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Three-Unit Multifamily Property
For Sale
$63,000

807 4th Avenue W, Spencer, IA 51301

The building contains three residential units in Spencer, Iowa.

Property SizeContact for details
Days on Market323

Property Features for 807 4th Avenue W

General Information

Standard status Active
Property subtype Multi Family Home

Additional Details

Multifamily Units 3

Building Details

Year Built 1900
Units 3
Listing Agency: Hinn Real Estate
Listed By: Bryan Sebastian · License #S65753
Source: Lakelandrealtyofiowa
Added: Dec 8, 2025 Changed: Oct 26 Last Checked: Oct 26 at 4:08AM

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 Hinn Real Estate

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Investment Insights

Based on property information with market context.

This multifamily property at 807 4th Avenue W in Spencer, Iowa, was built in 1900 and is configured as three residential units. The property is presented as requiring repairs and updates.

Its Spencer location is described as within walking distance of a range of destinations.

Key Highlights

  • Three residential units
  • Built in 1900
  • Located at 807 4th Avenue W in Spencer, Iowa

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

764
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

Frequently Asked Questions

What type of property is this?
Triplex - The building contains three residential units in Spencer, Iowa.
Where is this triplex located?
The property is located at 807 4th Avenue W 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: Three residential units; Built in 1900; Located at 807 4th Avenue W in Spencer, Iowa
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