Multifamily

Sheldon, IA Multifamily Properties 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: Multifamily for sale in Sheldon, IA. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

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

Hotel Property with Manager Suite
Hotel Property with Manager Suite

1923 Dover St, Worthington, MN 56187

$899,000
2,921 sqft

Three-building hospitality property with 36 furnished rooms and an attached office.

View details
Duplex with Separate Entrances
Duplex with Separate Entrances

1543 Dover St, Worthington, MN 56187

$169,900
1,350 sqft

Two-unit property with separately metered utilities and tenant-paid gas, electric, water, and trash.

View details
Triplex with Basement
Triplex with Basement

807 4th Avenue, Spencer, IA 51301

$63,000
0.18 AC lot

Multifamily property with six bedrooms, three bathrooms, public utilities, forced-air heating, and vinyl siding.

View details
Three-Unit Multifamily Property
Three-Unit Multifamily Property

807 4th Avenue W, Spencer, IA 51301

$63,000

The building contains three residential units in Spencer, Iowa.

View details

Off-Market Properties in Sheldon, IA

Consider similar Off-Market properties in Sheldon, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

301 6th Ave
MOBILE HOME PARK, TRAILER PARK

301 6th Ave, Sheldon, IA 51201-1250

Estimated value:
$1,585,000
4.81 AC lot
View details
Sheldon, IA 51201
MOBILE HOME PARK, TRAILER PARK

Sheldon, IA 51201

Estimated value:
$1,585,000
2.65 AC lot
View details
1329 3rd Ave
MOBILE HOME PARK, TRAILER PARK

1329 3rd Ave, Sheldon, IA 51201-1963

Estimated value:
$225,000
0.93 AC lot
View details
Sheldon, IA 51201
MOBILE HOME PARK, TRAILER PARK

Sheldon, IA 51201

Estimated value:
$295,000
10.59 AC lot
View details

Sheldon, IA Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties 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 multifamily properties 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Short term rental properties 1

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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