Real Estate Investment Properties for Sale in Adair, IA

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

Explore a variety of short-term homes & houses in Adair, IA. Invest wisely with VRBO & Adair, 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 Adair, IA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1620 Mitchell Place Adair, IA WALKOUT LOWER LEVEL - IMMEDIATE POSSESSION. Brand new zero lots in the growing Madden Addi...	3 beds \| 2 baths \| 1,023 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $1920 Airbnb ROI: N/A Traditional ROI: 4.66%
4118 Omaha Avenue Adair, IA Welcome to 4118 Omaha Ave, Waterloo, IA! Nestled in the desirable Prairie Meadow Estates ...	3 beds \| 3 baths \| 2,028 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.46% Airbnb Rental Income: $null Traditional Rental Income: $3227 Airbnb ROI: N/A Traditional ROI: 9.46%
2347 N 10th Avenue E Adair, IA Welcome to this brand-new, 2-bedroom, 2-bathroom attached home located in a highly desirab...	3 beds \| 3 baths \| 1,550 sq.ft.	$407,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $2385 Airbnb ROI: N/A Traditional ROI: 4.67%
2345 N 10th Avenue E Adair, IA Welcome to this brand-new, 2-bedroom, 2-bathroom attached home located in a highly desirab...	3 beds \| 3 baths \| 1,528 sq.ft.	$421,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $2385 Airbnb ROI: N/A Traditional ROI: 4.48%
2367 N 10th Avenue E Adair, IA This well-designed 3-bedroom, 3-bathroom twin home offers convenient main floor living wit...	3 beds \| 3 baths \| 1,528 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $2362 Airbnb ROI: N/A Traditional ROI: 4.19%
2352 River Road Adair, IA New Palisades Townhomes!! Featuring nearly 2,100 sq ft of finished living space. Currently...	3 beds \| 3 baths \| 2,548 sq.ft.	$397,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.02% Airbnb Rental Income: $null Traditional Rental Income: $2354 Airbnb ROI: N/A Traditional ROI: 4.02%
2354 River Road Adair, IA New Luxury Palisades Townhomes!! Featuring nearly 2,100 sq ft of finished living space. Cu...	3 beds \| 3 baths \| 2,548 sq.ft.	$409,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.58% Airbnb Rental Income: $null Traditional Rental Income: $3386 Airbnb ROI: N/A Traditional ROI: 6.58%
2356 River Road Adair, IA New Palisades luxury Townhomes!! Featuring nearly 2,100 sq ft of finished living space. Cu...	3 beds \| 3 baths \| 2,087 sq.ft.	$409,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.11% Airbnb Rental Income: $null Traditional Rental Income: $3203 Airbnb ROI: N/A Traditional ROI: 6.11%
2360 River Road Adair, IA New Luxury Palisades Townhomes!! Featuring nearly 2,100 sq ft of finished living space. Cu...	3 beds \| 3 baths \| 2,087 sq.ft.	$409,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.57% Airbnb Rental Income: $null Traditional Rental Income: $2998 Airbnb ROI: N/A Traditional ROI: 5.57%
2362 River Road Adair, IA New Luxury Palisades Townhomes!! Featuring nearly 2,100 sq ft of finished living space. Cu...	3 beds \| 3 baths \| 2,087 sq.ft.	$409,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.57% Airbnb Rental Income: $null Traditional Rental Income: $2998 Airbnb ROI: N/A Traditional ROI: 5.57%
2364 River Road Adair, IA New Luxury Palisades Townhomes!! Featuring nearly 2,100 sq ft of finished living space. Cu...	3 beds \| 3 baths \| 2,087 sq.ft.	$409,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.57% Airbnb Rental Income: $null Traditional Rental Income: $2998 Airbnb ROI: N/A Traditional ROI: 5.57%
904 Guthrie St Adair, IA This Adair home checks off a lot of boxes! Huge yard, walk out basement, 3 bedrooms, open ...	3 beds \| 1 baths \| 1,188 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $878 Airbnb ROI: N/A Traditional ROI: 2.44%
504 11th Street Adair, IA Welcome to 504 11th St, Adair, IA, a beautifully maintained 4-bedroom, 3-bathroom home bui...	4 beds \| 3 baths \| 1,580 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.41% Airbnb Rental Income: $null Traditional Rental Income: $2578 Airbnb ROI: N/A Traditional ROI: 4.41%
19363 20th Avenue Adair, IA Only 25 minutes from Jordan Creek, discover 10 acres of countryside tranquility just off I...	3 beds \| 2 baths \| 1,500 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.53% Airbnb Rental Income: $null Traditional Rental Income: $2310 Airbnb ROI: N/A Traditional ROI: 2.53%
2832 Autumn Woods Drive Adair, IA Welcome to this stunning new construction home by Skogman Homes. This Garnett floor plan i...	4 beds \| 3 baths \| 2,582 sq.ft.	$535,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $3050 Airbnb ROI: N/A Traditional ROI: 4.6%
1255 - 1257 Locust Adair, IA A rare investment and multi-unit housing redevelopment opportunity in the heart of downtow...	N/A beds \| N/A baths \| 6,220 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $1599 Airbnb ROI: N/A Traditional ROI: 4.85%
203 W Franklin Adair, IA Welcome to this beautifully maintained 3-bedroom, 1.5-bath ranch-style home on 2.69 acres ...	3 beds \| 2 baths \| 1,515 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $2282 Airbnb ROI: N/A Traditional ROI: 4.32%
1332 Deercreek Adair, IA A BRAND NEW ROOF & IMPROVED PRICE!! This beautiful home has had some wonderful updates in...	3 beds \| 2 baths \| 1,942 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $2861 Airbnb ROI: N/A Traditional ROI: 5.51%
913 Sunrise Drive Adair, IA Experience small-town charm with big-town convenience in Gowrie, Iowa! This brand-new $259...	2 beds \| 1 baths \| 1,199 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $1683 Airbnb ROI: N/A Traditional ROI: 4.95%
914 Sunrise Drive Adair, IA Experience the best of small-town living with big-town conveniences in Gowrie, Iowa! This ...	3 beds \| 1 baths \| 1,202 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.32% Airbnb Rental Income: $null Traditional Rental Income: $1782 Airbnb ROI: N/A Traditional ROI: 6.32%
1011 Park St Adair, IA Take a look at this 2 story beauty! Featuring 4 large bedrooms and 4 baths there's plenty ...	4 beds \| 2 baths \| 2,279 sq.ft.	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.78% Airbnb Rental Income: $null Traditional Rental Income: $2625 Airbnb ROI: N/A Traditional ROI: 11.78%
3300 Sunner Avenue Bldg B Adair, IA An Investment Opportunity with Steady Income! Hawthorn Townhome Building B. Built in 2016....	N/A beds \| N/A baths \| N/A	$1,499,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.78% Airbnb Rental Income: $null Traditional Rental Income: $1872 Airbnb ROI: N/A Traditional ROI: -0.78%
1208 Kelvin Road Adair, IA Lake Access to Storm Lake private cul de sac enjoy amazing views from every window. The ma...	3 beds \| 2 baths \| 2,325 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $2667 Airbnb ROI: N/A Traditional ROI: 4.9%
536 River Bend Ct Adair, IA Brand new townhouse just getting started. You will love the simple lifestyle in this 2 bed...	2 beds \| 2 baths \| 1,328 sq.ft.	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.51% Airbnb Rental Income: $null Traditional Rental Income: $2143 Airbnb ROI: N/A Traditional ROI: 4.51%
145 Boulder Adair, IA New construction that is not finished yet. Watch as your home is built. Fully finished w...	5 beds \| 3 baths \| 1,734 sq.ft.	$615,000	Airbnb cash on cash: 6.47% Traditional cash on cash: 2.37% Airbnb Rental Income: $6039 Traditional Rental Income: $2491 Airbnb ROI: 6.47% Traditional ROI: 2.37%
204 Stonebrook Ct Adair, IA A rare opportunity at Stonebrook! This spacious 3 bed / 3 bath, 3,100 sq ft unit is the on...	3 beds \| 3 baths \| 3,176 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $3260 Airbnb ROI: N/A Traditional ROI: 3.92%
724 Oak Ridge Park Adair, IA Sip coffee on the covered front porch, surrounded by nature. This ranch townhome blends pe...	2 beds \| 3 baths \| 2,436 sq.ft.	$369,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.58% Airbnb Rental Income: $null Traditional Rental Income: $2851 Airbnb ROI: N/A Traditional ROI: 6.58%
Lot 23b CAYUSE Adair, IA New ranch homes sitting on a 1/2 acre lot. Features include 4 bedrooms, 2 baths, and a 2 ...	4 beds \| 2 baths \| 1,488 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.82% Airbnb Rental Income: $null Traditional Rental Income: $2521 Airbnb ROI: N/A Traditional ROI: 5.82%
2024 U. S. Hwy. 275 Adair, IA Craftsman-style home at edge of town on over half an acre. Wonderful sized yard with cyclo...	4 beds \| 1 baths \| 2,700 sq.ft.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.25% Airbnb Rental Income: $null Traditional Rental Income: $2142 Airbnb ROI: N/A Traditional ROI: 10.25%
204 Augusta National Blvd Adair, IA Rumor going around that the walls are not setting on the concrete footing, NOT TRUE!! The ...	2 beds \| 2 baths \| 1,400 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $2248 Airbnb ROI: N/A Traditional ROI: 6.59%
1302 HWY 71 N 32 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	3 beds \| 1 baths \| 1,670 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.28% Airbnb Rental Income: $null Traditional Rental Income: $1904 Airbnb ROI: N/A Traditional ROI: 2.28%
1302 HWY 71 N 33 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	3 beds \| 1 baths \| 1,670 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.28% Airbnb Rental Income: $null Traditional Rental Income: $1904 Airbnb ROI: N/A Traditional ROI: 2.28%
1302 HWY 71 N 34 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	3 beds \| 1 baths \| 1,670 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.28% Airbnb Rental Income: $null Traditional Rental Income: $1904 Airbnb ROI: N/A Traditional ROI: 2.28%
1302 HWY 71 N 35 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	3 beds \| 1 baths \| 1,670 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.28% Airbnb Rental Income: $null Traditional Rental Income: $1904 Airbnb ROI: N/A Traditional ROI: 2.28%
1302 HWY 71 N 36 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	4 beds \| 4 baths \| 3,100 sq.ft.	$895,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $3676 Airbnb ROI: N/A Traditional ROI: 2.81%
1302 HWY 71 N 37 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	4 beds \| 4 baths \| 3,100 sq.ft.	$749,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.55% Airbnb Rental Income: $null Traditional Rental Income: $3676 Airbnb ROI: N/A Traditional ROI: 3.55%
1302 HWY 71 N 38 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	4 beds \| 4 baths \| 3,100 sq.ft.	$895,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $3676 Airbnb ROI: N/A Traditional ROI: 2.81%
1302 HWY 71 N 39 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	4 beds \| 4 baths \| 3,100 sq.ft.	$895,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $3676 Airbnb ROI: N/A Traditional ROI: 2.81%
1302 HWY 71 N 40 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	4 beds \| 4 baths \| 3,100 sq.ft.	$895,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $3676 Airbnb ROI: N/A Traditional ROI: 2.81%
1302 HWY 71 N 41 Adair, IA LAKE ACCESS!! 71 Shores is thrilled to unveil Phase 2ânow featuring spacious 3- and 4-be...	4 beds \| 4 baths \| 3,100 sq.ft.	$895,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $3676 Airbnb ROI: N/A Traditional ROI: 2.81%

Real Estate investment in Adair, IA

There are 99 properties for sale in the city of Adair . The median list price in Adair is $399,900 and the average price per square foot is $196. In September 2025, the average monthly cash on cash return in Adair is 5.00%. The average monthly rental income in Adair is $2,385.

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

There are 99 investment properties available for sale in Adair.

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

The ROI for Short-Term is higher than the Long-Term in Adair with average rental income of $6,039.

Your search for investment property begins and ends here

Investment Property for Sale in Adair, IA

1620 Mitchell Place

Adair, IA

3 beds | 2 baths | 1,023 sq.ft.

$314,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.66%

Airbnb Rental Income: $null

Traditional Rental Income: $1920

Airbnb ROI: N/A

Traditional ROI: 4.66%

4118 Omaha Avenue

Adair, IA

3 beds | 3 baths | 2,028 sq.ft.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.46%

Airbnb Rental Income: $null

Traditional Rental Income: $3227

Airbnb ROI: N/A

Traditional ROI: 9.46%

2347 N 10th Avenue E

Adair, IA

3 beds | 3 baths | 1,550 sq.ft.

$407,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.67%

Airbnb Rental Income: $null

Traditional Rental Income: $2385

Airbnb ROI: N/A

Traditional ROI: 4.67%

2345 N 10th Avenue E

Adair, IA

3 beds | 3 baths | 1,528 sq.ft.

$421,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.48%

Airbnb Rental Income: $null

Traditional Rental Income: $2385

Airbnb ROI: N/A

Traditional ROI: 4.48%

2367 N 10th Avenue E

Adair, IA

3 beds | 3 baths | 1,528 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2362

Airbnb ROI: N/A

Traditional ROI: 4.19%

2352 River Road

Adair, IA

3 beds | 3 baths | 2,548 sq.ft.

$397,500

Airbnb cash on cash: N/A

Traditional cash on cash: 4.02%

Airbnb Rental Income: $null

Traditional Rental Income: $2354

Airbnb ROI: N/A

Traditional ROI: 4.02%

2354 River Road

Adair, IA

3 beds | 3 baths | 2,548 sq.ft.

$409,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.58%

Airbnb Rental Income: $null

Traditional Rental Income: $3386

Airbnb ROI: N/A

Traditional ROI: 6.58%

2356 River Road

Adair, IA

3 beds | 3 baths | 2,087 sq.ft.

$409,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.11%

Airbnb Rental Income: $null

Traditional Rental Income: $3203

Airbnb ROI: N/A