807 4th Ave W Spencer, IA 51301
Estimated payment $479/month
About This Home
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 Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,562
Year Built
- Built in 1900
Lot Details
- 7,920 Sq Ft Lot
- Lot Dimensions are 60 x 132
Home Design
- Triplex
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,404 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 963712433018
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,562 | $97,980 | $15,880 | $82,100 |
| 2024 | $1,562 | $97,530 | $10,000 | $87,530 |
| 2023 | $1,508 | $97,530 | $10,000 | $87,530 |
| 2022 | $1,560 | $79,290 | $10,000 | $69,290 |
| 2021 | $1,803 | $74,090 | $10,000 | $64,090 |
| 2020 | $1,698 | $75,380 | $10,000 | $65,380 |
| 2019 | $1,950 | $80,630 | $0 | $0 |
| 2018 | $2,062 | $80,630 | $0 | $0 |
| 2017 | $2,062 | $78,620 | $0 | $0 |
| 2016 | $2,286 | $78,620 | $0 | $0 |
| 2015 | $2,238 | $73,930 | $0 | $0 |
| 2014 | $2,238 | $73,930 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2025 12/08/25 | For Sale | $68,000 | -- | $28 / Sq Ft |
Source: Iowa Great Lakes Board of REALTORS®
MLS Number: 251528
APN: 9637-12-433-018
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Ask me questions while you tour the home.