Apartment Building

Iola, WI Apartment Buildings for Sale

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12-Unit Apartment Building
Updated: Dec 22, 2025
12-Unit Apartment Building

165 S CHET KRAUSE DRIVE, Iola, WI 54945

$995,000
2.68 AC lot
12‑unit apartment property with all units currently occupied
More than 39,000 square feet across two connected buildings
2.68‑acre property in Iola, Wisconsin
Unit mix includes 2‑bedroom/1‑bath and 1‑bedroom/1‑bath apartments
On‑site laundry, off‑street parking, and shared gathering areas
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12-Unit Apartment Complex
Updated: Dec 22, 2025
12-Unit Apartment Complex

165 S Chet Krause Drive, Iola, WI 54945

$995,000
12 apartments, all currently occupied
More than 39,000 square feet across two connected buildings
Unit mix includes one‑bedroom/one‑bathroom and two‑bedroom/one‑bathroom layouts
Off‑street tenant parking and on‑site laundry
Multi‑Family zoning; built in 1965
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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2 active listings match your search: Apartment Building for sale in Iola, WI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

18-Unit Apartment Building
18-Unit Apartment Building

3701 Robert Pl, Stevens Point, WI 54481

$1,850,000
13,616 sqft

Leased apartment property with on-site coin-operated laundry.

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Renovated 24-Unit Apartment Building
Renovated 24-Unit Apartment Building

415 W Fulton Street, Waupaca, WI 54981

$2,900,000

Substantial building and interior upgrades include new roofs, windows, plumbing, appliances, cabinetry, fixtures, and air conditioning.

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18-Unit Apartment Building
18-Unit Apartment Building

3701 ROBERT PLACE, Stevens Point, WI 54481

$1,850,000

Brick multifamily property with leased residences, lower-level laundry, parking, and access to parks, schools, shopping, and groceries.

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Updated Mixed-Use Building For Sale
Updated Mixed-Use Building For Sale

113 E Fulton Street, Waupaca, WI 54981

$289,900
0.10 AC lot

Updated commercial building with apartments and retail space, fully leased.

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Iola, WI Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Iola, WI on our real estate platform.

Sale prices for apartment complexes 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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