Apartment Building

Sheldon, IA Apartment Buildings for Sale

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8-Unit Apartment Building
Updated: Sep 15
8-Unit Apartment Building

810 7th Street, Sheldon, IA 51201

$629,000
6,357 sqft 0.14 AC lot
Eight apartments in a 6,357‑square‑foot building
Four one‑bedroom apartments and four three‑bedroom apartments
Unit 2 is under construction
Third‑floor units are configured for short‑term rentals
Rear siding and windows completed in January 2026
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1 active listing matches your search: Apartment Building for sale in Sheldon, IA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

17-Unit Apartment Building
17-Unit Apartment Building

2212 Okoboji Ave, Milford, IA 51351

$950,000
10,882 sqft 0.35 AC lot

A mix of conventional apartments and furnished rooms accommodates both longer-term and short-stay rental formats.

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32-Unit Historic Apartment Complex
32-Unit Historic Apartment Complex

109 E Luverne Street Units 101-336, Luverne, MN 56156

$1,750,000
75,000 sqft

Repurposed historic school building with varied unit layouts and shared resident amenities.

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32-Unit Apartment Building
32-Unit Apartment Building

109 E Luverne Street, Luverne, MN 56156

$1,750,000
2.22 AC lot

Shared resident facilities include a gymnasium, community room, outdoor space, laundry, and elevator access.

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24-Unit Apartment Building
24-Unit Apartment Building

1209 6th Street, Milford, IA 51351

$2,500,000

The property combines varied apartment layouts with garages, storage units and on-site parking.

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Sheldon, IA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Sheldon, IA on our real estate platform. These investment opportunities span a total of 6,357 square feet of properties for sale, with an estimated market value of $629,000.

Sale prices for apartment complexes in Sheldon, IA average $629,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 6,226
Population Growth (5Y) +4.3%
Median Household Income $70,592
College Educated 26.3%

High-Yield Neighborhoods for Investment

Identify Sheldon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
51201 $629K

Taxes & Financing

Tax Rate (average for all types) 2.56%
Property Tax per SF $30.74 per SF
Tax Rate vs County Average 0.52 pp above county avg
Average Loan-to-Value 65.0%

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