51301, IA Spencer, 1518 4th Avenue

Explore Spencer, IA homes for Sale in 51301 with Real Estate MLS # 240960.

$599,900

  • 12
  • 8
  • 4704
  • Active

General Description

Presenting a fantastic property with four well-designed apartments, each featuring 3 bedrooms, 1.5 bathrooms, and an attached garage. Enjoy great views of the Spencer Municipal Golf Course and the benefit of large decks for added outdoor space. These apartments have a solid rental history, with all four currently under long-term leases, making this an attractive option for investors seeking reliable income. With each unit over 1,100 square foot, this property offers both value and potential.

Legal: 6 HARTS 2ND RES SUB (EXACT LEGAL PER ABSTRACT)
Status: Active

Property Information

240960

$599,900

Sale

Quadruplex

MULTIFAMILY

1518 4th Avenue SW

Spencer

IA

51301

12

8

4704

13000

Attached

4

4692

2022

Spencer

1977

Features

No

Utilities

No

LISTED BY

Jensen Real Estate, Matt Lippon (712.330.0604) & Jensen Real Estate, Michael Jensen (712.330.0604)

PROPERTY LOCATION

MORTGAGE CALCULATOR


This residence on 1518 4th Avenue (MLS # 240960) falls under the classification of MultiFamily Homes for Sale located in Spencer, IA. Listed on Test, this MultiFamily property comes with a price tag of $599,900. Featuring 12 bedrooms, 4704 sqft, and 8 bathrooms, this property at 1518 4th Avenue was constructed in 1977. Whether you're on the lookout for recent listings in Spencer or specifically eyeing 1518 4th Avenue, you'll uncover comprehensive market statistics and community insights.

To delve into the distinctions between 1518 4th Avenue and other properties in the vicinity, reach out to RE/MAX Lakes Realty, the hub of Iowa Great Lakes' leading website, Test. Our real estate team is ready to assist you in your exploration of residential options in and around Spencer, IA.