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
$450,000
321 9th St, Sheldon, IA 51201
6beds
8,448sqft
Multi Family
Built in 1900
-- sqft lot
$449,600 Zestimate®
$53/sqft
$1,227 Estimated rent
Home value
$449,600
Estimated sales range
Not available
$1,227/mo
Zestimate® history
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$1,227/mo
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$2,274/mo
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List your homeWhat's special
Zillow last checked: 8 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
Other
Other facts
- Price range: $450K - $450K
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $450,000-2.2%$53/sqft |
Source:  Northwest Iowa Regional BOR #827393 Report a problem | ||
| 8/25/2025 | Pending sale | $460,000$54/sqft |
Source: Northwest Iowa Regional BOR #827393 Report a problem | ||
| 6/12/2025 | Price change | $460,000-6.1%$54/sqft |
Source: Northwest Iowa Regional BOR #827393 Report a problem | ||
| 3/11/2025 | Price change | $490,000-7.5%$58/sqft |
Source: Northwest Iowa Regional BOR #827393 Report a problem | ||
| 1/17/2025 | Listed for sale | $530,000$63/sqft |
Source: Northwest Iowa Regional BOR #827393 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 51201
Nearby schools
GreatSchools rating
- 9/10East Elementary SchoolGrades: PK-4Distance: 0.7 mi
- 7/10Sheldon Middle SchoolGrades: 5-8Distance: 1.3 mi
- 5/10Sheldon High SchoolGrades: 9-12Distance: 1 mi
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- Iowa
- O Brien County
- Sheldon
- 51201
- 321 9th St