505 E 3rd St
Spencer, IA 51301
2 Beds
1 Bath
1,301 sqft
2 Beds
1 Bath
1,301 sqft
Local Information
- Map ViewExplore the area around 505 E 3rd St.
- Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1900
Living Area
1,301 sqft
Price/Sqft
$39
Parking
Garage
About this House
Investment opportunity! This property offers 3 bedrooms with full bath on the main floor. Also has a separate entrance to an upstairs efficiency apartment that needs work.
505 E 3rd St, Spencer, IA 51301 is a 2 bedroom, 1 bathroom, 1,301 sqft multi-family built in 1900. It last sold for $27,000 on Mar 1, 2018. It is currently off market. The Trulia Estimate is $50,100, with a rent estimate of $919/month.
Home Details for 505 E 3rd St
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Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1.5Floors: Carpet |
Interior Details Number of Rooms: 8 |
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Exterior Home Features Roof: AsphaltExterior: OtherFoundation Type: Concrete Block |
Parking & Garage GarageParking: Garage Detached |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Multi FamilyArchitecture: A-frame |
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Lot Area: 8910 sqft |
Price History for 505 E 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 11/01/2025 | $50,000 | ListingRemoved | Iowa Great Lakes BOR #241320 |
| 11/02/2024 | $50,000 | Listed For Sale | Iowa Great Lakes BOR #241320 |
| 03/01/2018 | $27,000 | Sold | N/A |
| 08/22/2014 | $30,000 | Sold | N/A |
Market trends in Spencer
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
80
10MoM
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $632 |
| Assessment | $45,870 |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKET
OFF MARKET- OFF MARKET
Assigned Schools
These are the assigned schools for 505 E 3rd St.
- Spencer High School
- 9-12
- Public
- 679 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
- 520 Students
7/10GreatSchools 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 Review8y ago - Fairview Park Elementary School
- 1-2
- Public
- 230 Students
NAGreatSchools RatingParent Rating Average
No reviews available for this school. - Johnson Elementary School
- PK-K
- Public
- 182 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
- 415 Students
5/10GreatSchools RatingParent Rating AverageNo reviews available for this school. 
Check out schools near 505 E 3rd 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
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
PET FRIENDLYINCOME RESTRICTED
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Homes for sale near 505 E 3rd St
Off Market Homes Near 505 E 3rd St
- SOLDMAY 1, 2026
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