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 Residential For Salhttf L For Salhttf L For Salhttf L For Salhttf L Fory Residential for Sale in Spencer, IA

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

Showing 28 Single Family Residential For Salhttf L For Salhttf L For Salhttf L For Salhttf L Fory Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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%
1900 4th Ave. SW 106 Spencer, IA First floor Condominium on the Spencer Municipal Golf Course. This one-bedroom unit offers...	1 beds \| N/A baths \| 783 sq.ft.	$121,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 7.91% Airbnb Rental Income: $909 Traditional Rental Income: $1536 Airbnb ROI: -0.39% Traditional ROI: 7.91%
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%
1706 3rd Ave E Spencer, IA Beautiful two bedroom 1 bath bungalow in a quiet area. Original hard wood floors in main l...	2 beds \| 1 baths \| 2,032 sq.ft.	$169,000	Airbnb cash on cash: 3.03% Traditional cash on cash: 6.92% Airbnb Rental Income: $1392 Traditional Rental Income: $1598 Airbnb ROI: 3.03% Traditional ROI: 6.92%
3202 W 3rd Street Spencer, IA Charming Opportunity for your new home at 3202 West 3rd Street! Located on a quiet cul-de...	2 beds \| 1 baths \| 1,096 sq.ft.	$215,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 4.47% Airbnb Rental Income: $1392 Traditional Rental Income: $1469 Airbnb ROI: 2.03% Traditional ROI: 4.47%
1813 20th Avenue W Spencer, IA Easy Living Opportunity! Perfect for anyone looking to downsize or simplify their daily li...	3 beds \| 1 baths \| 1,794 sq.ft.	$337,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 2.29% Airbnb Rental Income: $1392 Traditional Rental Income: $1436 Airbnb ROI: 0.82% Traditional ROI: 2.29%
811 1st Avenue SW Spencer, IA Ahh! What a Change. From the moment you step inside, this recharged ranch offers the comfo...	3 beds \| 1 baths \| 1,200 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.51% Airbnb Rental Income: $null Traditional Rental Income: $2096 Airbnb ROI: N/A Traditional ROI: 10.51%
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%
543 7th Avenue W Spencer, IA It may be winter but your spring might be coming up roses in this 2 bedroom, 2 bath home t...	2 beds \| 1 baths \| 976 sq.ft.	$129,900	Airbnb cash on cash: 5.14% Traditional cash on cash: 7.55% Airbnb Rental Income: $1392 Traditional Rental Income: $1273 Airbnb ROI: 5.14% Traditional ROI: 7.55%
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%
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%
701 4Th Street SW Spencer, IA Welcome to this charming Cape Cod-style home, perfectly positioned in the heart of town an...	4 beds \| 1 baths \| 3,410 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.77% Airbnb Rental Income: $null Traditional Rental Income: $2110 Airbnb ROI: N/A Traditional ROI: 2.77%
19 E 2nd Street Spencer, IA Investor Opportunity â Tucked into the heart of Spencer, this 1Â½-story frame bungalow h...	N/A beds \| N/A baths \| 2,050 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.44% Airbnb Rental Income: $null Traditional Rental Income: $1382 Airbnb ROI: N/A Traditional ROI: 9.44%
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 Ave SW Spencer, IA Stunning kitchen! Custom built cabinets, quartz countertops, stainless-steel appliances, l...	2 beds \| 1 baths \| 1,251 sq.ft.	$254,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 4.59% Airbnb Rental Income: $1392 Traditional Rental Income: $1664 Airbnb ROI: 1.71% Traditional ROI: 4.59%
1214 11th Avenue SE Spencer, IA Discover the perfect blend of sophisticated design and cozy comfort! You will find no-cost...	3 beds \| 1 baths \| 2,568 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $1913 Airbnb ROI: N/A Traditional ROI: 4.22%
1704 4th Avenue SW Spencer, IA A solid investment opportunity awaits! Here is a tried and true 4 plex with a prime locati...	N/A beds \| N/A baths \| 4,900 sq.ft.	$409,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.35% Airbnb Rental Income: $null Traditional Rental Income: $1529 Airbnb ROI: N/A Traditional ROI: 1.35%
1622 1st Avenue E Spencer, IA Picture perfect comes to mind when thinking about that perfect place for you to call HOME....	2 beds \| 1 baths \| 1,808 sq.ft.	$179,900	Airbnb cash on cash: 2.91% Traditional cash on cash: 6.84% Airbnb Rental Income: $1392 Traditional Rental Income: $1644 Airbnb ROI: 2.91% Traditional ROI: 6.84%

Your search for investment property begins and ends here

Single Family Residential For Salhttf L For Salhttf L For Salhttf L For Salhttf L Fory Residential for Sale in Spencer, IA

21 W 1ST ST

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%

1900 4th Ave. SW 106

Spencer, IA

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

$121,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 7.91%

Airbnb Rental Income: $909

Traditional Rental Income: $1536

Airbnb ROI: -0.39%

Traditional ROI: 7.91%

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%

1706 3rd Ave E

Spencer, IA

2 beds | 1 baths | 2,032 sq.ft.

$169,000

Airbnb cash on cash: 3.03%

Traditional cash on cash: 6.92%

Airbnb Rental Income: $1392

Traditional Rental Income: $1598

Airbnb ROI: 3.03%

Traditional ROI: 6.92%

3202 W 3rd Street

Spencer, IA

2 beds | 1 baths | 1,096 sq.ft.

$215,900

Airbnb cash on cash: 2.03%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1392

Traditional Rental Income: $1469

Airbnb ROI: 2.03%

Traditional ROI: 4.47%

1813 20th Avenue W

Spencer, IA

3 beds | 1 baths | 1,794 sq.ft.

$337,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $1392

Traditional Rental Income: $1436

Airbnb ROI: 0.82%

Traditional ROI: 2.29%

811 1st Avenue SW

Spencer, IA

3 beds | 1 baths | 1,200 sq.ft.

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.51%

Airbnb Rental Income: $null

Traditional Rental Income: $2096

Airbnb ROI: N/A

Traditional ROI: 10.51%

1120 4th Avenue W

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