19 E 2nd St
Spencer, IA 51301
4 Beds
2 Baths
2,050 sqft
$115,000
Original price: $119,000
$115,000
Original price: $119,000
4 Beds
2 Baths
2,050 sqft
Local Information
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Description
Investor Opportunity – Tucked into the heart of Spencer, this 1½-story frame bungalow has been a quiet constant—providing a comfortable place to call home for long-term tenants and reliable income. With two separate living units, each space offers simple, practical living with everything tenants need and nothing overcomplicated. Located near downtown, this property provides a strong occupancy history and consistent cash flow—perfect for investors seeking a stable, income-producing opportunity. This one deserves a closer look.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$56
Listed
180+ days ago
Home Details for 19 E 2nd St
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Interior Details Basement: Unfinished,Block,Full |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 2050 Square Feet |
Appliances & Utilities Utilities: Natural Gas ConnectedAppliances: Gas Water Heater |
Heating & Cooling Heating: BoilerHas CoolingAir Conditioning: Unit 1(Window),Unit 2(Window)Has HeatingHeating Fuel: Boiler |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Roof: Asphalt |
Parking & Garage No CarportHas a GarageNo Attached GarageHas Open ParkingParking: Concrete,Gravel,Shared Driveway,Detached |
Frontage Road Frontage: SidewalksNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 2050 Square Feet |
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Days on Market: 180+ |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex |
Building Construction Materials: Block, Wood SidingAttached To Another Structure |
Property Information Parcel Number: 963618132015 |
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Price List Price: $115,000Price Per Sqft: $56 |
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MLS Status: Active Contingent-CTS |
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Direction & Address City: SpencerCommunity: IA |
School Information Elementary School District: SpencerJr High / Middle School District: SpencerHigh School District: Spencer |
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Listing Agent Listing ID: 251337 |
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Building Area Building Area: 2050 Square Feet |
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Lot Area: 8276.4 sqft |
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Contingencies: Other |
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Expense Tenant Pays: Broadband, Cable TV |
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Owner Pays: Electricity, Gas, Grounds Care, Snow Removal, Trash Collection, Water/Sewer |
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BasementMls Number: 251337Attribution Contact: PRIM: 712-260-5711Above Grade Unfinished Area: 2050 |
Last check for updates: about 2 hours ago
Listing courtesy of Kelly Bierl, (712) 260-5711
Hometown Realty
Source: Iowa Great Lakes BOR, MLS#251337
Also Listed on Iowa Great Lakes BOR.
Price History for 19 E 2nd St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/18/2026 | $115,000 | PriceChange | Iowa Great Lakes BOR #251337 |
| 02/10/2026 | $119,000 | PriceChange | Iowa Great Lakes BOR #251337 |
| 10/10/2025 | $125,000 | Listed For Sale | Iowa Great Lakes BOR #251337 |
| 04/01/2019 | $100,000 | Sold | N/A |
| 11/16/2007 | $59,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,306 |
| Assessment | $84,400 |
Home facts updated by county records
Comparable Sales for 19 E 2nd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.31 | Multi-Family Home | $139,000 | 06/16/25 | 7 | 3 | 2,610 | |
0.83 | Multi-Family Home | $190,000 | 09/30/25 | 2 | 2 | 1,251 | |
0.30 | Multi-Family Home | $66,500 | 02/27/26 | 7 | 6 | - | |
0.68 | Multi-Family Home | $170,000 | 05/06/26 | 4 | 2 | - | |
0.93 | Multi-Family Home | $259,900 | 07/15/25 | 6 | 4 | 3,576 | |
2.50 | Multi-Family Home | $275,000 | 10/22/25 | 3 | 2 | 1,533 | |
1.37 | Multi-Family Home | $397,000 | 05/01/26 | 12 | 4 | - | |
2.65 | Multi-Family Home | $300,000 | 12/16/25 | 8 | 4 | 4,608 |
Assigned Schools
These are the assigned schools for 19 E 2nd St.
- Spencer High School
- 9-12
- Public
- 712 Students
7/10GreatSchools RatingParent Rating AverageA few of the teachers are good, the guidance counselors are great, but the administration is awful and does very little to help students who fall behind or are victims of bullying.Parent Review8y ago - Spencer Middle School
- 6-8
- Public
- 514 Students
9/10GreatSchools RatingParent Rating AverageHorrible!!!! Consider any other surrounding school before Spencer... PLEASE! This school system is a joke and is extremely pretentious. Several families I know of have removed their children from this school system this year with more doing the same next year. My child will no longer attend school here, either, as the support, educational excellence and moral compasses of the educators and administration is C level at best.Parent Review7y ago - Fairview Park Elementary School
- 1-2
- Public
- 308 Students
NAGreatSchools RatingParent Rating Average
No reviews available for this school. - Johnson Elementary School
- PK-K
- Public
- 229 Students
NAGreatSchools RatingParent Rating AverageAll 3 of my children have gone or are still going to Johnson. Our oldest, now 8 and attending Fairview, began attending in kindergarten when they began the grade alike program. The program has been absolutely wonderful. The bullying happens less often. And when it does happen, it is taken care of immediately. The Child's Garden program at Johnson for preschool there is one of the best preschool programs I've seen yet. . The staff is knowledgeable and wonderful. They have made such an impression on my children and they all love going to school just to see their teachers! You couldn't ask for anything better!Parent Review11y ago - Lincoln Elementary School
- 3-5
- Public
- 467 Students
5/10GreatSchools RatingParent Rating AverageNo reviews available for this school. 
Check out schools near 19 E 2nd St.
What Locals Say about Spencer
At least 31 Trulia users voted on each feature.
88 % Say yards are well-kept
83 % Say car is needed
81 % Say it's quiet
78 % Say it's dog friendly
74 % Say there are sidewalks
74 % Say parking is easy
69 % Say kids play outside
68 % Say people would walk alone at night
65 % Say there's holiday spirit
62 % Say it's walkable to grocery stores
60 % Say neighbors are friendly
49 % Say there's wildlife
48 % Say streets are well-lit
48 % Say they plan to stay for at least 5 years
42 % Say it's walkable to restaurants
31 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kelly Bierl, Hometown Realty
Agent Phone: (712) 260-5711
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
19 E 2nd St, Spencer, IA 51301 is a 4 bedroom, 2 bathroom, 2,050 sqft multi-family built in 1920. This property is currently available for sale and was listed by Iowa Great Lakes BOR on Oct 10, 2025. The MLS # for this home is MLS# 251337.