1518 4th Avenue SW, Spencer, IA 51301

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$550,000

1518 4th Avenue SW, Spencer, IA 51301

bedrooms

bathrooms

square feet

4,704

Acreage

0.3

Open Houses

year built

1977

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Clay
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 240960

Listing agent: Matt Lippon #B57818

Listing broker: Jensen Real Estate (712) 320-7245

Copyright © 2025 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 29 2025 at 11:09 p.m. EDT

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