Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Income
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price range
    $
    $
    Size
    Property size / sq.ft.
    Residential Income
    Clear All

    Meet Realmo: The Largest Hub
    of Commercial Real     Estate in the US

    Over 1 million active listings and over 150 million property profiles

    Spencer, IA Residential Income Properties for Sale

    Notify Me
    List
    Map
    Des Moines, IA Ankeny, IA Dubuque, IA
    Spencer Iowa Golf Course Quadruplex
    $409,000
    0.33 Acres

    Spencer Iowa Golf Course Quadruplex

    1704 4th Avenue SW, Spencer, IA 51301

    Fully rented quadruplex near Spencer Municipal Golf Course.

    • Prime location on the Spencer Municipal Golf Course.
    • Fully rented 4‑plex, providing immediate income.
    • Each unit has 3 bedrooms, 1 bath, and a 1‑stall garage.
    • Units 1 & 2 have walk‑out patios; Units 3 & 4 have walk‑out decks.
    • Property received a fresh coat of paint last summer.
    Updated: Mar 16
    View details
    Spencer Multifamily Renovation Opportunity
    $175,000
    4,308 SF

    Spencer Multifamily Renovation Opportunity

    21 W 1ST ST, Spencer, IA 51301

    Six-unit multifamily property in Spencer, Iowa with renovation upside.

    • Value‑add opportunity with strong upside potential through renovations.
    • Partially remodeled with 2 of 6 units currently rented, providing immediate income.
    • Opportunity to renovate and lease 4 vacant units to significantly improve returns.
    • Much of the heavy lifting for renovations has already been started.
    • Convenient location near downtown Spencer amenities.
    Updated: Feb 24
    View details
    Spencer, IA Duplex Investment
    $175,000
    0.47 Acres

    Spencer, IA Duplex Investment

    Duplex in Spencer, IA, close to schools and amenities.

    429 & 431 6th Avenue SW, Spencer, IA 51301
    View details
    Spencer, Iowa Triplex Opportunity
    $68,000
    0.18 Acres

    Spencer, Iowa Triplex Opportunity

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

    807 4th Avenue W, Spencer, IA 51301
    View details
    Spencer Duplex: Investor Opportunity
    $115,000
    2,050 SF

    Spencer Duplex: Investor Opportunity

    Two-unit property in Spencer, Iowa, with strong occupancy history.

    19 E 2nd Street, Spencer, IA 51301
    View details
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 5 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, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Versatile Commercial Building in Ida Grove
    $349,000
    0.16 Acres

    Versatile Commercial Building in Ida Grove

    14,000 sq ft commercial building suitable for various uses.

    601 2nd St, Ida Grove, IA 51445
    View details
    Ida Grove Triplex For Sale
    $349,000
    1.06 Acres

    Ida Grove Triplex For Sale

    Fully occupied triplex with immediate income and private parking.

    800 Valley View Drive, Ida Grove, IA 51445
    View details
    Okoboji Condo with Lake Access
    $309,000
    1,001 SF

    Okoboji Condo with Lake Access

    Newly renovated 1-2 bedroom condos with pool and lake access.

    1302 Highway 71 N 1, Okoboji, IA 51355
    View details
    Okoboji Lake Access Condominium
    $319,000
    789 SF

    Okoboji Lake Access Condominium

    Newly renovated 1-2 bedroom units with lake access.

    1316 HWY 71 N 13, Okoboji, IA 51355
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land Near Golf Course
    Contact for pricing
    0.30 Acres

    Residential Land Near Golf Course

    Residential land for sale near Spencer Golf & Country Club.

    2102 W 20th Street, Spencer, IA 51301
    View details
    Ayrshire Acreage with Office Space
    $129,000
    4.76 Acres

    Ayrshire Acreage with Office Space

    4.76-acre parcel with steel utility building and office space.

    4153 380th Avenue, Ayrshire, IA 50515
    View details
    Commercial Lots in Graettinger, Iowa
    $34,999

    Commercial Lots in Graettinger, Iowa

    Two bare lots, commercially zoned, potential for residential rezoning.

    N Cedar Avenue, Graettinger, IA 51342
    View details
    Residential Lot in Country Club Estates
    Contact for pricing
    0.67 Acres

    Residential Lot in Country Club Estates

    Residential lot with utilities, tax abatement, and recreational amenities.

    1663 365th Avenue, Estherville, IA 51334
    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 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
    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

    Spencer, IA Residential Income Properties Investment Opportunities Market Analysis

    Explore 7 residential income properties for sale in Spencer, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,358 square feet of properties for sale, with an estimated market value of $290,000.

    Sale prices for residential income properties in Spencer, IA start at $115,000, averaging $145,000, and reaching up to $175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Popular Searches in Spencer, IA

    Popular Categories

    Most Searched ZIP Codes in Spencer, IA

    • 51301

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!