Sold for $100,000

$100,000

19 E 2nd St, Spencer, IA 51301

4beds

2baths

2,050sqft

Duplex

Built in 1920

-- sqft lot

$-- Zestimate^®

$49/sqft

$892 Estimated rent

Home value

Not available

Estimated sales range

Not available

$892/mo

Zestimate^® history

Owner options

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$892/mo

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$892/mo

Rent Zestimate^®

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$521/mo

Est. payment

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$521/mo

Est. payment

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What's special

Two separate living unitsSimple practical livingHeart of spencer

Investor Opportunity – Tucked into the heart of Spencer, this 1½-story frame bungalow has been a quiet constant—providing a comfortable place to call home for long-term tenants and reliable income. With two separate living units, each space offers simple, practical living with everything tenants need and nothing overcomplicated. Located near downtown, this property provides a strong occupancy history and consistent cash flow—perfect for investors seeking a stable, income-producing opportunity. This one deserves a closer look.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Boiler

Cooling

Unit 1(Window), Unit 2(Window)

Appliances

Included: Gas Water Heater

Features

Main Floor Bedrooms
Basement: Unfinished,Block,Full
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,050
Total interior livable area: 2,050 sqft
Finished area above ground: 2,050
Finished area below ground: 0

Property

Parking

Parking features: Concrete, Gravel, Shared Driveway, Detached
Has garage: Yes
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 8,276 sqft
Dimensions: 66 x 122

Details

Parcel number: 963618132015

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex
Attached to another structure: Yes

Materials

Block, Wood Siding
Roof: Asphalt

Condition

Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & neighborhood

Location

Region: Spencer
Subdivision: IA

Price history

Date	Event	Price
7/1/2026	Sold	$100,000-13%$49/sqft
Source: Iowa Great Lakes BOR #251337 Report a problem
5/27/2026	Pending sale	$115,000$56/sqft
Source: Iowa Great Lakes BOR #251337 Report a problem
2/18/2026	Price change	$115,000-3.4%$56/sqft
Source: Iowa Great Lakes BOR #251337 Report a problem
2/10/2026	Price change	$119,000-4.8%$58/sqft
Source: Iowa Great Lakes BOR #251337 Report a problem
10/10/2025	Listed for sale	$125,000+25%$61/sqft
Source: Iowa Great Lakes BOR #251337 Report a problem
4/1/2019	Sold	$100,000+69.5%$49/sqft
Source: Public Record Report a problem
11/16/2007	Sold	$59,000$29/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,306 +1.9%	$84,400
2023	$1,282 +3.4%	$84,400 +16%
2022	$1,240 -5.2%	$72,770 +4.9%
2021	$1,308	$69,350 -0.2%
2020	$1,308 +7.4%	$69,480 +18.8%
2019	$1,218 -3.1%	$58,500 -11.9%
2018	$1,257 +4.8%	$66,410 +4.6%
2017	$1,200 +0.8%	$63,500
2016	$1,190 -3.1%	$63,500 -3.1%
2015	$1,228	$65,500
2014	$1,228 +21.6%	$65,500
2013	$1,010	--

Find assessor info on the county website

Neighborhood: 51301

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Nearby schools

GreatSchools rating

5/10
Lincoln Elementary School
Grades: 3-5Distance: 0.7 mi
9/10
Spencer Middle School
Grades: 6-8Distance: 1.1 mi
7/10
Spencer High School
Grades: 9-12Distance: 0.6 mi

Schools provided by the listing agent

District: Spencer

Source: Iowa Great Lakes BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.