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    Spencer, IA Residential Income 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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    Light-Filled Home with Large Backyard
    $214,900

    Light-Filled Home with Large Backyard

    Two-bedroom home featuring ample storage and a spacious backyard.

    1613 11Th Ave W, Spencer, IA 51301
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 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.

    Spacious Ranch Home with Modern Amenities
    $329,900
    1,528 SF

    Spacious Ranch Home with Modern Amenities

    1500+ sq ft ranch with 2 beds, 2 baths.

    106 S 15Th Ave, Rock Rapids, IA 51246
    View details
    Historic Mixed-Use Building in Iowa
    $399,000
    0.15 Acres

    Historic Mixed-Use Building in Iowa

    Charming historic building with income potential in downtown Rock Rapids.

    202 1St Ave, Rock Rapids, IA 51246
    View details
    Ida Grove Mixed-Use Opportunity
    $189,000
    0.06 Acres

    Ida Grove Mixed-Use Opportunity

    Former restaurant with apartment and rental income potential in Iowa.

    407 2Nd St, Ida Grove, IA 51445
    View details
    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
    View details

    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 by Request
    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 by Request
    317 18th St, Spencer, IA 51301-3400
    View details

    Spencer, IA Residential Income Properties Investment Opportunities Market Analysis

    Explore 6 residential income properties for sale in Spencer, IA, showcased through 4 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 residential income 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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