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    Spencer, IA
    Quadplex

    Spencer, IA Quadplexes for Sale

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    Dickens, IA Fostoria, IA Rossie, IA Milford, IA Terril, IA West Okoboji, IA Spirit Lake, IA Arnolds Park, IA
    Four-Unit Apartment Building
    Updated: Aug 15
    Four-Unit Apartment Building

    206 W 3rd Street, Spencer, IA 51301

    $165,000
    2,716 sqft
    Four separate residential units under one roof
    Each unit includes 1 bedroom and 1 bathroom
    2,716 square feet of building area
    Fully occupied rental property
    New windows
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Four-Quadplex Multifamily Property
    Four-Quadplex Multifamily Property

    1100 E Elder St, Canton, SD 57013

    $2,150,000
    13,984 sqft

    Four single-level buildings contain two-bedroom units with individual utilities, laundry hookups, and attached garages.

    View details
    Updated 4-Unit Quadplex
    Updated 4-Unit Quadplex

    1517 4th Ave S, Fort Dodge, IA 50501

    $179,900
    2,187 sqft 0.19 AC lot

    Four residential units include a varied bedroom mix, central air, and public water and sewer service.

    View details
    Four-Building Quadplex Portfolio
    Four-Building Quadplex Portfolio

    1100 E Elder St, Canton, SD 57013

    $2,150,000
    13,984 sqft 1.49 AC lot

    Single-level rental units offer attached garages, individual utilities, and laundry hookups.

    View details
    4-Unit Apartment Building
    4-Unit Apartment Building

    211 N 12th St, Fort Dodge, IA 50501

    Contact for pricing

    Four one-bedroom apartments with a July 2022 roof replacement and completed city inspections.

    View details

    Spencer, IA Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Spencer, IA on our real estate platform. These investment opportunities span a total of 2,716 square feet of properties for sale, with an estimated market value of $165,000.

    Sale prices for four-unit buildings in Spencer, IA average $165,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3
    Duplexes 1
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +0.0%
    Median Household Income $61,175
    College Educated 35.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.27%
    Property Tax per SF $32.12 per SF
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clay County

    New Delisted

    Total CRE Inventory on Market (SF)

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