807 4th Avenue W, Spencer, IA 51301
Clay County
Key Facts
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!!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1900
Living Area
2,404 sq ft
Lot Size
0.18 acres
Lot Dimensions
60 x 132
Days on Market
199
MLS® Listing#
251528
Property Features
- Heating:
- Natural Gas, Forced Air
- Basement:
- Full
- Construction:
- Vinyl Siding
- Roof:
- Asphalt
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- District:
- Spencer
HOA & Tax
- Annual Tax:
- $1,562 (2025)
- Parcel #:
- 963712433018
Directions
GPS
Affordability Calculator
$12,600
Estimated monthly payment
$335/mo
Principal $50,400 · Est. interest $70,312 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Spencer, IA
- $235,714
- Median Listing Price
- 76
- Median Days on Market
- 1,533
- Median Sq Ft
- $140
- Median Price / Sq Ft
- 50
- Active Listings
- This home’s price is 73% below the area median.
- Its price per sq ft is 81% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Spencer, IA.
Location
- 807 4th Avenue W, Spencer, IA 51301
Nearby Schools
Sacred Heart School
School · 0.3 mi away
Johnson Elementary
Elementary · 0.3 mi away
Spencer Community Schools
School · 0.4 mi away
Jefferson Head Start
School · 0.6 mi away
Fairview Elementary School
Elementary · 0.8 mi away
Spencer High School
Secondary · 0.9 mi away
Lincoln Elementary School
Elementary · 1.0 mi away
Spencer Middle School
Secondary · 1.2 mi away
Iowa Great Lakes Lutheran School
Secondary · 1.5 mi away
Clay Central-Everly Elementary School
Elementary · 8.7 mi away
Clay Central Everly Community School District
Elementary · 8.9 mi away
Safari Child Care Center
School · 11.9 mi away
Okoboji Elementary School
Elementary · 12.2 mi away
Okoboji High School
Secondary · 12.2 mi away
Ruthven-Ayrshire Community School District
Elementary · 12.6 mi away
Graettinger-Terril Elementary School
Elementary · 14.1 mi away
Okoboji Middle School
Elementary · 15.4 mi away
Hartley Melvin Sanborn Community School District
School · 16.4 mi away
Hartley-Melvin-Sanborn High School
Secondary · 17.0 mi away
Northwest Iowa School of Taxidermy
Secondary · 17.9 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Spencer
Listing Courtesy: Hinn Real Estate - PRIM: 712-240-6613
Presented by: Bryan Sebastian