1518 4th Avenue, Spencer, IA 51301

Spencer, IA Homes for Sale in 51301 and Real Estate MLS # 240960

$550,000

  • 12
  • 8
  • 4704
  • Active
Price Decreased

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

$550,000

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


RE/MAX Lakes Realty - Licensed in Iowa and Minnesota.  Each Office Independently Owned and Operated

RE/MAX Lakes Realty

Licensed in Iowa and Minnesota. Each Office Independently Owned and Operated

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COMMUNITY

Winther Stave & Co

Winther Stave & Co in Spencer

At Winther, Stave & Co., LLP we use a team approach. You have a team of accounting professionals at your disposal, not just one person. With specialists in many different areas, we can draw on that breadth of knowledge and experience to help with services ranging from taxes, to payroll, to wealth preservation.

Real Estate and MLS Homes For Sale in Spencer

Emagine

Emagine in Spencer

If you're looking for a creative take on web design, Emagine is the company for you. Their innovative approach to custom web design is second to none. Not only do they specialize in web design, but custom photography, print design, programming, mobile development, inbound marketing, e-commerce, video production, and more. This team offers a fully customized experience for each client. Their unique ideas, and forward thinking are sure to blow you away.

Real Estate and MLS Homes For Sale in Spencer

Gary's on the River

Gary's on the River in Spencer

Gary's is newly owned by Rabab, and sure to keep your taste buds coming back for more. The menu still features classic American comfort food, as well as some of Rabab's Mediterranean favorites. This comfortable, yet classy restaurant is perfect for date night, or family night. Gary's features their ever popular "pizza night" on Thursdays and Fridays, which is always amazing, and their "pasta night" on Wednesdays, which is sure to keep you full all night!

Real Estate and MLS Homes For Sale in Spencer

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