1329 S 3rd Avenue Sheldon, IA 51201

Listing agency ISB Services Inc Show Phone

Listed by Corey Elgersma Show Phone

Added: May 19 Updated: Jul 16 at 10:30AM Checked: Jul 21 at 12:06PM

Report an Issue

MLS# 833039

Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

---

Investment Insights

Based on property information with market context.

A nearly one-acre residential lot (.93-acre) is available in Sheldon, IA. The property is zoned RM – Multiple Family Residential, providing flexibility for a range of housing and related uses. Public remarks indicate potential options including condominiums, duplexes, family homes as defined by Iowa Code, group residential apartments, single-family residential, townhouses, government/public use buildings, park and recreational services, and religious assembly, subject to additional planning and zoning approval where required.

The lot’s RM zoning supports a mix of residential configurations, including multi-family and townhome-style development. Other possible uses may be considered, but some may require further approval.

This offering is for land only.

Key Highlights

• .93‑acre lot in south Sheldon
• Zoned RM – Multiple Family Residential
• Potential uses noted include condominium, duplex, family home, group residential apartments, and townhouses

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $445,000

  Industrial Machine Shop with Storage Units

  Steel-lined, heated and air-conditioned machine shop features large overhead doors, plus a separate storage building with eight units.

  410 Pine St, Sheldon, IA 51201

  View Details
• 

  $299,000

  Turnkey Restaurant with Outdoor Patio

  Updated restaurant and bar with a commercial kitchen, updated HVAC, and an outdoor patio, plus ample parking.

  1113 S 2nd Avenue, Sheldon, IA 51201-0000

  View Details
• 

  $170,000

  2,048 SF

  Insulated Warehouse with Loft Spaces

  Built in 2011, insulated, heated warehouse with central air.

  822 5th Street, Sheldon, IA 51201

  View Details
• 

  $170,000

  Insulated Heated Storage Warehouse

  Insulated and heated warehouse with central air, two overhead doors, and two loft spaces for flexible storage use.

  822 5th Street, Sheldon, IA 51201

  View Details

FAQs

What type of property is this?

Residential land & home lot - Nearly one-acre lot in Sheldon is zoned RM for multiple residential and select public uses.

Where is this residential land & home lot located?

The property is located at 1329 S 3rd Avenue Sheldon, IA.

What is the asking price?

The asking price for this property is $50,000.

What are key features of this property?

This property features: .93‑acre lot in south Sheldon; Zoned RM – Multiple Family Residential; Potential uses noted include condominium, duplex, family home, group residential apartments, and townhouses