5-Unit Brick Apartment
For Sale
$229,000
301 S Elm Street, Shenandoah, IA 51601
Commercial Sale, Shenandoah, IA
Property SizeContact for details
Days on Market8
Property Features for 301 S Elm Street
General Information
Property type
Commercial Sale
Property subtype
Apartment
Appliances
Range, Refrigerator
Lot features
Corner Lot
Directions
Take Elm St to 301 S Elm St.
Standard status
Active
APN
0519406100000
Taxes and HOA fees
Tax Year
2026
Tax Description
Priests Lots 85 thru 88
Tax Annual Amount
1804
Legal Description
Priests Lots 85 thru 88
Utilities
Heating system
Forced Air
Cooling system
Central Air, Wall Unit(s)
Water source
Public
Building Details
Year built
1952
Number of units
5
Flooring type
Carpet
Building materials
Brick
Roof type
Shingle
Listing Agency:
Rubey Realty · Windermere Real Estate
(712) 623-2724
Listed By:
Audie Rainey · License #B61131000
(712) 621-1818
Added: Sep 30
Changed: Oct 2
Last Checked: Oct 7 at 8:06AM
MLS# 6343250
Copyright © 2026 NoCoast MLS. 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.
This five-unit apartment property was built in 1952 and has brick construction with a shingle roof. Interior finishes include carpet, while heating is provided by a forced-air system. Cooling includes central air and wall units. A range and refrigerator are also included.
The building is located at 301 S Elm Street in Shenandoah, Iowa. Public water serves the property.
The building is located at 301 S Elm Street in Shenandoah, Iowa. Public water serves the property.
Key Highlights
- Five‑unit apartment property
- Brick construction with shingle roof
- Built in 1952
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Explore this area
Business Placement
Demographics for 51601, IA
5,681
Population
2,762
Households
2.1
Avg Household Size
45
Median Age
20%
College-Educated
94%
High-School Grad
103.3 sq mi
ZIP Area
55
Density / Sq Mi
$59,647
Median Household Income
$40,343
Median Earnings
$768
Median Rent
$121,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Five rental units are supported by forced-air heating, air conditioning, and public water service.
Where is this apartment building located?
The property is located at 301 S Elm Street Shenandoah, IA.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Five‑unit apartment property; Brick construction with shingle roof; Built in 1952
