Real Estate Investment Properties for Sale in Centerville, IA

Looking for investment property in Centerville, IA with high ROI ?

Explore a variety of short-term homes & houses in Centerville, IA. Invest wisely with VRBO & Centerville, IA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Centerville, IA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2028 Golfview Circle Centerville, IA SECLUDED PEACEFUL LIVING WITH MATURE TREES surrounding your fenced in back yard. This beau...	4 beds \| 3 baths \| 1,824 sq.ft.	$292,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.89% Airbnb Rental Income: $null Traditional Rental Income: $3264 Airbnb ROI: N/A Traditional ROI: 8.89%
111 W Maple Street Centerville, IA Beautiful Victorian back on the market due to no fault of the home. This stunning masterpi...	3 beds \| 4 baths \| 3,119 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.61% Airbnb Rental Income: $null Traditional Rental Income: $3292 Airbnb ROI: N/A Traditional ROI: 8.61%
1701 N 14Th Street Centerville, IA PRICE REDUCED!! Are you dreaming of country living while still being close to town? This s...	4 beds \| 4 baths \| 4,176 sq.ft.	$559,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.41% Airbnb Rental Income: $null Traditional Rental Income: $3942 Airbnb ROI: N/A Traditional ROI: 5.41%
427 E State Street Centerville, IA Welcome to a prime investment opportunity! This well-maintained fourplex is hitting the ma...	N/A beds \| N/A baths \| 2,534 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.51% Airbnb Rental Income: $null Traditional Rental Income: $1832 Airbnb ROI: N/A Traditional ROI: 8.51%
22716 458th Street Centerville, IA Step into this inviting 1-story 3-bedroom, 2.5-bath berm home nestled on over 3 acres of p...	3 beds \| 3 baths \| 2,427 sq.ft.	$387,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.2% Airbnb Rental Income: $null Traditional Rental Income: $3017 Airbnb ROI: N/A Traditional ROI: 6.2%
707 S 19Th Street Centerville, IA Welcome to this charming 2-bedroom, 1-bathroom home, where comfort and convenience come to...	2 beds \| 1 baths \| 1,124 sq.ft.	$140,000	Airbnb cash on cash: 5.46% Traditional cash on cash: 8.88% Airbnb Rental Income: $1696 Traditional Rental Income: $1683 Airbnb ROI: 5.46% Traditional ROI: 8.88%
511 W Maple Street Centerville, IA This beautifully restored craftsman house offers a blend of historic charm and modern conv...	4 beds \| 2 baths \| 2,124 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.5% Airbnb Rental Income: $null Traditional Rental Income: $2700 Airbnb ROI: N/A Traditional ROI: 9.5%
929 Woodland Drive Centerville, IA Reduced and What an Excellent Buy! Welcome to your dream home! This beautifully upgraded 4...	4 beds \| 2 baths \| 1,436 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $2331 Airbnb ROI: N/A Traditional ROI: 5.42%
1626 S Main Street Centerville, IA Charming 3 Bedroom Home with Walk-Out Basement! Welcome to easy living! This inviting 3-be...	3 beds \| 2 baths \| 1,232 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.27% Airbnb Rental Income: $null Traditional Rental Income: $2143 Airbnb ROI: N/A Traditional ROI: 9.27%
403 E Maple Centerville, IA Price Improvement! Charming Home in Prime Centerville Location! Discover this delightful 3...	3 beds \| 2 baths \| 1,349 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.29% Airbnb Rental Income: $null Traditional Rental Income: $2185 Airbnb ROI: N/A Traditional ROI: 8.29%
1409 E Grant Street Centerville, IA Discover this cozy 4-bedroom, 2-bath split-level home in a peaceful, well-established neig...	4 beds \| 2 baths \| 960 sq.ft.	$182,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.5% Airbnb Rental Income: $null Traditional Rental Income: $2196 Airbnb ROI: N/A Traditional ROI: 9.5%
13232 524th Street Centerville, IA Featuring 3 bedrooms and 2 bathrooms this rural home sitting on 2.7 acres +/- is ready for...	3 beds \| 2 baths \| 1,296 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.7% Airbnb Rental Income: $null Traditional Rental Income: $2140 Airbnb ROI: N/A Traditional ROI: 8.7%
208 S 5th Street Centerville, IA Investment Opportunity: Fully Occupied 4-Plex Apartment in Good Condition! This turn-key, ...	N/A beds \| N/A baths \| 3,092 sq.ft.	$164,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.87% Airbnb Rental Income: $null Traditional Rental Income: $1861 Airbnb ROI: N/A Traditional ROI: 8.87%
2000 Quail Ridge Centerville, IA This home is currently listed as a "Delayed Showing." Under no circumstance will any showi...	4 beds \| 3 baths \| 1,604 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.24% Airbnb Rental Income: $null Traditional Rental Income: $2610 Airbnb ROI: N/A Traditional ROI: 8.24%
536 N 17Th Street Centerville, IA Motivated sellers have continued to complete many upgraded renovations on this cozy post-b...	3 beds \| 2 baths \| 1,246 sq.ft.	$164,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.78% Airbnb Rental Income: $null Traditional Rental Income: $2039 Airbnb ROI: N/A Traditional ROI: 9.78%
21468 240th Avenue Centerville, IA Just minutes from town, this stunning country brick home offers 12.7 acres M/L of beautifu...	4 beds \| 2 baths \| 2,252 sq.ft.	$348,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.47% Airbnb Rental Income: $null Traditional Rental Income: $2689 Airbnb ROI: N/A Traditional ROI: 6.47%
2003 Drake Avenue Centerville, IA Brand new home! You will love this beautiful new home built by Indian Hills! This home fea...	3 beds \| 2 baths \| 1,897 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.27% Airbnb Rental Income: $null Traditional Rental Income: $2637 Airbnb ROI: N/A Traditional ROI: 7.27%
17329 Highway 2 Centerville, IA This beautifully updated 4-bedroom, 2-bath home sits on over 1 acre of land, offering priv...	4 beds \| 2 baths \| 1,120 sq.ft.	$224,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.76% Airbnb Rental Income: $null Traditional Rental Income: $1922 Airbnb ROI: N/A Traditional ROI: 6.76%
810 S Park Avenue Centerville, IA Welcome to this inviting 3-bedroom, 2-bathroom ranch-style home that combines comfort, fun...	3 beds \| 2 baths \| 1,660 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.99% Airbnb Rental Income: $null Traditional Rental Income: $2324 Airbnb ROI: N/A Traditional ROI: 5.99%
917 E Cross Street Centerville, IA Welcome to your newly remodeled dream home! This spacious 3-bedroom, 2-full-bath residence...	3 beds \| 2 baths \| 1,120 sq.ft.	$244,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.68% Airbnb Rental Income: $null Traditional Rental Income: $2045 Airbnb ROI: N/A Traditional ROI: 6.68%
335 E Madison Street Centerville, IA This beautifully updated 3-bedroom, 1-bath ranch home offers the perfect combination of mo...	2 beds \| 1 baths \| 1,144 sq.ft.	$125,500	Airbnb cash on cash: 6.6% Traditional cash on cash: 10.89% Airbnb Rental Income: $1696 Traditional Rental Income: $1743 Airbnb ROI: 6.6% Traditional ROI: 10.89%

Real Estate investment in Centerville, IA

There are 21 properties for sale in the city of Centerville . The median list price in Centerville is $152,250 and the average price per square foot is $96. In January 2025, the average monthly cash on cash return in Centerville is 10.00%. The average monthly rental income in Centerville is $2,039.

Centerville, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 21 investment properties available for sale in Centerville.

In 2025, the best neighborhood to buy investment property is Centerville.

The ROI for Short-Term is higher than the Long-Term in Centerville with average rental income of $1,696.

Your search for investment property begins and ends here

Investment Property for Sale in Centerville, IA

2028 Golfview Circle

Centerville, IA

4 beds | 3 baths | 1,824 sq.ft.

$292,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.89%

Airbnb Rental Income: $null

Traditional Rental Income: $3264

Airbnb ROI: N/A

Traditional ROI: 8.89%

111 W Maple Street

Centerville, IA

3 beds | 4 baths | 3,119 sq.ft.

$295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.61%

Airbnb Rental Income: $null

Traditional Rental Income: $3292

Airbnb ROI: N/A

Traditional ROI: 8.61%

1701 N 14Th Street

Centerville, IA

4 beds | 4 baths | 4,176 sq.ft.

$559,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.41%

Airbnb Rental Income: $null

Traditional Rental Income: $3942

Airbnb ROI: N/A

Traditional ROI: 5.41%

427 E State Street

Centerville, IA

N/A beds | N/A baths | 2,534 sq.ft.

$175,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.51%

Airbnb Rental Income: $null

Traditional Rental Income: $1832

Airbnb ROI: N/A

Traditional ROI: 8.51%

22716 458th Street

Centerville, IA

3 beds | 3 baths | 2,427 sq.ft.

$387,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.2%

Airbnb Rental Income: $null

Traditional Rental Income: $3017

Airbnb ROI: N/A

Traditional ROI: 6.2%

707 S 19Th Street

Centerville, IA

2 beds | 1 baths | 1,124 sq.ft.

$140,000

Airbnb cash on cash: 5.46%

Traditional cash on cash: 8.88%

Airbnb Rental Income: $1696

Traditional Rental Income: $1683

Airbnb ROI: 5.46%

Traditional ROI: 8.88%

511 W Maple Street

Centerville, IA

4 beds | 2 baths | 2,124 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.5%

Airbnb Rental Income: $null

Traditional Rental Income: $2700

Airbnb ROI: N/A

Traditional ROI: 9.5%

929 Woodland Drive

Centerville, IA

4 beds | 2 baths | 1,436 sq.ft.

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2331

Airbnb ROI: N/A