$450,000

510 9th St Sheldon, IA 51201

Estimated payment $3,025/month

6 Beds
5 Baths
6,100 Sq Ft
$74 Price per Sq Ft

Highlights

  • Multiple Garages
  • 2 Car Detached Garage
  • 1-minute walk to Sheldon City Park
  • East Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

An Investment Opportunity awaits, just a block from Downtown Sheldon! The main level consists of 2,300 Sq Ft of Retail Space and a 2 Bedroom, 1 bath Apartment. The 2nd level offers 3 apartments: 2 - 1 Bedroom 1 Bath (800 sq ft each) 1 - 2 Bedroom, 1 Bath (1,200 sq ft) All apartments have appliances included - refrigerator, stove, microwave, dishwasher and separate electrical panels. An unattached laundry room and 30' x 32' garage space are also a plus for this property. Private drive and off-street parking are a benefit as well. *Listing Agent is a co-owner of this property.

Listing Agent

Amy Sietstra

Northwest Realty License #S64947 Listed on: 10/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,032

Year Built

  • Built in 2016

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Multiple Garages

Home Design

  • 6,100 Sq Ft Home

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 0033020000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,032

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: ORIGINAL TOWN E 1/2 OF LOTS 1-2 & E 1/2 OF ALLEY BET 2-3 BLK 23
  • Year Built: 2016
  • Audio Surveillance: Yes
  • Current Leases Available: Yes
  • Video Surveillance: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 6100
  • Main Level Sq Ft: 3300
  • Sq Ft 2nd Level: 2800

Garage/Parking

  • Garage Type: Detached, Multiple
  • Internet: Yes
  • Driveway: Crushed Rock
  • Garage Spaces: 2
  • Off Street Parking: 4

Utilities

  • Air Conditioning Type: Central
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Lot Info

  • Acres: 0.21
  • Parcel Number: 0033020000
  • Zoning: Comm/MR

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Owner

Tax Info

  • Year: 2024
  • Gross Taxes: 8032

Multi Family

  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 5
  • Water Separate By Unit: Yes

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,916 $427,080 $14,400 $412,680
2023 $7,408 $427,080 $14,400 $412,680
2022 $7,430 $387,040 $14,400 $372,640
2021 $7,430 $387,040 $14,400 $372,640
2020 $6,518 $313,100 $14,400 $298,700
2019 $6,638 $307,520 $0 $0
2018 $6,480 $307,520 $0 $0
2017 $888 $45,560 $0 $0
2016 $896 $45,560 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 For Sale $450,000 -- $74 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 830848

Northwest Iowa Regional Board of REALTORS®

APN: 0033020000