Spencer, IA
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    Spencer, IA Triplexes for Sale

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    Fostoria, IA Everly, IA Milford, IA
    Three-Unit Residential Income Property
    $63,000
    0.18 Acres
    Three-Unit Residential Income Property

    807 4th Avenue, Spencer, IA 51301

    Three-unit multifamily property offers a straightforward residential income setup in Spencer, Iowa.
    • 3‑unit property in the heart of Spencer
    • Built in 1900 with vinyl siding
    • Forced‑air heating
    • Asphalt roof
    • Public water and public sewer
    Updated: Dec 8, 2025
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    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.

    Furnished Triplex in Sioux Falls
    $450,000
    2,420 SF
    Furnished Triplex in Sioux Falls

    Triplex with flexible rental potential near amenities in Sioux Falls.

    2504 S Summit Ave, Sioux Falls, SD 57105

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    Sioux Falls Triplex Investment Opportunity
    $275,000
    2,948 SF
    Sioux Falls Triplex Investment Opportunity

    Triplex near downtown Sioux Falls with income potential.

    624 W 11th St, Sioux Falls, SD 57104

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    Updated Triplex in Sioux City
    $207,000
    1,584 SF
    Updated Triplex in Sioux City

    Well-maintained triplex with updated units, ideal for investment.

    518 S Helen St., Sioux City, IA 51106

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    Fully Rented Triplex
    $230,000
    2,772 SF
    Fully Rented Triplex

    Well-kept, fully occupied triplex with long-term tenants and spacious, clean units.

    1215 FLOYD BLVD, Sioux City, IA 51104

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    Spencer, IA Triplexes Investment Opportunities Market Analysis

    Explore 1 triplexes for sale in Spencer, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $63,000.

    Sale prices for three-family homes in Spencer, IA start at $63,000, averaging $63,000, and reaching up to $63,000 — 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 1
    Duplexes 1
    Triplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    51301 $68K

    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%

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