19 2nd Street, Spencer, IA 51301
$115,000

Price Decreased

MLS# 251337
Bedrooms 4
Bathrooms 2
Total Sq.ft 2,050
Property Type MultiFamily
Year Built 1920

Property Description

Investor Opportunity – Tucked into the heart of Spencer, this 1½-story frame bungalow has been a quiet constant—providing a comfortable place to call home for long-term tenants and reliable income. With two separate living units, each space offers simple, practical living with everything tenants need and nothing overcomplicated. Located near downtown, this property provides a strong occupancy history and consistent cash flow—perfect for investors seeking a stable, income-producing opportunity. This one deserves a closer look.

Legal: 14 E O.P. W 1/2 15 E O.P. (exact legal to be taken from abstract(s)

Status: Active

Property Information

MLS # 251337 List Price $115,000 Category Sale Sub Type Duplex Property Type MULTIFAMILY Address 19 E 2nd Street City Spencer State IA Postal Code 51301 Bedrooms 4 Bathrooms 2 SQFT 2050 Lot Size 8052 Garage Type Detached Feet of Waterfront 0.00 Taxes 1352 Tax Year 2024 School Spencer Year Built 1920