$63,000
$5K PRICE DROP

807 4th Ave W Spencer, IA 51301

Estimated payment $468/month

Total Views 24,427
6 Beds
3 Baths
2,404 Sq Ft
$26 Price per Sq Ft

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!!

Listing Agent

Bryan Sebastian

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

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,562

Year Built

Built in 1900

Lot Details

7,920 Sq Ft Lot

Listing Details

  • Class: MULTIFAMILY
  • Property Attached: No
  • Type: Triplex
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Basement Style: Full
  • Above Grade Finished: 2404
  • Fireplace: No

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: 963712433018
  • Estimated Acres: 0.18
  • Estimated Lot Dimensions: 60 x 132
  • Lot Sq Ft: 7920

Rental Info

  • Furnished: No

Multi Family

  • Number Of Units: 3

Tax Info

  • Tax Amount: 1562
  • Tax Classification: Non-Homestead
  • Tax Year: 2025

MLS Schools

  • School District: Spencer

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/07/2026 06/07/26 Price Changed $63,000 -7.4% $26 / Sq Ft
12/08/2025 12/08/25 For Sale $68,000 -- $28 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 251528

Iowa Great Lakes Board of REALTORS®

APN: 9637-12-433-018

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