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    Spencer, IA Multifamily Properties for Sale

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    Spencer Duplex: Investor Opportunity
    $125,000
    2,050 SF

    Spencer Duplex: Investor Opportunity

    19 E 2Nd St, Spencer, IA 51301

    Two-unit property in Spencer, Iowa, offering stable income potential.

    • Income‑producing property with long‑term tenants and consistent cash flow.
    • Two separate living units offering simple, practical living.
    • Strong occupancy history.
    • Located near downtown Spencer.
    • Concrete and gravel shared driveway.
    Updated: Oct 10, 2025
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    Six-Unit Conversion Opportunity
    $82,000
    0.31 Acres

    Six-Unit Conversion Opportunity

    312 W 2Nd St, Spencer, IA 51301

    Six-unit conversion property near downtown and bike trails.

    • Six‑unit conversion property offering significant rental income potential.
    • Located blocks from downtown and bike trails.
    • Features five 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit.
    • Built in 1915, offering historical charm.
    • Opportunity to restore the property to its former glory.
    Updated: Dec 9, 2025
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    Spencer, Iowa Triplex Opportunity
    $68,000
    0.18 Acres

    Spencer, Iowa Triplex Opportunity

    Three-unit property in Spencer, Iowa, ideal for investment.

    807 4Th Ave W, Spencer, IA 51301
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Building in Rock Rapids
    $399,000
    0.15 Acres

    Historic Mixed-Use Building in Rock Rapids

    Charming historic building with income potential in downtown Rock Rapids.

    202 1St Ave, Rock Rapids, IA 51246
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    Renovated Duplex in Rock Rapids
    $425,000
    2,220 SF

    Renovated Duplex in Rock Rapids

    Completely renovated duplex with modern amenities and income potential.

    507 S Greene St, Rock Rapids, IA 51246
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    Ida Grove Triplex For Sale
    $358,000
    1.06 Acres

    Ida Grove Triplex For Sale

    Fully occupied triplex with immediate income and private parking.

    800 Valley View Dr, Ida Grove, IA 51445
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    Ida Grove Quadruplex Investment
    $425,000
    0.72 Acres

    Ida Grove Quadruplex Investment

    Four-unit complex with consistent occupancy and reliable rental history.

    802 Valley View Dr, Ida Grove, IA 51445
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    Explore Off-Market Properties in Spencer, IA

    Consider similar Off-Market properties in Spencer, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    317 11th SE St

    317 11th SE St

    MOBILE HOME PARK, TRAILER PARK • 8,738 SF
    Value Estimation
    $215,000
    317 11th SE St, Spencer, IA 51301-6045
    View details
    317 18th St

    317 18th St

    MOBILE HOME PARK, TRAILER PARK • 3.75 Acres
    Value Estimation
    $200,000
    317 18th St, Spencer, IA 51301-3400
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    Spencer, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Spencer, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 192,971 square feet of properties for sale, with an estimated market value of $475,000.

    Prices for multifamily properties in Spencer, IA start at $68,000, averaging $118,750, and reaching up to $200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Popular Searches in Spencer, IA

    Most Searched ZIP Codes in Spencer, IA

    • 51301

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