Back to Search
Three-Unit Residential Income Property

807 4th Avenue Spencer, IA 51301

Claim this Listing
For Sale
$63,000

MULTI_FAMILY - Spencer, IA

Lot size:
0.18 Acres
Added:
Dec 8, 2025
Days on Market:
215
Last Refresh:
Jul 11 at 8:06 am

Property Features for 807 4th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Basement, Bedroom 6, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1
Standard status
Active
APN
963712433018
Lot size
0.18 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
1 COBBS COURT *see abstract for full legal*
Tax Annual Amount
1562

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

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

Listing agent Bryan Sebastian License #S65753

Listing office Hinn Real Estate 2916 Hwy 71 S PO Box 449, Spirit Lake, IA

Listing date Dec 8, 2025

MLS# 251528 Listing URL

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 is a three-unit residential income property featuring a 3-unit layout on a lot of 0.1818 acres. The listing is presented as a property that will benefit from repairs and updates, making it well suited for an owner-operator or investor ready to improve the asset and refine the residential units.

The property is located at 807 4th Avenue in Spencer, Iowa (51301), in Clay County. Public remarks indicate the location is within walking distance to many nearby amenities, supporting convenient day-to-day access for prospective tenants.

With three separate units, the building provides an at-home rental structure for households seeking independent residential space. For buyers looking for a small multifamily asset, this triplex format can simplify management compared with larger complexes, while still offering multiple income-producing units within one property. Interested parties should plan to review the condition on-site and confirm current unit details, since the remarks emphasize the need for repairs and updates.

Key Highlights

  • 3‑unit investment property in Spencer with public water and public sewer
  • Year built 1900 with vinyl siding and an asphalt shingle roof
  • Forced‑air heating system

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Garden Center Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Bakery Catering Service

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

FAQs

What type of property is this?
Triplex - Three-unit multifamily property offers a straightforward residential income setup in Spencer, Iowa.
Where is this triplex located?
The property is located at 807 4th Avenue Spencer, IA.
What is the asking price?
The asking price for this property is $63,000.
What are key features of this property?
This property features: 3‑unit investment property in Spencer with public water and public sewer; Year built 1900 with vinyl siding and an asphalt shingle roof; Forced‑air heating system
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message