810 7th Street, Sheldon, IA 51201

Property 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.