Outstanding Investment Opportunity in the heart of downtown Sheldon. The ground level office space consists of a reception area, conference room with french doors, 2 dedicated private offices, extra office potential, storage, 1 restroom, small kitchenette with a 1/2 bath. This space has a 3-year lease in place and rents for $1600/month. The 2nd level offers 3 studio apartments and has been completely remodeled. All 3 apartments offer 2 bedrooms, full bath, kitchen with island, appliances (refrigerator, stove, microwave, dishwasher), and a mechanical room featuring a stackable washer/dryer, hot water heater and new furnace. Currently all 3 apartments have a 1 yr lease in place $1050/month.
Sold for $450,000 on 10/01/25
$450,000
321 9th St, Sheldon, IA 51201
6beds
8,448sqft
Multi Family
Built in 1900
-- sqft lot
$450,000 Zestimate®
$53/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 01, 2025 at 12:53pm
Listed by:
Jacqueline Maassen 712-395-1334,
Vision Realty
Bought with:
Adam Doughan, S64819
Real Broker, LLC
Source: Northwest Iowa Regional BOR,MLS#: 827393

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Interior area
- Total structure area: 8,448
- Total interior livable area: 8,448 sqft
- Finished area below ground: 2,816
Property
Lot
- Size: 6,098 sqft
Details
- Parcel number: 003176000
- Zoning: URB COMM
- Zoning description: URB COMM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Sheldon
HOA & financial
Other financial information
- Total actual rent: 4800