Status: Active $629,000

810 7th Ave.
Sheldon, Iowa 51201

16 Bed
8 Bath

Details

  • Year Built: 1916
  • Property Type: 8-Plex
  • Lot Size: .14 acres
  • Heating Unit: Each apartment has its own individual heating and cooling unit, allowing residents to control the temperature within their own unit.
  • Cooling Unit: Each apartment has its own individual heating and cooling unit, allowing residents to control the temperature within their own unit.
  • Real Estate Taxes: $3,758
  • HOA: No
  • School District: Sheldon
  • Property Type: Commercial
  • Date Listed: September 15, 2026

Description

Prime 8-Plex Investment Opportunity! This well-maintained 8-unit all-brick apartment building offers an excellent opportunity for investors looking for a property with extensive updates already completed. The main floor features two 3-bedroom apartments, with Unit 2 currently under construction, providing an opportunity to complete and customize the space. The second floor offers two additional 3-bedroom apartments. The third floor features four 1-bedroom apartments, currently set up for Airbnb/short-term rental use, providing potential for additional rental income and flexibility. The building features significant recent improvements throughout. Major updates include new siding on the rear of the building and new rear windows completed in January 2026, new flooring throughout the building, updated plumbing including new sewer lines, professionally completed asbestos removal, upgraded faux blinds in all windows, and new hot water heaters. The property also offers off-street parking, a desirable amenity for tenants and guests. With substantial capital improvements already completed, this 8-plex is a great opportunity for an investor seeking a property with a strong foundation and multiple income-producing units.

642 Views

Features

  • The first floor includes two 3-bedroom apartments
  • while the second floor offers two additional 3-bedroom apartments. The third floor features four 1-bedroom apartments
  • providing a desirable variety of rental options.
  • Brick

Bailey Francis

Associate Broker | Realtor®
License: B67498000
Office: 712-541-4330
Email: baileyfrancisr@gmail.com

Contact

Related Listings

1816 E 9th Street, Sheldon, IA 51201
New Listing
$250,000 3 Bed | 2 Bath | 1,740 Sq Ft

1816 E 9th Street, Sheldon, IA 51201

Take a look at this great move-in ready home with a large, tandem, triple stall garage! This home has been...

View Property
1509 S 3rd Avenue, Sheldon, IA 51201
New Listing
$199,000 2 Bed | 1 Bath | 1,340 Sq Ft

1509 S 3rd Avenue, Sheldon, IA 51201

Major renovations are all completed and this home should be low maintenance and highly efficient for years to...

View Property
627 7th Street, Sheldon, IA 51201
New Listing
$325,000 2 Bed | 2 Bath | 1,500 Sq Ft

627 7th Street, Sheldon, IA 51201

Looking to downsize in a beautiful brand-new space? Located in the heart of Sheldon, this recently constructed...

View Property
$125,000

824 3rd Avenue, Sheldon, IA 51201

Prime Downtown Office Opportunity! This well-maintained commercial building offers a practical and efficient...

View Property