Multifamily

Spencer, IN Multifamily Properties for Sale

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Gosport, IN Freedom, IN Ellettsville, IN Bloomington, IN Bloomfield, IN Patricksburg, IN Paragon, IN Quincy, IN
Updated Duplex
Updated: Sep 12
Updated Duplex

1451 Red Cedar Lane, Spencer, IN 47460

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1,755 sqft 0.45 AC lot
Two units, each with 2 bedrooms and 1 bathroom
1,755 square feet on a 0.45‑acre lot
Interior updates include flooring, fixtures, and cosmetic improvements
Built in 1990 with vinyl siding and an asphalt roof
Well water and septic system
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Updated-Kitchen Duplex
Updated-Kitchen Duplex

4251 N Melvin Lane, Bloomington, IN 47404

$325,000
2,352 sqft 0.33 AC lot

Two residences offer garage parking, central air, and outdoor space in Bloomington.

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Multifamily Property with Outbuildings
Multifamily Property with Outbuildings

State Hwy 246, Patricksburg, IN 47455

$105,000
4,174 sqft 1.30 AC lot

Four separate one-story duplex buildings are accompanied by a barn and two additional buildings.

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Side-by-Side Duplex with Garages
Side-by-Side Duplex with Garages

4251 N Melvin Ln, Bloomington, IN 47404

$325,000
2,352 sqft 0.33 AC lot

Two tenant-occupied residences offer updated kitchens, open living areas, private decks, and attached garages.

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Bloomington Residential Land Development Opportunity
Bloomington Residential Land Development Opportunity

825 S Kirby Road, Bloomington, IN 47403

$1,600,000
30.23 AC lot

30.23 acre residential land suitable for multi-family development.

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Off-Market Properties in Spencer, IN

Consider similar Off-Market properties in Spencer, IN. 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.

4557 Barbary Ln
MOBILE HOME PARK, TRAILER PARK

4557 Barbary Ln, Spencer, IN 47460-5815

Estimated value:
$280,000
938 sqft 3.96 AC lot
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707 Mdw Dr
MOBILE HOME PARK, TRAILER PARK

707 Mdw Dr, Spencer, IN 47460-1071

Estimated value:
$550,000
7.06 AC lot
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602 Indiana Ave
MOBILE HOME PARK, TRAILER PARK

602 Indiana Ave, Spencer, IN 47460-1122

Estimated value:
$260,000
0.45 AC lot
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202 Mallorie Dr
MOBILE HOME PARK, TRAILER PARK

202 Mallorie Dr, Spencer, IN 47460-5515

Estimated value:
$280,000
1,104 sqft 3.37 AC lot
View details
310 Franklin St
MOBILE HOME PARK, TRAILER PARK

310 Franklin St, Spencer, IN 47460-1822

Estimated value:
$255,000
0.91 AC lot
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534 Dixie Hl Rd
CAMPGROUND, RV PARK

534 Dixie Hl Rd, Spencer, IN 47460-5698

Estimated value:
$245,000
4.40 AC lot
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Spencer, IN Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Spencer, IN on our real estate platform. These investment opportunities span a total of 1,755 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 11K
Population Growth (5Y) +4.4%
Median Household Income $67,688
College Educated 29.5%

Taxes & Financing

Tax Rate (average for all types) 1.89%
Property Tax per SF $34.39 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

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