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
24,273 sqft 0.14 AC lot
Eight apartments in a 24,273‑square‑foot all‑brick building
0.14‑acre property at 810 7th Street, Sheldon, IA 51201
Three‑floor layout with two 3‑bedroom units on each of the first two floors
Third floor includes four 1‑bedroom apartments configured for Airbnb/short‑term rental use
Rear siding and windows completed in January 2026
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Sheldon, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Townhome-Style Apartment Buildings
Townhome-Style Apartment Buildings

3300 Sunner Ave Bldg A & B, Spirit Lake, IA 51360

$1,395,000
14,784 sqft

Twelve-unit multifamily property with attached garages, in-unit laundry, and walk-out patios.

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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 Historic Apartment Building
32-Unit Historic Apartment Building

109 E Luverne Street, Luverne, MN 56156

$1,750,000
2.22 AC lot

Repurposed school property offers one-, two-, and three-bedroom residences with shared community amenities.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

1501 Hill Ave, Spirit Lake, IA 51360

$900,000

Multi-unit property offers detached garage parking, basement storage, and shared laundry facilities.

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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 24,273 square feet of properties for sale, with an estimated market value of $629,000.

Sale prices for two-family homes 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%

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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