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
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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Sheldon, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 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.

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New Construction Duplex
New Construction Duplex

1614 W 11th St., Spencer, IA 51301

$289,900
1,223 sqft 0.13 AC lot

Ranch-style duplex property with quality finishes, a covered porch, and an attached heated garage.

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New Construction Duplex
New Construction Duplex

1612 W 11th Street, Spencer, IA 51301

$289,900
1,223 sqft 0.13 AC lot

Ranch-style residence with quality finishes, a heated attached garage, covered porch, and central air.

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

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 24,273 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%

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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