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.

Single Family Homes for Sale in Spencer, IA

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

Showing 23 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
402 E Park St Spencer, IA It's updated! Completely gone through since 2024 and now features a concrete driveway with...	2 beds \| 1 baths \| 816 sq.ft.	$117,500	Airbnb cash on cash: 7.33% Traditional cash on cash: 11.39% Airbnb Rental Income: $1585 Traditional Rental Income: $1592 Airbnb ROI: 7.33% Traditional ROI: 11.39%
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.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.34% Airbnb Rental Income: $null Traditional Rental Income: $2400 Airbnb ROI: N/A Traditional ROI: 5.34%
602 E 10th Street Spencer, IA Two-Bedroom Home in a great location with the potential of a 3rd lower level bedroom. This...	3 beds \| 1 baths \| 1,836 sq.ft.	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.02% Airbnb Rental Income: $null Traditional Rental Income: $983 Airbnb ROI: N/A Traditional ROI: 4.02%
829 2Nd Avenue SE Spencer, IA This modern, open-concept single-family home, with over 1900 square feet of living space, ...	4 beds \| 2 baths \| 1,912 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.63% Airbnb Rental Income: $null Traditional Rental Income: $1804 Airbnb ROI: N/A Traditional ROI: 4.63%
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.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.36% Airbnb Rental Income: $null Traditional Rental Income: $2550 Airbnb ROI: N/A Traditional ROI: 8.36%
1423 18th Avenue W Spencer, IA Fairway Frontage Luxury: Exquisite Brick Home on Spencer Golf & Country Club. Experience ...	3 beds \| 2 baths \| 6,066 sq.ft.	$646,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.79% Airbnb Rental Income: $null Traditional Rental Income: $2430 Airbnb ROI: N/A Traditional ROI: 1.79%
1523 W 18th Avenue Spencer, IA Very nice 5 bedroom home located on the golf course. This home offers great living space! ...	5 beds \| 3 baths \| 1,736 sq.ft.	$359,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.88% Airbnb Rental Income: $null Traditional Rental Income: $2842 Airbnb ROI: N/A Traditional ROI: 5.88%
611 E 17th Street Spencer, IA Well-Maintained 3 Bedroom, 2 Bathroom Ranch Home with Full Basement and DOUBLE Car Attache...	3 beds \| 1 baths \| 1,288 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.62% Airbnb Rental Income: $null Traditional Rental Income: $1909 Airbnb ROI: N/A Traditional ROI: 9.62%
3580 200th Avenue Spencer, IA This historic home situated on a 40-acre estate, was purchased in Spencer and relocated to...	5 beds \| 4 baths \| 6,296 sq.ft.	$745,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.41% Airbnb Rental Income: $null Traditional Rental Income: $4478 Airbnb ROI: N/A Traditional ROI: 4.41%
817 Fisher Court Spencer, IA This well-maintained ranch-style home offers comfortable, one-level living with 3 bedrooms...	4 beds \| 1 baths \| 2,320 sq.ft.	$171,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.76% Airbnb Rental Income: $null Traditional Rental Income: $2102 Airbnb ROI: N/A Traditional ROI: 9.76%
1305 18th Avenue W Spencer, IA Welcome to 1305 18th Ave Wâa beautifully maintained brick ranch home with unbeatable cur...	3 beds \| 3 baths \| 3,716 sq.ft.	$479,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $2980 Airbnb ROI: N/A Traditional ROI: 4.35%
523 4th Avenue W Spencer, IA Your Spencer opportunity awaits! Raise your family in this awesome 4 bed 2 bath home with ...	4 beds \| 1 baths \| 2,226 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.64% Airbnb Rental Income: $null Traditional Rental Income: $2007 Airbnb ROI: N/A Traditional ROI: 8.64%
620 E 10th Street Spencer, IA Ready for that home that offers plenty of elbow room inside and out?! This 3 bedroom ranch...	3 beds \| 1 baths \| 1,936 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.86% Airbnb Rental Income: $null Traditional Rental Income: $2028 Airbnb ROI: N/A Traditional ROI: 6.86%
701 4Th Street SW Spencer, IA Welcome to this charming Cape Cod-style home, perfectly positioned in the heart of town, o...	4 beds \| 1 baths \| 3,410 sq.ft.	$459,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.55% Airbnb Rental Income: $null Traditional Rental Income: $2110 Airbnb ROI: N/A Traditional ROI: 2.55%
1800 11th Street SE Spencer, IA First Time on the Market! Welcome to your future oasis! Nestled on a stunning 2.91 acres, ...	3 beds \| 1 baths \| 3,261 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.01% Airbnb Rental Income: $null Traditional Rental Income: $1936 Airbnb ROI: N/A Traditional ROI: 3.01%
26 W 1st Street Spencer, IA Classic Charm meets Convenience! Cozy 3 bedroom, 1 Bath home with a spacious 2 car garage....	3 beds \| 1 baths \| 1,988 sq.ft.	$123,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $1261 Airbnb ROI: N/A Traditional ROI: 7.41%

Your search for investment property begins and ends here

Single Family Homes for Sale in Spencer, IA

402 E Park St

Spencer, IA

2 beds | 1 baths | 816 sq.ft.

$117,500

Airbnb cash on cash: 7.33%

Traditional cash on cash: 11.39%

Airbnb Rental Income: $1585

Traditional Rental Income: $1592

Airbnb ROI: 7.33%

Traditional ROI: 11.39%

313 9th Street SW

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%

1120 4th Avenue W

Spencer, IA

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

$330,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.34%

Airbnb Rental Income: $null

Traditional Rental Income: $2400

Airbnb ROI: N/A

Traditional ROI: 5.34%

602 E 10th Street

Spencer, IA

3 beds | 1 baths | 1,836 sq.ft.

$130,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.02%

Airbnb Rental Income: $null

Traditional Rental Income: $983

Airbnb ROI: N/A

Traditional ROI: 4.02%

829 2Nd Avenue SE

Spencer, IA

4 beds | 2 baths | 1,912 sq.ft.

$260,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.63%

Airbnb Rental Income: $null

Traditional Rental Income: $1804

Airbnb ROI: N/A

Traditional ROI: 4.63%

202 E 4th Street

Spencer, IA

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

$249,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.36%

Airbnb Rental Income: $null

Traditional Rental Income: $2550

Airbnb ROI: N/A

Traditional ROI: 8.36%

1423 18th Avenue W

Spencer, IA

3 beds | 2 baths | 6,066 sq.ft.

$646,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2430

Airbnb ROI: N/A

Traditional ROI: 1.79%

1523 W 18th Avenue

Spencer, IA

5 beds | 3 baths | 1,736 sq.ft.

$359,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.88%

Airbnb Rental Income: $null

Traditional Rental Income: $2842

Airbnb ROI: N/A