- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around





Street View
$995,000
Monthly Est:$4,952
-- Bed
- -- Bath
--sqft
165 S Chet Krause Dr Dr #185, Iola, WI 54945
$995,000
$4,952/moEst:
Get Pre-Approved
Multi Family
Built in 1965
$-- HOA
-- sqft lot
--/sqft
Description
Investment Opportunity! Discover this unique 12-unit apartment complex located in the Village of Iola! Spanning an entire block, this property consists of two combined buildings with over 39,000 square feet and offers ample space with potential to add additional units or repurpose the other square footage. The complex features off-street parking for tenants, on-site laundry, and inviting common gathering areas, perfect for socializing, card nights, or game day Sundays. Unit layouts include a mix of 2-bedroom/1-bath and 1-bedroom/1-bath apartments. The property boasts a strong rental history, and all units are currently occupied. The other building has potential to be repurposed or could be other potential uses. It was formerly used as a medical facility. The construction materials would be difficult to duplicate for the price this one is being offered at. Lower level features additional storage areas and utility rooms. There is a ton of potential with all the square footage this property has to offer, plus the cash flow from the 12 units that is currently in place makes this a
- Houzeo last checked: 12 hours ago
- Listing updated: September 4, 2026 at 3:15 pm
- Listing Provided by: TEAM KITOWSKI (715) 598-6367 | KPR BROKERS, LLC (800) 746-9464
- Source: WIREX | MLS#: 22600132

- Originating MLS: Central Wisconsin Board of Realtors
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1965
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
WIREX
MLS Number
22600132

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Price History
| Date | Event | Price |
|---|---|---|
01/14/2026 Source: | Listed for Sale | $995,000 $0/sqft |
Find Homes by Property Features in Iola, WI
Based on information received from WIRES/RANW MLS through Oct 09, 2026, 02:30PM. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Houzeo nor RANW MLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. ©2026 RANW MLS, Inc. All rights reserved.
Advertising Broker: Leslie Boyea | Quorum Enterprises Inc