51301, IA Spencer, 1518 4th Avenue

$550,000

Price Decreased
  • MLS# 240960
  • Bedrooms 12
  • Bathrooms 8
  • Total Sq.ft 4,704
  • Property Type MultiFamily
  • Year Built 1977

Property 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)
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

This MultiFamily residence on 1518 4th Avenue (MLS # 240960) is categorized as MultiFamily Homes for Sale in Spencer, IA. Available on Okoboji Real Estate, this MultiFamily property is priced at $550,000 and offers 12 bedrooms, 4704 sqft, and 8 bathrooms. Built in 1977, this property on 1518 4th Avenue provides a unique opportunity for buyers. For the latest listings in Spencer or to focus on 1518 4th Avenue, detailed market data and community insights are readily available.

For a deeper understanding of the differences between 1518 4th Avenue and neighboring properties, contact RE/MAX Lakes Realty, the premier website for Iowa Great Lakes. Our experienced real estate team is prepared to guide you through the residential options in and around Spencer, IA.

Request Info For MLS #240960

Greg Harvey - Real Estate Professional
Greg Harvey

Real Estate Professional

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