About This Home

This 6-bedroom, 3-bathroom multi-family at 807 4th Avenue in Spencer, IA is listed for $63,000. Built in 1900, on a 0.18 acres lot.

Key Features

  • Built in 1900
  • 0.18 acre lot

Property Details

1900
Listing Description

Investment opportunity awaits!! Bring your vision and your skills to this 3 unit property located in the heart of Spencer. Within walking distance to just about everything it makes for a desirable rental location. The best part of this property is after your repairs and updates the return comes back 3 tenants at a time!! Grab your work boots and let's take a walk through what this opportunity could mean for you!!

Monthly Cost Estimate

$337/mo

20% down · 6.5% · 30 years

Principal$46
Interest$273
Insurance$18

Estimates only. Actual payments may vary.

Location

807 4th Avenue

Spencer, IA 51301

Property Details

Construction

Vinyl Siding

Heating

Forced Air

Questions & Answers

This 6-bedroom, 3-bathroom multi-family at 807 4th Avenue is listed at $63,000. The estimated monthly payment is $337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.18 acre lot.

This property is listed by Bryan Sebastian.

BS

Bryan Sebastian

Agent at Hinn Real Estate

Listed by Hinn Real Estate · Broker phone: (712) 336-1240 · View on Broker Site · Broker website

MLS# 251528· Source: Iowa Great Lakes Board of Realtors· 326 days on PropertySimple

Copyright © 2026 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

807 4th Avenue, Spencer, IA 51301

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