Residential Income

Iola, WI Residential Income Properties for Sale

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Scandinavia, WI Amherst Junction, WI Amherst, WI Nelsonville, WI Waupaca, WI Rosholt, WI Manawa, WI Farmington, WI
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.

Updated Upper-Lower Duplex
Updated Upper-Lower Duplex

406 N BRIDGE Street, Manawa, WI 54949

$189,900
1,864 sqft 0.50 AC lot

Tenant-occupied two-unit property with separate utilities, detached garages, and recent mechanical and electrical improvements.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

304 E 4TH Street, Manawa, WI 54949

$149,900
1,808 sqft 0.30 AC lot

Residential-zoned duplex with recent unit updates and major mechanical improvements.

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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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Corner Storefront with Residential Unit
Corner Storefront with Residential Unit

102 Water Street, Waupaca, WI 54981

$235,000

Two-level corner property with a vacant main floor and a separately entered 2-bed, 1-bath apartment.

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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.

Residential Lot Overlooking Golf Course
Residential Lot Overlooking Golf Course

1456 FOXFIRE Court, Waupaca, WI 54981

$40,000
0.42 AC lot

0.42-acre residential lot near Waupaca's amenities and recreation.

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Waupaca Land with Pond
Waupaca Land with Pond

HIGH POINT Ridge, Waupaca, WI 54981

$64,900
5.65 AC lot

5.65 acres near Englewood Estate neighborhood with pond.

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Wooded Buildable Residential Lot
Wooded Buildable Residential Lot

N2837 ONA PINES Road, Weyauwega, WI 54883

$51,700
1.43 AC lot

A wooded, buildable lot in a peaceful setting near the Wolf River, ideal for creating a private home site.

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Wooded Buildable Lot in Residential Area
Wooded Buildable Lot in Residential Area

N2833 ONA PINES Road, Weyauwega, WI 54883

$51,700
1.49 AC lot

A serene, wooded homesite near the Wolf River, ideal for buyers seeking privacy in a residential setting.

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Iola, WI Residential Income Properties Market Trends and Statistics

Explore 1 residential income 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 residential income 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
Multifamily properties 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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