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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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    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Iola, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    114 Main St, Weyauwega, WI 54983

    $145,000
    4,584 sqft

    The property combines two commercial spaces with two updated one-bedroom apartments.

    View details
    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.

    View details
    Mixed-Use Property with Storefronts
    Mixed-Use Property with Storefronts

    114 MAIN Street, Weyauwega, WI 54983

    $145,000
    0.12 AC lot

    Two updated one-bedroom apartments occupy the upper level above flexible commercial space.

    View details
    Renovated 24-Unit Apartment Building
    Renovated 24-Unit Apartment Building

    415 W Fulton Street, Waupaca, WI 54981

    $3,120,000

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

    View details

    Iola, WI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Iola, WI on our real estate platform.

    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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