$82,000

312 W 2nd St Spencer, IA 51301

Estimated payment $551/month

Total Views 272
7 Beds
6 Baths
3,829 Sq Ft
$21 Price per Sq Ft

Highlights

  • Popular Property
  • Fireplace
  • Forced Air Heating System
  • Spencer Middle School Rated 9+

About This Home

Opportunity is calling you! This 6 unit conversion property is waiting for a fresh start in life! Grab your gloves and your vision and return this 1915 build back into it's glory and create rental income for years to come. Located just blocks from downtown and the bike trails. This property features five 1 bedroom 1 bath units and a 2 bedroom 1 bath unit. Get your snow boots on and let's explore the possibilities this opportunity has to offer!

Listing Agent

Bryan Sebastian

Hinn Real Estate License #S65753 Listed on: 12/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1915

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 112 x 122

Home Design

  • Quadruplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,829 Sq Ft Home
  • Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 963618108004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,446

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Property Attached: No
  • Type: Quadruplex
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 6
  • Basement Style: Full
  • Above Grade Finished: 3829
  • Fireplace: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Flood Zone: No
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: None

Utilities

  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Lot Info

  • Parcel Number: 963618108004
  • Estimated Acres: 0.31
  • Estimated Lot Dimensions: 112 x 122
  • Lot Sq Ft: 13664

Rental Info

  • Furnished: No

Multi Family

  • Number Of Units: 6

Tax Info

  • Tax Amount: 1446
  • Tax Classification: Non-Homestead
  • Tax Year: 2025

MLS Schools

  • School District: Spencer

Map

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 For Sale $82,000 -- $21 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 251533

Iowa Great Lakes Board of REALTORS®
Iowa Clay County Spencer 51301

312 W 2nd St, Spencer, IA

For Sale

MultiFamily

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Bryan Sebastian
Listing Agent
Bryan Sebastian
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Hinn Real Estate
(712) 217-2290