft ceilings, Pella windows, solid wood doors and trim, maple cabinetry, quartz countertops, stainless steel kitchen appliances, and a custom porcelain tile backsplash. A 9 ft X 15 ft covered porch provides additional outdoor space, while the double attached garage is lined, insulated, and heated. The property also includes a lawn irrigation system.

The residence is located near the YMCA and Spencer Golf & Country Club. Public water and public sewer serve the property. Completed in 2025, the property includes a five-year partial tax abatement.

Key Highlights

  • 1,223 square feet with two bedrooms and two bathrooms
  • New construction completed in 2025; currently under construction
  • 9 ft X 15 ft covered porch with potential for four‑season conversion

Property Analytics

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Current Use

Duplexes

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.

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Ranch-style duplex property with quality finishes, a covered porch, and an attached heated garage.
Where is this duplex located?
The property is located at 1614 W 11th St. 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: 1,223 square feet with two bedrooms and two bathrooms; New construction completed in 2025; currently under construction; 9 ft X 15 ft covered porch with potential for four‑season conversion
More about this property
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