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    Iola Multifamily Investment Opportunity
    Updated: Dec 22, 2025
    Iola Multifamily Investment Opportunity

    165 S CHET KRAUSE DRIVE, Iola, WI 54945

    $995,000
    39,000 sqft 2.68 AC lot
    Twelve‑unit apartment complex with strong rental history and 100% occupancy.
    Significant square footage (over 39,000 sq ft) with potential for adding units or repurposing space.
    Includes a second building formerly used as a medical facility, offering diverse repurposing possibilities.
    Features off‑street parking, on‑site laundry, and common gathering areas.
    Mix of 2‑bedroom/1‑bath and 1‑bedroom/1‑bath apartment layouts.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Iola, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Apartment Building with Barn Improvements
    Apartment Building with Barn Improvements

    9651 Clayton Ave, Neenah, WI 54956

    $574,900
    4,532 sqft 3.73 AC lot

    The property includes six living quarters, office, shop, and storage areas.

    View details
    Stevens Point Apartment Complex Investment
    Stevens Point Apartment Complex Investment

    3701 ROBERT PLACE, Stevens Point, WI 54481

    $1,850,000

    Well-maintained 18-unit apartment complex in desirable Park Ridge area.

    View details
    Four-Unit Apartment Building Package
    Four-Unit Apartment Building Package

    1532 COLLEGE AVENUE, Stevens Point, WI 54481

    $925,000

    Two-property, fully leased apartment package with coin-operated laundry and common parking area.

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    Premier 55+ Apartment Community
    Premier 55+ Apartment Community

    2001 Marathon Avenue, Neenah, WI 54957

    $14,900,000
    17.25 AC lot

    Newly redeveloped 55+ multi-family community with commercial spaces.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Retail-Zoned Development Land Opportunity
    Retail-Zoned Development Land Opportunity

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details

    Iola, WI Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Iola, WI on our real estate platform. These investment opportunities span a total of 39,000 square feet of properties for sale, with an estimated market value of $995,000.

    Sale prices for two-family homes in Iola, WI average $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 3,408
    Population Growth (5Y) +2.5%
    Median Household Income $67,339
    College Educated 12.1%

    High-Yield Neighborhoods for Investment

    Identify Iola submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54945 $995K

    Taxes & Financing

    Tax Rate (average for all types) 2.23%
    Tax Rate vs County Average 0.22 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Waupaca County

    New Delisted

    Total CRE Inventory on Market (SF)

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