301 S Elm Street Shenandoah, IA ^$ 229,000

301 S Elm Street

^$ 229,000

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Recently Listed

301 S Elm Street

Shenandoah, IA, 51601

^$ 229,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 1,582

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Commercial Property for sale in Shenandoah, IA

for $229,000. This building was built in 1952.

Are you considering a strong rental investment property? Set up a showing to see this professionally managed 5-plex! Solid property. Strong returns. Easy Transition. Call today!

Commercial Active

Price

^$ 229,000

Property Type

Commercial

Taxes

^$ 1,804

Style

Year Built

1952

Town/City

Shenandoah

County/Region

Page

MLS | Web ID

6343250

Features

General

Sewer City Sewer/Connected

Heating Forced Air Other

Cooling Central Air Wall Unit(s)

Utilities Electric Common Heating Common

Roof Shingle

Appliances Range Refrigerator

Garage Spaces 0

Construction Materials Brick

Year Built 1952

Property Subtype Apartment

Tax Year 2026

Current Use Residential

Accessibility None

County Page

Property Type Commercial Sale

Association Amenities Laundry

Contingency None

Possible Use Other

Status Active

Directions Take Elm St to 301 S Elm St.

Open Parking Spaces 5

Number Of Units Total 5

Lot Size Units Acres

Tax Annual Amount 1804

Living Area Units Square Feet

Standard Status Active

Legal Description Priests Lots 85 thru 88

Interior

Flooring Carpet

Exterior

Parking Features Gravel

Lot Features Corner Lot

Water Source Public

Lot Dimensions 103 X 120

Road Frontage Type City Street

Road Responsibility Public Maintained Road

* Excluded Features

List By

Audie Rainey

Listing Agent

Rubey Realty

Broker

712-621-1818

Contact

Affordability Calculator

$1,732

Per Month

Monthly Principal & Interest: $1,582
Monthly Property Taxes: $150
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Shenandoah, IA

Average List Price ^$229,000

Percent of Sale Price 0%

About Shenandoah, IA

5,117 Population

-8% Since 2002

^$39,996 Median Income

44.02 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/30/2026	$229,000		Listed Price

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301 S Elm Street, Shenandoah, IA, 51601 is a Commercial Property for sale at $229,000. 301 S Elm Street was built in 1952. The property's zip code is 51601 which is in Shenandoah, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The 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 is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 10/13/2026.

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301 S Elm Street

Commercial Property for sale in Shenandoah, IA

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