Real Estate Investment Properties for Sale in Spencer, IN
Looking for investment property in Spencer, IN with high ROI ?
Explore a variety of short-term homes & houses in Spencer, IN. Invest wisely with VRBO & Spencer, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.
Investment Property for Sale in Spencer, IN
| PROPERTY | DETAILS | SALE PRICE | INVESTMENT PERFORMANCE |
|---|---|---|---|
4005 Texas PikeSpencer, INCome one come all. This property has a lot to offer. The main house is a tri-level 4 bedro... |
4 beds | 2 baths | 2,054 sq.ft. |
$445,000 |
Airbnb cash on cash: N/A
|
135 & 137 W Wayne StreetSpencer, INCalling all investors! Looking for a stable, immediate cash flow property in excellent con... |
2 beds | 1 baths | 1,728 sq.ft. |
$1,150,000 |
Airbnb cash on cash: N/A
|
169 Sycamore StreetSpencer, ININVESTORS!!! Investment ready opportunity, with a strong rental history, great structural ... |
2 beds | 1 baths | 1,728 sq.ft. |
$409,900 |
Airbnb cash on cash: N/A
|
101 E Wayne StreetSpencer, ININVESTORS!!! This property is a cash flow ready investment opportunity. These duplexes are... |
2 beds | 2 baths | 1,728 sq.ft. |
$409,900 |
Airbnb cash on cash: N/A
|
80 W Jefferson StreetSpencer, INThis offering includes two identical multifamily buildings, each featuring five 1-bedroom,... |
10 beds | 10 baths | 6,996 sq.ft. |
$680,000 |
Airbnb cash on cash: N/A
|
205 N Main StreetSpencer, INStep into a piece of history with this enchanting historic home, gracefully nestled on a t... |
4 beds | 3 baths | 2,289 sq.ft. |
$219,900 |
Airbnb cash on cash: N/A
|
45 Flatwoods RoadSpencer, INTake a look at this 4 bedroom, 3 bath, 3502 sq. ft. Brick Ranch over finished walk-out bas... |
4 beds | 3 baths | 3,502 sq.ft. |
$374,900 |
Airbnb cash on cash: N/A
|
7114 Locust Lake West DriveSpencer, INMotivated Sellers!!! Looking for a home on the lake? Take a look at this beauty!! 2 Bedroo... |
2 beds | 2 baths | 2,928 sq.ft. |
$269,900 |
Airbnb cash on cash: N/A
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7517 State Highway 43 HighwaySpencer, INSitting on 4.77 acres, this beautiful home features 4,088 square feet and includes 4 bedro... |
4 beds | 4 baths | 3,458 sq.ft. |
$569,900 |
Airbnb cash on cash: N/A
|
1165 Freeman RoadSpencer, INThis cozy 3-bedroom, 1-bath home offers 928 sq. ft. of comfortable living space, ideally s... |
3 beds | 1 baths | 928 sq.ft. |
$119,900 |
Airbnb cash on cash: N/A
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681 Hancock School RoadSpencer, INTranquil Park-Like Retreat located less than 10 minutes from downtown Spencer, this stunni... |
2 beds | 2 baths | 2,260 sq.ft. |
$420,500 |
Airbnb cash on cash: N/A
|
3083 Hardscrabble RoadSpencer, INLocation! Privacy and Charm-- All in One! Tucked away down a long driveway and surrounded ... |
3 beds | 2 baths | 1,330 sq.ft. |
$269,000 |
Airbnb cash on cash: N/A
|
3320 Pine Wood DriveSpencer, INPeaceful Country Living on 10+ Acres | 3 Bed, 2 Bath Home with Expansive Garage & Scenic V... |
3 beds | 2 baths | 1,404 sq.ft. |
$410,000 |
Airbnb cash on cash: N/A
|
9800 W Ratliff RoadSpencer, IN3-bedroom 3 bath home on 7 acres. 3 car attached garage and fenced yard with multiple out... |
3 beds | 3 baths | 1,468 sq.ft. |
$310,000 |
Airbnb cash on cash: N/A
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1371 Clark RoadSpencer, INThis is the one you've been waiting for. Adorable updated 4bedroom log cabin on 3plus acre... |
4 beds | 1 baths | 1,536 sq.ft. |
$249,900 |
Airbnb cash on cash: N/A
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7939 State Highway 43Spencer, INLocated at 7939 State Highway 43, SPENCER, IN, this inviting home in Owen County offers a ... |
3 beds | 2 baths | 1,792 sq.ft. |
$274,900 |
Airbnb cash on cash: N/A
|
456 W Hillside AvenueSpencer, INThis 4-bedroom â 1.5 bath house sits on Hillside Ave, a prime location for Spencer and c... |
4 beds | 2 baths | 1,728 sq.ft. |
$239,900 |
Airbnb cash on cash: N/A
|
427 E Jefferson StreetSpencer, INCome check out this charming home in the heart of Spencer, Indiana! This home has 3 large ... |
3 beds | 2 baths | 1,508 sq.ft. |
$219,900 |
Airbnb cash on cash: N/A
|
507 N Us Highway 231 HighwaySpencer, INWelcome to this charming 3-bedroom, 2-bath ranch home nestled on 2.94 acres of serene hill... |
3 beds | 2 baths | 2,078 sq.ft. |
$269,900 |
Airbnb cash on cash: N/A
|
6063 Litle Flock RoadSpencer, INMOTIVATED SELLER! Schedule a tour to view this charming rustic cabin tucked away on 10 acr... |
2 beds | 2 baths | 1,536 sq.ft. |
$497,000 |
Airbnb cash on cash: N/A
|
9677 W Reeves RoadSpencer, INNestled in the hills of Monroe Co, this spacious home offers a unique opportunity to estab... |
4 beds | 2 baths | 2,688 sq.ft. |
$390,000 |
Airbnb cash on cash: N/A
|
1886 Freeman RoadSpencer, INNEW ROOF, NEW HIGH EFFICIENCY NATURAL GAS FURNACE & CENTAL AIR ALONG WITH DUCT WORK, AND F... |
3 beds | 2 baths | 1,040 sq.ft. |
$199,900 |
Airbnb cash on cash: N/A
|
378 State Highway 43Spencer, INWoW Factor is what you think of when you drive down the private lane to this charming home... |
4 beds | 6 baths | 4,527 sq.ft. |
$2,850,000 |
Airbnb cash on cash: N/A
|
1271 Cedar LaneSpencer, INThe ultimate outdoorsmanâs retreat! 68 acres featuring a 4-acre stocked lake with dock, ... |
2 beds | 2 baths | 1,290 sq.ft. |
$899,900 |
Airbnb cash on cash: N/A
|
1845 S US 231 HighwaySpencer, INRemodeled home on 3.731 acres. This home has been renovated inside and out. Large eat-in k... |
2 beds | 2 baths | 1,517 sq.ft. |
$394,900 |
Airbnb cash on cash: N/A
|
15 N Central AvenueSpencer, IN2 bedroom, 1 bath home in Spencer. Located on corner lot this sweet home offers eat-in kit... |
2 beds | 1 baths | 952 sq.ft. |
$190,000 |
Airbnb cash on cash: N/A
|
3663 White RoadSpencer, INNO HOA FEES! 3 Bedroom 2 full Bath totally remodeled Ranch, setting on 1.18 Acres. Open Li... |
3 beds | 2 baths | 1,500 sq.ft. |
$349,500 |
Airbnb cash on cash: N/A
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277 N East StreetSpencer, INCharming, Spotless Bungalow on Spencerâs Northeast Side! This lovingly maintained bungal... |
2 beds | 1 baths | 1,160 sq.ft. |
$219,000 |
Airbnb cash on cash: N/A
|
2034 Dubois RoadSpencer, INExceptional 55-acre equestrian and event property in Owen County, offering a rare blend of... |
5 beds | 6 baths | 5,392 sq.ft. |
$2,600,000 |
Airbnb cash on cash: N/A
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438 S Harrison StreetSpencer, INThis home is approximately 1236 sq ft with 3 bedrooms - located in close proximity to all ... |
3 beds | 1 baths | 1,236 sq.ft. |
$169,000 |
Airbnb cash on cash: N/A
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5462/5550 Patricksburg RoadSpencer, INAre you looking for a dream home with plenty of space? This amazing property has everythin... |
4 beds | 2 baths | 1,568 sq.ft. |
$199,900 |
Airbnb cash on cash: N/A
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412 E Market StreetSpencer, INThis 2 Bedroom â 1 Bath block home sits on a corner lot in a great location, located onl... |
2 beds | 1 baths | 864 sq.ft. |
$150,000 |
Airbnb cash on cash: N/A
|
220 Bush RoadSpencer, INEscape to tranquility with this beautifully maintained 2-bedroom, 2-bath home nestled on a... |
2 beds | 2 baths | 1,668 sq.ft. |
$345,000 |
Airbnb cash on cash: N/A
|
213 N Fletcher AvenueSpencer, INThis home has it allâ¦charm, character, large asphalt parking lot, with prime location. T... |
3 beds | 2 baths | 1,468 sq.ft. |
$259,900 |
Airbnb cash on cash: N/A
|
85 E Morgan StreetSpencer, INWelcome to 85 E Morgan Street! A charming and well-maintained home in the heart of Spencer... |
2 beds | 2 baths | 1,173 sq.ft. |
$189,000 |
Airbnb cash on cash: N/A
|
Real Estate investment in Spencer, IN
There are 35 properties for sale in the city of Spencer . The median list price in Spencer is $292,450 and the average price per square foot is $144. In December 2025, the average monthly cash on cash return in Spencer is 6.00%. The average monthly rental income in Spencer is $2,249.