540 7th Ave W, Spencer, IA 51301

This charming 1½-story bungalow, built in 1900, is a solid, well-maintained home full of character and potential. Situated on a generous property that includes an extra lot, it offers added flexibility for future expansion, additional parking, or other possibilities, with the curb already in place for a driveway approach. The home features 2+ bedrooms, 1½ bathrooms, a welcoming 3-season room, and a detached 2-car garage. A full bathroom is located in the basement, although the fixtures were not replaced following the 2024 flood, providing an opportunity for the new owner to finish the space to their liking. As a result of the flood, the furnace, water heater, washer, and dryer have all been replaced with new units. Additional updates include a roof that was re-shingled in 2019, an updated breaker panel, and a Thrasher's sump pump system that was installed just before the 2024 flood event. With its aluminum siding, sturdy construction, and reputation as a "solid old house," this property combines classic charm, valuable updates, and plenty of opportunity for its next owner.