Real Estate Investment Properties for Sale in Altoona, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1006 6th Street NW Altoona, IA A GREAT OPPORTUNITY FOR THE RIGHT BUYER - whether that's an investor or someone ready to r...	3 beds \| 2 baths \| 880 sq.ft.	$180,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 7.35% Airbnb Rental Income: $839 Traditional Rental Income: $1841 Airbnb ROI: -0.42% Traditional ROI: 7.35%
2624 4th Avenue SW Altoona, IA Welcome home to this beautiful 4-bedroom, 3-bath ranch perfectly positioned on a spacious ...	4 beds \| 3 baths \| 1,528 sq.ft.	$375,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 4.22% Airbnb Rental Income: $1360 Traditional Rental Income: $2533 Airbnb ROI: -0.29% Traditional ROI: 4.22%
1738 Everwood Court SW Altoona, IA This Tuscan-style home is on a quiet cul-de-sac just minutes from both Hwy 65 and I80 in A...	4 beds \| 4 baths \| 2,284 sq.ft.	$440,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 3.68% Airbnb Rental Income: $1360 Traditional Rental Income: $2931 Airbnb ROI: -1.15% Traditional ROI: 3.68%
2845 Orinoco Court SW Altoona, IA Very nice ranch townhome in Meadow Vista. Open floor plan with a spacious living room with...	3 beds \| 3 baths \| 1,027 sq.ft.	$234,900	Airbnb cash on cash: -1.23% Traditional cash on cash: 5.34% Airbnb Rental Income: $839 Traditional Rental Income: $1970 Airbnb ROI: -1.23% Traditional ROI: 5.34%
1106 7th Street NW Altoona, IA Super cute home with fantastic curb appeal and a nice, wide-open, clean driveway! This wel...	3 beds \| 2 baths \| 880 sq.ft.	$259,990	Airbnb cash on cash: -0.87% Traditional cash on cash: 4.5% Airbnb Rental Income: $839 Traditional Rental Income: $1827 Airbnb ROI: -0.87% Traditional ROI: 4.5%
100 4th Avenue SE Altoona, IA Don't miss this incredible opportunity to own this 1.5-story home in Altoona featuring a M...	2 beds \| 3 baths \| 1,247 sq.ft.	$235,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 6.2% Airbnb Rental Income: $932 Traditional Rental Income: $2041 Airbnb ROI: -0.34% Traditional ROI: 6.2%
2405 3rd Avenue SE Altoona, IA **Welcome to this beautiful resale townhome in Laird Estates with 3 bedroom, 3 bath and cl...	3 beds \| 3 baths \| 1,378 sq.ft.	$345,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 4.1% Airbnb Rental Income: $839 Traditional Rental Income: $2422 Airbnb ROI: -1.8% Traditional ROI: 4.1%
2708 16th Street SW Altoona, IA Great Altoona location within the highly desirable Southeast Polk school district. Conveni...	4 beds \| 3 baths \| 1,418 sq.ft.	$364,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 4.11% Airbnb Rental Income: $1360 Traditional Rental Income: $2353 Airbnb ROI: -0.02% Traditional ROI: 4.11%
708 11th Avenue NW Altoona, IA Welcome home to this inviting 3-bedroom, 1.5-bath split-level in Altoona! The main level f...	3 beds \| 2 baths \| 1,165 sq.ft.	$240,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 5.88% Airbnb Rental Income: $839 Traditional Rental Income: $1989 Airbnb ROI: -0.64% Traditional ROI: 5.88%
1620 Pinewood Court SW Altoona, IA Welcome to 1620 Pinewood Court SW-nestled on a quiet cul-de-sac in Altoona and full of war...	4 beds \| 4 baths \| 2,344 sq.ft.	$465,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 3.69% Airbnb Rental Income: $1360 Traditional Rental Income: $2896 Airbnb ROI: -0.8% Traditional ROI: 3.69%
811 17th Street SE Altoona, IA Better than new!!! This amazing Altoona ranch is a must see! Where else can you find over ...	4 beds \| 3 baths \| 1,249 sq.ft.	$330,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 4.88% Airbnb Rental Income: $1360 Traditional Rental Income: $2373 Airbnb ROI: 0.27% Traditional ROI: 4.88%
2357 Stonewood Court SW Altoona, IA Immaculate Tyler-built home nestled in the heart of Altoona, offering exceptional craftsma...	3 beds \| 4 baths \| 1,839 sq.ft.	$589,000	Airbnb cash on cash: -1.68% Traditional cash on cash: 2.35% Airbnb Rental Income: $839 Traditional Rental Income: $2723 Airbnb ROI: -1.68% Traditional ROI: 2.35%
1132 15th Avenue SE Altoona, IA Beautiful ranch villa in pristine, move-in ready condition located in the sought-after Tus...	4 beds \| 3 baths \| 1,577 sq.ft.	$330,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 4.39% Airbnb Rental Income: $1360 Traditional Rental Income: $2440 Airbnb ROI: -0.44% Traditional ROI: 4.39%
2713 8th Avenue SW Altoona, IA Well kept and better than new home in SE Altoona! This home is immaculate and has been gre...	4 beds \| 3 baths \| 1,473 sq.ft.	$449,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.33% Airbnb Rental Income: $1360 Traditional Rental Income: $2469 Airbnb ROI: -0.28% Traditional ROI: 3.33%
2634 3rd Avenue SW Altoona, IA Step into 1,759 square feet of thoughtfully designed living space in this stunning two-sto...	5 beds \| 4 baths \| 1,759 sq.ft.	$395,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 5.25% Airbnb Rental Income: $1232 Traditional Rental Income: $2949 Airbnb ROI: -0.45% Traditional ROI: 5.25%
2833 Orinoco Court SW Altoona, IA Discover the perfect blend of comfort and efficiency! This stunning two-story townhome fea...	3 beds \| 3 baths \| 1,148 sq.ft.	$205,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 6.3% Airbnb Rental Income: $839 Traditional Rental Income: $2029 Airbnb ROI: -1.51% Traditional ROI: 6.3%
907 7th Avenue SE #16 Altoona, IA Welcome to Home Sweet Home in Altoona! This beautifully maintained 2-bedroom, 2-bathroom h...	2 beds \| 2 baths \| 1,014 sq.ft.	$146,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 8.96% Airbnb Rental Income: $932 Traditional Rental Income: $1869 Airbnb ROI: -0.21% Traditional ROI: 8.96%
3217 Lakeview Drive SE Altoona, IA Wow!! Better than new with this two story, one owner home in the heart of Spring Creek. Th...	3 beds \| 3 baths \| 1,788 sq.ft.	$435,000	Airbnb cash on cash: -1.42% Traditional cash on cash: 3.82% Airbnb Rental Income: $839 Traditional Rental Income: $2645 Airbnb ROI: -1.42% Traditional ROI: 3.82%
603 1st Street E Altoona, IA Altoona acreage alert! Rare 2.7-acre in-town retreat with mature trees and direct walking/...	3 beds \| N/A baths \| 1,603 sq.ft.	$475,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 1.85% Airbnb Rental Income: $839 Traditional Rental Income: $1992 Airbnb ROI: -1.48% Traditional ROI: 1.85%
544 Carrie Lane Altoona, IA Welcome to this highly sought-after townhome in the heart of Altoona. This Venbury Villas ...	2 beds \| 2 baths \| 1,164 sq.ft.	$179,900	Airbnb cash on cash: -0.76% Traditional cash on cash: 6.43% Airbnb Rental Income: $932 Traditional Rental Income: $1818 Airbnb ROI: -0.76% Traditional ROI: 6.43%
1020 2nd Street NE Altoona, IA Introducing Destiny Homes? NEW PALAZZO floor plan an elegant executive WALK-OUT ranch with...	4 beds \| 4 baths \| 2,146 sq.ft.	$524,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 1.17% Airbnb Rental Income: $1360 Traditional Rental Income: $1939 Airbnb ROI: -0.86% Traditional ROI: 1.17%
1203 10th Avenue NW Altoona, IA This unique, one bedroom townhome in Altoona is a great opportunity for those looking for ...	1 beds \| 1 baths \| 720 sq.ft.	$129,900	Airbnb cash on cash: -2.22% Traditional cash on cash: 6.64% Airbnb Rental Income: $571 Traditional Rental Income: $1394 Airbnb ROI: -2.22% Traditional ROI: 6.64%
729 11th Street SE Altoona, IA PRIVACY AND LOCATION! This beautiful home situated on almost HALF AN ACRE with a full priv...	4 beds \| 3 baths \| 1,478 sq.ft.	$325,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 5.09% Airbnb Rental Income: $1360 Traditional Rental Income: $2399 Airbnb ROI: 0.33% Traditional ROI: 5.09%
2720 21st Street SW Altoona, IA Cant beat this location! Everything you need is less than 2 minutes away - Target, Aldi, L...	3 beds \| 3 baths \| 1,554 sq.ft.	$336,900	Airbnb cash on cash: -1.27% Traditional cash on cash: 3.57% Airbnb Rental Income: $839 Traditional Rental Income: $2045 Airbnb ROI: -1.27% Traditional ROI: 3.57%
2631 3rd Avenue SE Altoona, IA Berkey Homebuilders Inc. welcomes you to this new townhome on a daylight lot. This ranch t...	3 beds \| 3 baths \| 1,364 sq.ft.	$370,000	Airbnb cash on cash: -1.73% Traditional cash on cash: 3.74% Airbnb Rental Income: $839 Traditional Rental Income: $2408 Airbnb ROI: -1.73% Traditional ROI: 3.74%
2823 22nd Street SW Altoona, IA Better than new two-story home built offering light and airy spaces. Open main level with ...	3 beds \| 3 baths \| 1,540 sq.ft.	$328,400	Airbnb cash on cash: -1.28% Traditional cash on cash: 3.96% Airbnb Rental Income: $839 Traditional Rental Income: $2127 Airbnb ROI: -1.28% Traditional ROI: 3.96%
319 41st Street SW Altoona, IA Welcome to the Hansbury, located in Stonebridge, a new and spacious home by Destiny Homes!...	4 beds \| 3 baths \| 2,163 sq.ft.	$413,900	Airbnb cash on cash: -0.41% Traditional cash on cash: 3.04% Airbnb Rental Income: $1360 Traditional Rental Income: $2282 Airbnb ROI: -0.41% Traditional ROI: 3.04%
2202 26th Avenue SW Altoona, IA Welcome to this beautifully maintained two-story home, built in 2023 and thoughtfully desi...	4 beds \| 3 baths \| 1,430 sq.ft.	$344,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 4.33% Airbnb Rental Income: $1360 Traditional Rental Income: $2222 Airbnb ROI: 0.38% Traditional ROI: 4.33%
218 34th Street SE Altoona, IA Welcome to this beautiful, custom ranch in one of Altoona's most peaceful settings, comple...	4 beds \| 3 baths \| 1,742 sq.ft.	$468,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 2.27% Airbnb Rental Income: $1360 Traditional Rental Income: $2219 Airbnb ROI: -0.64% Traditional ROI: 2.27%
2832 21st Street SW Altoona, IA Welcome home to 2832 21st Street SW in Altoona! This beautifully maintained home offers th...	3 beds \| 3 baths \| 1,486 sq.ft.	$350,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 3.78% Airbnb Rental Income: $839 Traditional Rental Income: $2175 Airbnb ROI: -1.28% Traditional ROI: 3.78%
1062 10th Avenue NW Altoona, IA Showings require prior approval, and a minimum of 24 hoursâ notice is needed to coordina...	2 beds \| 2 baths \| 1,056 sq.ft.	$160,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 6.73% Airbnb Rental Income: $932 Traditional Rental Income: $1503 Airbnb ROI: 0.74% Traditional ROI: 6.73%
624 19th Street SW Altoona, IA Welcome to Venbury and this beautifully updated Tyler resale offering nearly 3,000 finishe...	4 beds \| 3 baths \| 1,589 sq.ft.	$495,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 1.67% Airbnb Rental Income: $1360 Traditional Rental Income: $2101 Airbnb ROI: -0.82% Traditional ROI: 1.67%
1403 19th Street SE Altoona, IA Welcome to this better-than-new home that blends modern style, thoughtful upgrades, and a ...	5 beds \| 3 baths \| 1,693 sq.ft.	$529,999	Airbnb cash on cash: -1.18% Traditional cash on cash: 2.53% Airbnb Rental Income: $1232 Traditional Rental Income: $2673 Airbnb ROI: -1.18% Traditional ROI: 2.53%
726 35th Street SW Altoona, IA Fantastic one story home with pond that features: elegant curb appeal, over 2,400 square f...	4 beds \| 3 baths \| 1,503 sq.ft.	$450,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 2.47% Airbnb Rental Income: $1360 Traditional Rental Income: $2224 Airbnb ROI: -0.57% Traditional ROI: 2.47%
1110 5th Avenue SW Altoona, IA Fabulous 2 story in the Venbury neighborhood. Driveway is stamped concrete leading up to a...	3 beds \| 3 baths \| 1,777 sq.ft.	$369,900	Airbnb cash on cash: -1.25% Traditional cash on cash: 3.25% Airbnb Rental Income: $839 Traditional Rental Income: $2073 Airbnb ROI: -1.25% Traditional ROI: 3.25%
3232 13th Avenue SE Altoona, IA One owner's custom ranch is nestled on a large corner lot in Spring Creek Estates. Covered...	3 beds \| 3 baths \| 1,820 sq.ft.	$625,000	Airbnb cash on cash: -1.49% Traditional cash on cash: 1.94% Airbnb Rental Income: $839 Traditional Rental Income: $2508 Airbnb ROI: -1.49% Traditional ROI: 1.94%
2702 3rd Avenue SE Altoona, IA Welcome to The Townhomes at Laird Estates. These thoughtfully designed ranch-style townhom...	3 beds \| 3 baths \| 1,364 sq.ft.	$370,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 3.54% Airbnb Rental Income: $839 Traditional Rental Income: $2291 Airbnb ROI: -1.59% Traditional ROI: 3.54%
400 4th Street SE Altoona, IA This fully renovated two-story home in the heart of Altoona blends classic charm with mode...	3 beds \| 2 baths \| 1,804 sq.ft.	$299,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 6.07% Airbnb Rental Income: $839 Traditional Rental Income: $2321 Airbnb ROI: -0.35% Traditional ROI: 6.07%
1917 Country Cove Lane Altoona, IA Beautiful 1.5-story home, with over 3,000 sqft living space, tucked in a quiet cul-de-sac ...	4 beds \| 4 baths \| 1,793 sq.ft.	$389,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 3.67% Airbnb Rental Income: $1360 Traditional Rental Income: $2280 Airbnb ROI: 0.02% Traditional ROI: 3.67%
303 29th Street SW Altoona, IA Welcome to Clay Estates Altoona!! Discover the charm of this inviting home! Embrace the wa...	3 beds \| 3 baths \| 1,500 sq.ft.	$350,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 4.26% Airbnb Rental Income: $839 Traditional Rental Income: $2333 Airbnb ROI: -1.28% Traditional ROI: 4.26%

Real Estate investment in Altoona, IA

There are 121 properties for sale in the city of Altoona . The median list price in Altoona is $350,000 and the average price per square foot is $230. In May 2026, the average monthly cash on cash return in Altoona is 4.00%. The average monthly rental income in Altoona is $2,313.

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

There are 121 investment properties available for sale in Altoona.

In 2026, the best neighborhood to buy investment property is Altoona.

The ROI for Long-Term is higher than the Short-Term in Altoona with average rental income of $2,313.

Your search for investment property begins and ends here

Investment Property for Sale in Altoona, IA

1006 6th Street NW

Altoona, IA

3 beds | 2 baths | 880 sq.ft.

$180,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 7.35%

Airbnb Rental Income: $839

Traditional Rental Income: $1841

Airbnb ROI: -0.42%

Traditional ROI: 7.35%

2624 4th Avenue SW

Altoona, IA

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

$375,000

Airbnb cash on cash: -0.29%

Traditional cash on cash: 4.22%

Airbnb Rental Income: $1360

Traditional Rental Income: $2533

Airbnb ROI: -0.29%

Traditional ROI: 4.22%

1738 Everwood Court SW

Altoona, IA

4 beds | 4 baths | 2,284 sq.ft.

$440,000

Airbnb cash on cash: -1.15%

Traditional cash on cash: 3.68%

Airbnb Rental Income: $1360

Traditional Rental Income: $2931

Airbnb ROI: -1.15%

Traditional ROI: 3.68%

2845 Orinoco Court SW

Altoona, IA

3 beds | 3 baths | 1,027 sq.ft.

$234,900

Airbnb cash on cash: -1.23%

Traditional cash on cash: 5.34%

Airbnb Rental Income: $839

Traditional Rental Income: $1970

Airbnb ROI: -1.23%

Traditional ROI: 5.34%

1106 7th Street NW

Altoona, IA

3 beds | 2 baths | 880 sq.ft.

$259,990

Airbnb cash on cash: -0.87%

Traditional cash on cash: 4.5%

Airbnb Rental Income: $839

Traditional Rental Income: $1827

Airbnb ROI: -0.87%

Traditional ROI: 4.5%

100 4th Avenue SE

Altoona, IA

2 beds | 3 baths | 1,247 sq.ft.

$235,000

Airbnb cash on cash: -0.34%

Traditional cash on cash: 6.2%

Airbnb Rental Income: $932

Traditional Rental Income: $2041

Airbnb ROI: -0.34%

Traditional ROI: 6.2%

2405 3rd Avenue SE

Altoona, IA

3 beds | 3 baths | 1,378 sq.ft.

$345,000

Airbnb cash on cash: -1.8%

Traditional cash on cash: 4.1%

Airbnb Rental Income: $839

Traditional Rental Income: $2422

Airbnb ROI: -1.8%

Traditional ROI: 4.1%

2708 16th Street SW

Altoona, IA

4 beds | 3 baths | 1,418 sq.ft.

$364,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $1360

Traditional Rental Income: $2353

Airbnb ROI: -0.02%