Real Estate Investment Properties for Sale in Spencer, IA

Looking for investment property in Spencer, IA with high ROI ?

Explore a variety of short-term homes & houses in Spencer, IA. Invest wisely with VRBO & Spencer, IA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Condos for Sale in Spencer, IA

Search for Condo for Sale in Spencer, Iowa. Browse all of Mashvisor’s Condo listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 2 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1900 4th Ave. SW 218 Spencer, IA One Bedroom Golfview Condominium located on the Spencer Municipal Golf Course. This unit f...	1 beds \| N/A baths \| 783 sq.ft.	$110,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 8.94% Airbnb Rental Income: $733 Traditional Rental Income: $1555 Airbnb ROI: -1.71% Traditional ROI: 8.94%
1900 4th Avenue SW 104 Spencer, IA Here is your rare opportunity to own a ground level 2 bedroom Golfview Condo that features...	2 beds \| N/A baths \| 1,026 sq.ft.	$178,900	Airbnb cash on cash: 2.59% Traditional cash on cash: 7.5% Airbnb Rental Income: $1237 Traditional Rental Income: $1679 Airbnb ROI: 2.59% Traditional ROI: 7.5%
Other Investment Properties for Sale in Spencer
21 W 1ST ST Spencer , IA 21 W 1st Street \| Spencer, IA Value-add opportunity in Spencer!! This 6-plex offers stron...	N/A beds \| N/A baths \| 4,308 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $1514 Airbnb ROI: N/A Traditional ROI: 5.3%
1118 Fairview Avenue Spencer , IA Affordable living in a prime Spencer location! Located near Fairview, this 4-bedroom, 1-ba...	4 beds \| 1 baths \| 1,536 sq.ft.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.26% Airbnb Rental Income: $null Traditional Rental Income: $2230 Airbnb ROI: N/A Traditional ROI: 10.26%
313 9th Street SW Spencer , IA All brand new! This house was completely renovated inside after the flood in June 2024. Ne...	3 beds \| 1 baths \| 912 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.85% Airbnb Rental Income: $null Traditional Rental Income: $1669 Airbnb ROI: N/A Traditional ROI: 8.85%
1120 4th Avenue W Spencer , IA When the best of both worlds meet you get this elegant example of a classic brick home cou...	3 beds \| N/A baths \| 1,819 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.85% Airbnb Rental Income: $null Traditional Rental Income: $2400 Airbnb ROI: N/A Traditional ROI: 5.85%
321 E 14th Street Spencer , IA This super-CUTE, well-LOVED 2 bedroom HOME is full of charm & optimized use of space! Situ...	2 beds \| 1 baths \| 1,536 sq.ft.	$134,890	Airbnb cash on cash: 3.71% Traditional cash on cash: 8.59% Airbnb Rental Income: $1237 Traditional Rental Income: $1473 Airbnb ROI: 3.71% Traditional ROI: 8.59%
202 E 4th Street Spencer , IA Step onto the classic front and instantly feel right at home! The entry greets you with wa...	3 beds \| 2 baths \| 3,166 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.16% Airbnb Rental Income: $null Traditional Rental Income: $2550 Airbnb ROI: N/A Traditional ROI: 9.16%
3580 200th Avenue Spencer , IA Just imagineâ¦ the ultimate Iowa retreat, natural Splendor complete with a spring fed po...	5 beds \| 4 baths \| 6,296 sq.ft.	$589,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.79% Airbnb Rental Income: $null Traditional Rental Income: $4478 Airbnb ROI: N/A Traditional ROI: 5.79%
701 4Th Street SW Spencer , IA MASSIVE PRICE REDUCTION Welcome to this charming Cape Cod-style home, perfectly posi...	4 beds \| 1 baths \| 3,410 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $2110 Airbnb ROI: N/A Traditional ROI: 3.05%
404 Country Club Lane Spencer , IA COMPLETELY REMODELED THREE BEDROOM RANCH HOME WITH OVERSIZED DOUBLE ATTACHED LINED AND HEA...	3 beds \| 2 baths \| 1,850 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.76% Airbnb Rental Income: $null Traditional Rental Income: $2213 Airbnb ROI: N/A Traditional ROI: 4.76%
905 5th Avenue SW Spencer , IA The perfect blend of modern design and effortless living in this completely updated duplex...	2 beds \| 1 baths \| 1,251 sq.ft.	$237,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.06% Airbnb Rental Income: $null Traditional Rental Income: $1664 Airbnb ROI: N/A Traditional ROI: 5.06%

Your search for investment property begins and ends here

Condos for Sale in Spencer, IA

1900 4th Ave. SW 218

Spencer, IA

1 beds | N/A baths | 783 sq.ft.

$110,000

Airbnb cash on cash: -1.71%

Traditional cash on cash: 8.94%

Airbnb Rental Income: $733

Traditional Rental Income: $1555

Airbnb ROI: -1.71%

Traditional ROI: 8.94%

1900 4th Avenue SW 104

Spencer, IA

2 beds | N/A baths | 1,026 sq.ft.

$178,900

Airbnb cash on cash: 2.59%

Traditional cash on cash: 7.5%

Airbnb Rental Income: $1237

Traditional Rental Income: $1679

Airbnb ROI: 2.59%

Traditional ROI: 7.5%

Other Investment Properties for Sale in Spencer

Spencer , IA

N/A beds | N/A baths | 4,308 sq.ft.

$175,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.3%

Airbnb Rental Income: $null

Traditional Rental Income: $1514

Airbnb ROI: N/A

Traditional ROI: 5.3%

Spencer , IA

4 beds | 1 baths | 1,536 sq.ft.

$179,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.26%

Airbnb Rental Income: $null

Traditional Rental Income: $2230

Airbnb ROI: N/A

Traditional ROI: 10.26%

Spencer , IA

3 beds | 1 baths | 912 sq.ft.

$150,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.85%

Airbnb Rental Income: $null

Traditional Rental Income: $1669

Airbnb ROI: N/A

Traditional ROI: 8.85%

Spencer , IA

3 beds | N/A baths | 1,819 sq.ft.

$305,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.85%

Airbnb Rental Income: $null

Traditional Rental Income: $2400

Airbnb ROI: N/A

Traditional ROI: 5.85%

Spencer , IA

2 beds | 1 baths | 1,536 sq.ft.

$134,890

Airbnb cash on cash: 3.71%

Traditional cash on cash: 8.59%

Airbnb Rental Income: $1237

Traditional Rental Income: $1473

Airbnb ROI: 3.71%

Traditional ROI: 8.59%

Spencer , IA

3 beds | 2 baths | 3,166 sq.ft.

$229,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.16%

Airbnb Rental Income: $null

Traditional Rental Income: $2550

Airbnb ROI: N/A

Traditional ROI: 9.16%

Spencer , IA

5 beds | 4 baths | 6,296 sq.ft.

$589,000

Airbnb cash on cash: N/A