Real Estate Investment Properties for Sale in Norwalk, IA

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

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

Blacklick Investment Property for Sale in Norwalk, IA

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Showing 134 Blacklick Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
303 Marie Avenue Norwalk, IA Welcome home to this spacious two-story in the heart of Norwalk! With room to spread out a...	4 beds \| 4 baths \| 1,678 sq.ft.	$299,500	Airbnb cash on cash: 1.61% Traditional cash on cash: 6.23% Airbnb Rental Income: $1911 Traditional Rental Income: $2706 Airbnb ROI: 1.61% Traditional ROI: 6.23%
408 Center Street Norwalk, IA Charming and well-maintained 1.5-story home offering space, updates, and a fantastic locat...	4 beds \| 2 baths \| 1,354 sq.ft.	$264,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 5.93% Airbnb Rental Income: $1911 Traditional Rental Income: $2167 Airbnb ROI: 2.87% Traditional ROI: 5.93%
436 W High Road Norwalk, IA This beautiful four-bedroom, two-story home built in 2019 offers modern comfort and though...	4 beds \| 3 baths \| 2,021 sq.ft.	$410,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 4.59% Airbnb Rental Income: $1911 Traditional Rental Income: $2871 Airbnb ROI: 0.77% Traditional ROI: 4.59%
247 Red Oak Court Norwalk, IA Natural light floods into this stylish & comfortable end-unit townhome. The heart of the h...	3 beds \| 3 baths \| 1,594 sq.ft.	$228,500	Airbnb cash on cash: -0.75% Traditional cash on cash: 7.65% Airbnb Rental Income: $1105 Traditional Rental Income: $2548 Airbnb ROI: -0.75% Traditional ROI: 7.65%
109 Aspen Drive Norwalk, IA Beautiful 4 Bedroom Single Family Home Located in a quiet family friendly neighborhood Bui...	4 beds \| 4 baths \| 2,078 sq.ft.	$335,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 6.73% Airbnb Rental Income: $1911 Traditional Rental Income: $2947 Airbnb ROI: 1.83% Traditional ROI: 6.73%
125 Aspen Drive Norwalk, IA Welcome to 125 Aspen Drive in Norwalk, where everyday living feels simple and entertaining...	4 beds \| 3 baths \| 1,526 sq.ft.	$328,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 5.45% Airbnb Rental Income: $1911 Traditional Rental Income: $2515 Airbnb ROI: 1.85% Traditional ROI: 5.45%
713 Bradford Drive Norwalk, IA The Filmore Raised Ranch plan offers over 2,131 finished SF complete with 2 living areas p...	3 beds \| 3 baths \| 1,156 sq.ft.	$325,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 3.93% Airbnb Rental Income: $1105 Traditional Rental Income: $2191 Airbnb ROI: -0.84% Traditional ROI: 3.93%
1206 E 28th Street Norwalk, IA Investment Opportunity - RENTALS ARE ALLOWED! Check out this Modern 3BR End-Unit Townhome....	3 beds \| 3 baths \| 1,646 sq.ft.	$275,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 8.1% Airbnb Rental Income: $1105 Traditional Rental Income: $2951 Airbnb ROI: -0.46% Traditional ROI: 8.1%
9080 Oakwood Drive Norwalk, IA Completely remodeled split-foyer home located in the desirable Lakewood community with pri...	3 beds \| 1 baths \| 1,680 sq.ft.	$290,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.88% Airbnb Rental Income: $1105 Traditional Rental Income: $1799 Airbnb ROI: -0.03% Traditional ROI: 3.88%
2819 Kestrel Street Norwalk, IA Discover the perfect blend of modern design and everyday comfort in this beautifully craft...	3 beds \| 3 baths \| 1,486 sq.ft.	$285,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 6.82% Airbnb Rental Income: $1105 Traditional Rental Income: $2578 Airbnb ROI: -0.05% Traditional ROI: 6.82%
1401 Timber Ridge Drive Norwalk, IA Upgrades around every corner. Truly better than new 2 story in a prime Norwalk neighborhoo...	4 beds \| 3 baths \| 2,107 sq.ft.	$510,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 2.12% Airbnb Rental Income: $1911 Traditional Rental Income: $2260 Airbnb ROI: 0.33% Traditional ROI: 2.12%
1548 Timberview Drive Norwalk, IA This move-in-ready ranch offers 3 bedrooms and 3 bathrooms with a flexible layout. The mai...	3 beds \| 3 baths \| 1,430 sq.ft.	$419,900	Airbnb cash on cash: -0.94% Traditional cash on cash: 2.6% Airbnb Rental Income: $1105 Traditional Rental Income: $2123 Airbnb ROI: -0.94% Traditional ROI: 2.6%
2726 Shady Lane Drive Norwalk, IA Welcome to this big, beautiful walk-out ranch in Norwalk! This home meets all of the eye a...	4 beds \| 3 baths \| 1,545 sq.ft.	$475,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 2% Airbnb Rental Income: $1911 Traditional Rental Income: $2183 Airbnb ROI: 0.25% Traditional ROI: 2%
1806 E 19th Court Norwalk, IA Come see this beautifully maintained two-story home in a prime Norwalk location. This home...	3 beds \| 4 baths \| 1,596 sq.ft.	$332,500	Airbnb cash on cash: -0.25% Traditional cash on cash: 5.32% Airbnb Rental Income: $1105 Traditional Rental Income: $2474 Airbnb ROI: -0.25% Traditional ROI: 5.32%
1536 High Road Norwalk, IA 3-bedroom, 2.5-bath home backing to mature trees with a fully fenced yard and 2-car garage...	3 beds \| 3 baths \| 992 sq.ft.	$319,900	Airbnb cash on cash: -0.13% Traditional cash on cash: 4.08% Airbnb Rental Income: $1105 Traditional Rental Income: $2000 Airbnb ROI: -0.13% Traditional ROI: 4.08%
4668 Wakonda Drive Norwalk, IA Great 4-bedroom, 2 bath home in Norwalk's desirable Lakewood neighborhood! The main level ...	4 beds \| 2 baths \| 938 sq.ft.	$279,900	Airbnb cash on cash: 2.52% Traditional cash on cash: 3.55% Airbnb Rental Income: $1911 Traditional Rental Income: $1676 Airbnb ROI: 2.52% Traditional ROI: 3.55%
3012 Crest View Circle Norwalk, IA Welcome to this better than new 3-bedroom walkout ranch home situated on a corner lot in a...	3 beds \| 2 baths \| 1,602 sq.ft.	$450,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 1.83% Airbnb Rental Income: $1105 Traditional Rental Income: $1891 Airbnb ROI: -0.92% Traditional ROI: 1.83%
4705 100th Avenue Norwalk, IA Enjoy the perfect blend of country living and city convenience on this 5.12-acre property ...	4 beds \| 2 baths \| 2,196 sq.ft.	$474,900	Airbnb cash on cash: 0.96% Traditional cash on cash: 1.45% Airbnb Rental Income: $1911 Traditional Rental Income: $1621 Airbnb ROI: 0.96% Traditional ROI: 1.45%
2888 Park Place Norwalk, IA Tucked away on a quiet, low-traffic dead-end street, this 4 bedroom, 3 bath home in Norwal...	4 beds \| 3 baths \| 1,443 sq.ft.	$305,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 4.19% Airbnb Rental Income: $1911 Traditional Rental Income: $2018 Airbnb ROI: 2.05% Traditional ROI: 4.19%
340 Marie Avenue Norwalk, IA Step inside this Gladiator Home, where every detail reigns supreme. This TURBO 1773 plan i...	4 beds \| 3 baths \| 1,773 sq.ft.	$329,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 5.83% Airbnb Rental Income: $1911 Traditional Rental Income: $2731 Airbnb ROI: 1.55% Traditional ROI: 5.83%
9365 Brooks Place Norwalk, IA Our stunning West plan is an impressive 2,581 finished SF. Warm laminate wood flooring wel...	3 beds \| 4 baths \| 1,906 sq.ft.	$399,900	Airbnb cash on cash: -1.59% Traditional cash on cash: 5.63% Airbnb Rental Income: $1105 Traditional Rental Income: $3439 Airbnb ROI: -1.59% Traditional ROI: 5.63%
625 W Wright Road Norwalk, IA Quality-built, spacious two-story built by John Larson Homes; featuring exceptional crafts...	3 beds \| 3 baths \| 1,593 sq.ft.	$279,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 6.69% Airbnb Rental Income: $1105 Traditional Rental Income: $2533 Airbnb ROI: -0.16% Traditional ROI: 6.69%
2227 Green Leaf Circle Norwalk, IA NEW: Completed January 16, 2026. Daylight windows, 3BR Ranch!!! 3 car garage. 2 baths. App...	3 beds \| 2 baths \| 1,836 sq.ft.	$525,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.61% Airbnb Rental Income: $1105 Traditional Rental Income: $2616 Airbnb ROI: -0.22% Traditional ROI: 3.61%
623 W Wright Road Norwalk, IA Quality-built two-story by John Larson Homes featuring exceptional craftsmanship and thoug...	3 beds \| 3 baths \| 1,593 sq.ft.	$279,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 6.65% Airbnb Rental Income: $1105 Traditional Rental Income: $2524 Airbnb ROI: -0.16% Traditional ROI: 6.65%
803 Campusside Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$224,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.31% Airbnb Rental Income: $875 Traditional Rental Income: $2155 Airbnb ROI: -1.28% Traditional ROI: 6.31%
805 Campusside Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$224,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.31% Airbnb Rental Income: $875 Traditional Rental Income: $2155 Airbnb ROI: -1.28% Traditional ROI: 6.31%
807 Campusside Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$229,900	Airbnb cash on cash: -1.31% Traditional cash on cash: 6.21% Airbnb Rental Income: $875 Traditional Rental Income: $2175 Airbnb ROI: -1.31% Traditional ROI: 6.21%
301 S Walnut Drive Norwalk, IA Experience the Logan plan by Trust Builders in Norwalk's desirable Valley View Development...	4 beds \| 3 baths \| 2,129 sq.ft.	$464,900	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.07% Airbnb Rental Income: $1911 Traditional Rental Income: $2989 Airbnb ROI: 0.43% Traditional ROI: 4.07%
2257 Green Leaf Circle Norwalk, IA This 5-bedroom, 3-bath residence boasts 2,002 sq ft on the main level with an additional 1...	5 beds \| 3 baths \| 2,002 sq.ft.	$725,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.86% Airbnb Rental Income: $955 Traditional Rental Income: $2740 Airbnb ROI: -0.3% Traditional ROI: 2.86%
213 S Walnut Drive Norwalk, IA Welcome Home to Norwalk Charm! Step into this delightful ranch home nestled in the heart o...	2 beds \| 2 baths \| 1,321 sq.ft.	$335,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 5.45% Airbnb Rental Income: $875 Traditional Rental Income: $2182 Airbnb ROI: 0.23% Traditional ROI: 5.45%
3001 Bracken Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$229,900	Airbnb cash on cash: -1.31% Traditional cash on cash: 6.22% Airbnb Rental Income: $875 Traditional Rental Income: $2178 Airbnb ROI: -1.31% Traditional ROI: 6.22%
3005 Bracken Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$224,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.37% Airbnb Rental Income: $875 Traditional Rental Income: $2169 Airbnb ROI: -1.28% Traditional ROI: 6.37%
3007 Bracken Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$224,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.37% Airbnb Rental Income: $875 Traditional Rental Income: $2169 Airbnb ROI: -1.28% Traditional ROI: 6.37%
3009 Bracken Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$224,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.37% Airbnb Rental Income: $875 Traditional Rental Income: $2169 Airbnb ROI: -1.28% Traditional ROI: 6.37%
315 Turnberry Drive Norwalk, IA Gorgeous executive home with 3920 SF of beautiful finish ready for the buyer who wants lux...	5 beds \| 4 baths \| 2,929 sq.ft.	$569,900	Airbnb cash on cash: -1.67% Traditional cash on cash: 3.3% Airbnb Rental Income: $955 Traditional Rental Income: $3249 Airbnb ROI: -1.67% Traditional ROI: 3.3%
2987 Jaden Lane Norwalk, IA This property is giving off all of the positive vibes! Bright and sunny, 4 bedrooms, all n...	4 beds \| 2 baths \| 1,196 sq.ft.	$270,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 4.67% Airbnb Rental Income: $1911 Traditional Rental Income: $1976 Airbnb ROI: 2.42% Traditional ROI: 4.67%
920 Willow Valley Drive Norwalk, IA Introducing the Hoover Plan, the perfect blend of convenience and style in Sunset Estates!...	3 beds \| 2 baths \| 1,166 sq.ft.	$326,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 3.77% Airbnb Rental Income: $1105 Traditional Rental Income: $2053 Airbnb ROI: -0.55% Traditional ROI: 3.77%
926 Willow Valley Drive Norwalk, IA Welcome to the Eisenhower C Ranch by Greenland Homes. With 1,218 square feet of meticulous...	2 beds \| 2 baths \| 1,218 sq.ft.	$337,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 3.56% Airbnb Rental Income: $875 Traditional Rental Income: $2053 Airbnb ROI: -1.21% Traditional ROI: 3.56%
730 Kitterman Circle Norwalk, IA A beautiful townhome in Norwalk - completely updated - is ready for you to move right in! ...	2 beds \| 2 baths \| 910 sq.ft.	$250,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 4.38% Airbnb Rental Income: $875 Traditional Rental Income: $1699 Airbnb ROI: -0.53% Traditional ROI: 4.38%
325 S Walnut Drive Norwalk, IA Happe Homes presents the Callista plan in the new Valley View Community in Norwalk! This s...	4 beds \| 3 baths \| 1,620 sq.ft.	$510,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 2.37% Airbnb Rental Income: $1911 Traditional Rental Income: $2440 Airbnb ROI: 0.19% Traditional ROI: 2.37%

Your search for investment property begins and ends here

Blacklick Investment Property for Sale in Norwalk, IA

303 Marie Avenue

Norwalk, IA

4 beds | 4 baths | 1,678 sq.ft.

$299,500

Airbnb cash on cash: 1.61%

Traditional cash on cash: 6.23%

Airbnb Rental Income: $1911

Traditional Rental Income: $2706

Airbnb ROI: 1.61%

Traditional ROI: 6.23%

408 Center Street

Norwalk, IA

4 beds | 2 baths | 1,354 sq.ft.

$264,000

Airbnb cash on cash: 2.87%

Traditional cash on cash: 5.93%

Airbnb Rental Income: $1911

Traditional Rental Income: $2167

Airbnb ROI: 2.87%

Traditional ROI: 5.93%

436 W High Road

Norwalk, IA

4 beds | 3 baths | 2,021 sq.ft.

$410,000

Airbnb cash on cash: 0.77%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $1911

Traditional Rental Income: $2871

Airbnb ROI: 0.77%

Traditional ROI: 4.59%

247 Red Oak Court

Norwalk, IA

3 beds | 3 baths | 1,594 sq.ft.

$228,500

Airbnb cash on cash: -0.75%

Traditional cash on cash: 7.65%

Airbnb Rental Income: $1105

Traditional Rental Income: $2548

Airbnb ROI: -0.75%

Traditional ROI: 7.65%

109 Aspen Drive

Norwalk, IA

4 beds | 4 baths | 2,078 sq.ft.

$335,000

Airbnb cash on cash: 1.83%

Traditional cash on cash: 6.73%

Airbnb Rental Income: $1911

Traditional Rental Income: $2947

Airbnb ROI: 1.83%

Traditional ROI: 6.73%

125 Aspen Drive

Norwalk, IA

4 beds | 3 baths | 1,526 sq.ft.

$328,000

Airbnb cash on cash: 1.85%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $1911

Traditional Rental Income: $2515

Airbnb ROI: 1.85%

Traditional ROI: 5.45%

713 Bradford Drive

Norwalk, IA

3 beds | 3 baths | 1,156 sq.ft.

$325,000

Airbnb cash on cash: -0.84%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $1105

Traditional Rental Income: $2191

Airbnb ROI: -0.84%

Traditional ROI: 3.93%

1206 E 28th Street

Norwalk, IA

3 beds | 3 baths | 1,646 sq.ft.

$275,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 8.1%

Airbnb Rental Income: $1105

Traditional Rental Income: $2951

Airbnb ROI: -0.46%