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Shenandoah, IA Apartment Buildings for Sale

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Essex, IA Coin, IA Riverton, IA Sidney, IA Hamburg, IA Clarinda, IA Emerson, IA Tabor, IA
5-Unit Brick Apartment Building
Updated: Sep 30
5-Unit Brick Apartment Building

301 S Elm Street, Shenandoah, IA 51601

$229,000
Five‑unit apartment property
Brick construction with shingle roof
Built in 1952
Forced‑air heat and central air, with wall‑unit cooling
Range and refrigerator included
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Shenandoah, 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.

5-Unit Apartment Building
5-Unit Apartment Building

1416 O St, Omaha, NE 68107

$380,000
2,500 sqft

Five-unit property with a separate cottage, coin laundry, storage, and off-street parking.

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Apartment Building with Development Land
Apartment Building with Development Land

1660 East Summit Street, Red Oak, IA 51566

Contact for pricing
25,500 sqft

R-4 zoning and additional land support the property’s multifamily configuration and future development potential.

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5-Unit Apartment Property
5-Unit Apartment Property

1416 O Street, Omaha, NE 68107

$380,000

Four apartments occupy the primary residence, with a separate cottage at the rear.

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Historic Senior Living Community
Historic Senior Living Community

25 Linden Ave S, Council Bluffs, IA 51503

Contact for pricing
63,097 sqft

36-unit independent senior living community in Council Bluffs, Iowa.

View details

Shenandoah, IA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Shenandoah, IA on our real estate platform.

Sale prices for two-family homes in Shenandoah, IA average $229,000 — 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 5,562
Population Growth (5Y) -1.8%
Median Household Income $59,647
College Educated 8.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
51601 $229K

Taxes & Financing

Tax Rate (average for all types) 2.67%
Property Tax per SF $32.03 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

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