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    Shenandoah, IA
    Residential Income

    Shenandoah, IA Residential Income Properties 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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Shenandoah, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    407 Main Street, Bedford, IA 50833

    $140,000
    0.12 AC lot

    Historic commercial building combining an operating fitness center with updated residential units and separate utility metering.

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    Two-Home Duplex Property
    Two-Home Duplex Property

    406 S Mulberry St, Maryville, MO 64468

    $245,000

    Two separate residences offer flexible owner-occupant or rental use, with updated interiors and a detached garage workshop.

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    Updated Duplex With Separate Apartment
    Updated Duplex With Separate Apartment

    1108 N Main St, Maryville, MO 64468

    $259,900

    Historic residence offers flexible living space, private entry, and an established apartment lease.

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    Former Bank Building with Apartments
    Former Bank Building with Apartments

    407 Main Street, Bedford, IA 50833

    Contact for pricing

    A former bank building featuring a main-level fitness center and three upstairs apartments, plus updated building systems.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lot in Red Oak
    Residential Lot in Red Oak

    2805 N 4th Street, Red Oak, IA 51566

    Contact for pricing
    0.29 AC lot

    Ready-to-build residential lot in Woodland Hills Subdivision, Red Oak, Iowa.

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    Residential Lot in Red Oak
    Residential Lot in Red Oak

    2804 N 4th Street, Red Oak, IA 51566

    Contact for pricing
    0.29 AC lot

    Woodland Hills Subdivision lot ready for building a home.

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    Residential Lot in Woodland Hills
    Residential Lot in Woodland Hills

    2807 N 4th Street, Red Oak, IA 51566

    Contact for pricing
    0.32 AC lot

    Residential lot ready for building in Red Oak, Iowa.

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    Residential Lot in Woodland Hills
    Residential Lot in Woodland Hills

    2809 N 4th Street, Red Oak, IA 51566

    Contact for pricing
    0.33 AC lot

    Ready-to-build residential lot in Red Oak, Iowa.

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    Off-Market Properties in Shenandoah, IA

    Consider similar Off-Market properties in Shenandoah, 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.

    512 Ferguson Rd
    MOBILE HOME PARK, TRAILER PARK

    512 Ferguson Rd, Shenandoah, IA 51601-1400

    Estimated value:
    $160,000
    6.74 AC lot
    View details
    1980 Hickory Ave
    MOBILE HOME PARK, TRAILER PARK

    1980 Hickory Ave, Shenandoah, IA 51601-4542

    Estimated value:
    $255,000
    6.14 AC lot
    View details

    Shenandoah, IA Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Shenandoah, IA on our real estate platform.

    Sale prices for residential income properties 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    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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