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218 E 4th St
Spencer, IA 51301
Nelson Apartments · Multifamily Property For Sale · 16 Units

INVESTMENT HIGHLIGHTS

  • New windows in each building, Converted Electrical from fuses to breakers, new boilers, new water heaters, 4 of 16 units renovated. Contact for more.

PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.60 AC
Building Size 15,477 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1967/2022
Zoning Multi Residential - B Spencer Multi Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Trash Pickup - Curbside

ABOUT 218 E 4TH ST , SPENCER, IA 51301

208 & 218 East 4th Street, Spencer, IA 51301 14 detached singe car garages 4 additional surface parking spaces. Street parking also available.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 - -
1+1 8 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 9636-18-201-019
  • 9636-18-130-004
Land Assessment
$64,210
Improvements Assessment
$698,070
Total Assessment
$762,280
  • Listing ID: 35916095

  • Date on Market: 5/19/2025

  • Last Updated:

  • Address: 218 E 4th St, Spencer, IA 51301

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