INVESTMENT OPPORTUNITY! This 4-unit multi-family property is ideal for investors or owner-occupants looking to live in one unit and rent out the others. Located on the edge of Spencer in a quiet area with easy access to town amenities, shopping, and schools. Each unit offers 2 bedrooms, 1 full bathroom, a living room, kitchen, in-unit laundry hookups, and a 1-car garage. The property is serviced by city water, sewer, and garbage pickup, and tenants are responsible for their own utilities. Don't miss this opportunity to own this solid rental property with steady income potential.
Sold for $300,000
$300,000
207 36th Ave W, Spencer, IA 51301
8beds
4baths
4,608sqft
Quadruplex
Built in 1979
-- sqft lot
$-- Zestimate®
$65/sqft
$2,142 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,142/mo
Zestimate® history
Owner options
List your home for rent
$2,142/mo
Rent Zestimate®
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$2,142/mo
Rent Zestimate®
Refinance and save
$1,920/mo
Est. payment
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$1,920/mo
Est. payment
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List your homeWhat's special
Quiet area
Zillow last checked:
Listing updated:
Listed by:
Jayden Johnson PRIM:712-480-0397,
Johnson Realty
Bought with:
Jayden Johnson, B65602
Johnson Realty
Source: Iowa Great Lakes BOR,MLS#: 251244
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard
Features
- Basement: Slab
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,608
- Total interior livable area: 4,608 sqft
- Finished area above ground: 4,608
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Detached
- Garage spaces: 4
Lot
- Size: 0.28 Acres
- Dimensions: 90' x 133'
Details
- Parcel number: 963715226006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Fiber Cement
- Roof: Asphalt
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: IA
Location
- Region: Spencer
Financial & listing details
- Price per square foot: $65/sqft
- Tax assessed value: $297,320
- Annual tax amount: $4,516
- Date on market: 9/30/2025
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Sold | $300,000-7.7%$65/sqft |
Source:  Iowa Great Lakes BOR #251244 Report a problem | ||
| 11/4/2025 | Pending sale | $325,000$71/sqft |
Source: Iowa Great Lakes BOR #251244 Report a problem | ||
| 9/30/2025 | Listed for sale | $325,000+28%$71/sqft |
Source: Iowa Great Lakes BOR #251244 Report a problem | ||
| 12/10/2024 | Sold | $254,000-5.6%$55/sqft |
Source: Iowa Great Lakes BOR #241001 Report a problem | ||
| 12/4/2024 | Pending sale | $269,000$58/sqft |
Source: Iowa Great Lakes BOR #241001 Report a problem | ||
| 8/26/2024 | Listed for sale | $269,000$58/sqft |
Source: Iowa Great Lakes BOR #241001 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,516 +3.5% | $297,320 +5.4% |
| 2024 | $4,362 +11.9% | $282,050 |
| 2023 | $3,898 +13.8% | $282,050 +27.5% |
| 2022 | $3,426 +27.3% | $221,260 +15.4% |
| 2021 | $2,692 | $191,740 +34.2% |
| 2020 | $2,692 +16.1% | $142,880 |
| 2019 | $2,318 +1.6% | $142,880 +13.1% |
| 2018 | $2,282 | $126,340 +13.6% |
| 2017 | $2,282 +9.4% | $111,170 |
| 2016 | $2,086 +2.8% | $111,170 +2.7% |
| 2015 | $2,030 | $108,260 |
| 2014 | $2,030 -4.3% | $108,260 |
| 2013 | $2,122 | -- |
Find assessor info on the county website
Neighborhood: 51301
Nearby homes
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Nearby schools
GreatSchools rating
- NAJohnson Elementary SchoolGrades: PK-KDistance: 2 mi
- 7/10Spencer Middle SchoolGrades: 6-8Distance: 3.5 mi
- 7/10Spencer High SchoolGrades: 9-12Distance: 3.3 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.
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- Iowa
- Clay County
- Spencer
- 51301
- 207 36th Ave W
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