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321 9th St, Sheldon, IA 51201

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For Sale

$490,000

8,448 sqft

Estimated Payment

$ 2,677 /mo. †

6.67% APR for 30 yrs.
$1,860 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $58.00
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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 2 apartments have a 1 yr lease in place $1050/month.
MLS# 827393

Courtesy Of Vision Realty

(712) 722-0045

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 321 9th St, Sheldon, IA 51201

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,522
  • Property Taxes
    $155
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,677

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

East Elementary School

Grades PK-4 Public School

Sheldon, IA 51201 0.7 miles
501 normal college ave

435 total students
14:1 Student teacher ratio

School Rating: A

School Details

Sheldon Middle School

Grades 5-8 Public School

Sheldon, IA 51201 1.3 miles
310 23rd ave

349 total students
15:1 Student teacher ratio

School Rating: A-

School Details

Sheldon High School

Grades 9-12 Public School

Sheldon, IA 51201 1 miles
1700 e 4th st

368 total students
16:1 Student teacher ratio

School Rating: C-

School Details
Other Nearby Schools Distance Type Grades School Rating
St Patrick Elementary School 0.2 miles Private PK-8
Sheldon Christian School 0.7 miles Private KG-8

St Patrick Elementary School

Distance: 0.2 miles

Type Private

Grades: PK-8

Sheldon Christian School

Distance: 0.7 miles

Type Private

Grades: KG-8

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Sheldon, IA 51201

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Sheldon, IA 51201

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are above the national average.

85° July
Hottest Average Month
6° January
Coldest Average Month
2,568 Total Households in Area
-0.3% Increase in population since the year 2010
27.4%
of households
have children
16 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Sheldon, IA 51201

Sheldon, IA 51201 has a population of 6,286 people in 2,568 households with a median age of 39.8 years old.

-0.3%
Decrease in population
since the year 2010
Population is Trending down
2,492
Total households as of 2010
3.9%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39.8 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 86%
Hispanic 11%
Other 5%
Black 1%
Asian 1%
Native American <1%
The most prevalent ethnicity is White at 86%, followed by Hispanic at 11%, Other at 5%, and Black at 1%.

Economics
for Sheldon, IA 51201

56 /sq mi
Population Density
$68,030 /yr
Median Household Income
$172,750
Median Sales Price
16 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.82% of the households.

Transportation to Work

  • Drive 93%
  • Work from Home 4%
  • Public Transit 2%
  • Walk or Bike 1%

Occupancy by Type

Owned 1,841 65%
Rented 727 26%
Vacant 270 10%

White vs Blue Collar Jobs







White Collar 62%
Blue Collar 38%

Family & Education Facts
for Sheldon, IA 51201

39.8 Median Age

Average Household Size

2.3
persons per
household

58.7%

Married Households

Community Population By Education

High School Graduate 34%
Some College 21%
Bachelors Degree 17%
Associates Degree 14%
Some High School 8%
Graduate Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 34.2% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.3% of households have children

Weather
for Sheldon, IA 51201

The weather for this area ranges from a high of 85° F in July to a low of 6° F in January

85° July
Hottest Average Month
6° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
6°
25°
Feb
11°
30°
Mar
22°
42°
Apr
35°
59°
May
47°
71°
Jun
57°
80°
Jul
61°
85°
Aug
59°
83°
Sep
50°
74°
Oct
38°
62°
Nov
24°
44°
Dec
12°
30°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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