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    Iola, WI Multifamily Properties for Sale

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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.

    Upper-Lower Duplex with Separate Utilities
    Upper-Lower Duplex with Separate Utilities

    406 N BRIDGE Street, Manawa, WI 54949

    $189,900
    1,864 sqft 0.50 AC lot

    Fully rehabbed duplex on a double lot in Manawa with separate utilities, two detached garages, and two tenant-occupied units.

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    Four-Unit Property with Detached Garage
    Four-Unit Property with Detached Garage

    317 N WASHINGTON Street, Waupaca, WI 54981

    $314,900
    3,695 sqft

    Fully occupied quadplex with flexible month-to-month tenancy and a detached garage.

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    Multifamily Development and Rehab
    Multifamily Development and Rehab

    1401 Churchill Street, Waupaca, WI 54981

    $295,000
    27,000 sqft 1.58 AC lot

    R-3 zoned property with a prior nursing home building and city utilities, offered as-is where-is.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    304 East 4th Street, Manawa, WI 54949

    $149,900
    1,808 sqft

    Upper and lower 2 bed, 1 bath units are updated, with recent roof and mechanical replacements and month-to-month tenant leases.

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    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.

    Buildable Residential Lot with Pines
    Buildable Residential Lot with Pines

    Bollig Court lot: 2, Nekoosa, WI 54457

    $35,000
    2.45 AC lot

    A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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    Menominee City Building Lot
    Menominee City Building Lot

    605 46th Avenue, Menominee, MI 49858

    Contact for pricing
    0.21 AC lot

    Building lot near Henes Park, ready for construction.

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    Deeded RV Recreational Lot
    Deeded RV Recreational Lot

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    Iola, WI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties 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 multifamily properties 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    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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