Great Investment Opportunity! Located at 215 2nd Ave. W. in Spencer, this four-plex offers four separate rental units, each featuring 1 bedroom and 1 bathroom. Whether you’re looking to grow your rental portfolio or step into investment property ownership, this property offers income potential with multiple units all in one convenient location. Don’t miss the opportunity to add this four-unit property to your portfolio!
For sale
$140,000
215 2nd Ave W, Spencer, IA 51301
4beds
4baths
2,688sqft
Quadruplex
Built in 1954
-- sqft lot
$-- Zestimate®
$52/sqft
$-- HOA
What's special
- 10 days |
- 324 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Kari Stave PRIM:712-363-2691,
EXIT Realty Midwest- Spencer/Emmetsburg
Source: Iowa Great Lakes BOR,MLS#: 260994
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Features
- Basement: Full
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,688
- Total interior livable area: 2,688 sqft
- Finished area above ground: 2,688
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,356 Square Feet
- Dimensions: 50 x 88
Details
- Parcel number: 963618106007
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Roof: Asphalt
Condition
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Subdivision: IA
Location
- Region: Spencer
Financial & listing details
- Price per square foot: $52/sqft
- Annual tax amount: $1,770
- Date on market: 8/13/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $140,000$52/sqft |
Source:  Iowa Great Lakes BOR #260994 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 51301
Nearby schools
GreatSchools rating
- NAJohnson Elementary SchoolGrades: PK-KDistance: 0.6 mi
- 7/10Spencer Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Spencer High SchoolGrades: 9-12Distance: 0.8 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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A local agent can set up tours, give advice and negotiate with sellers.
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