1518 4Th Avenue, Spencer, IA 51301 for Sale

MLS #251166 | Bojihomes.com

$499,500

  • 12
  • 8
  • 4704
  • Active
New Listing

General Description

Investor Opportunity on the Golf Course! Rare opportunity to own a well-maintained 4-unit multifamily complex located directly on the Spencer Municipal Golf Course. Each spacious unit features 3 bedrooms and 1.5 bathrooms, offering strong rental appeal in a beautiful and convenient location. One unit has been completely remodeled with modern finishes, while the remaining three units have received notable upgrades, including fresh paint and minor repairs—ensuring solid condition across the entire property. This income-producing property sits in a scenic setting, providing tenants with golf course views and easy access to local amenities. Whether you're expanding your portfolio or looking for a live-in investment, this is a turnkey opportunity with long-term potential. Don’t miss your chance to own a golf course-front multifamily with proven rental upside.

Legal: 6 HARTS 2ND RES SUB
Status: Active

Property Information

251166

$499,500

Sale

Quadruplex

MULTIFAMILY

1518 4Th Avenue SW

Spencer

IA

51301

12

8

4704

13000

Attached

5220

2024

Spencer

1977

Features

No

Utilities

No

LISTED BY

EXIT Realty Midwest- Spencer/Emmetsburg, Shelly Lohman (712.580.3948)

PROPERTY LOCATION

MORTGAGE CALCULATOR


Aaron Jones - ABR | SRS, RE/MAX Hall of Fame & Lifetime Achievem

Aaron Jones

ABR | SRS, RE/MAX Hall of Fame & Lifetime Achievem

Will Kretsinger - REALTOR

Will Kretsinger

REALTOR

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