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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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.	$385,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 4.09% Airbnb Rental Income: $1123 Traditional Rental Income: $2533 Airbnb ROI: -0.86% Traditional ROI: 4.09%
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: -1.62% Traditional cash on cash: 3.68% Airbnb Rental Income: $1123 Traditional Rental Income: $2931 Airbnb ROI: -1.62% Traditional ROI: 3.68%
1231 34th Street SE Altoona, IA This home offers 4 spacious bedrooms, 4 bathrooms, and a 3-car attached garage with qualit...	4 beds \| 4 baths \| 1,650 sq.ft.	$449,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 2.48% Airbnb Rental Income: $1123 Traditional Rental Income: $2141 Airbnb ROI: -0.84% Traditional ROI: 2.48%
1324 Tuscany Drive SE Altoona, IA Welcome home to this beautifully maintained Tanzanite built split ranch offering almost 15...	3 beds \| 2 baths \| 1,496 sq.ft.	$325,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 4.51% Airbnb Rental Income: $998 Traditional Rental Income: $2297 Airbnb ROI: -0.9% Traditional ROI: 4.51%
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.	$360,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 3.89% Airbnb Rental Income: $998 Traditional Rental Income: $2422 Airbnb ROI: -1.38% Traditional ROI: 3.89%
705 35th Street SW Altoona, IA Move-in ready ranch-style home in the highly desired Brookhaven Estates! This beautifully ...	4 beds \| 3 baths \| 1,487 sq.ft.	$465,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 3.19% Airbnb Rental Income: $1123 Traditional Rental Income: $2541 Airbnb ROI: -0.93% Traditional ROI: 3.19%
210 31st Street SE Altoona, IA This stunning home offers nearly 3,000 sq ft of finished space with 4 spacious bedrooms an...	4 beds \| 3 baths \| 1,562 sq.ft.	$409,900	Airbnb cash on cash: -0.68% Traditional cash on cash: 4.1% Airbnb Rental Income: $1123 Traditional Rental Income: $2585 Airbnb ROI: -0.68% Traditional ROI: 4.1%
107 10th Avenue SW Altoona, IA Welcome home to this beautifully updated split-level in the heart of Altoona, where modern...	3 beds \| 2 baths \| 853 sq.ft.	$279,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 4.09% Airbnb Rental Income: $998 Traditional Rental Income: $1806 Airbnb ROI: -0.32% Traditional ROI: 4.09%
7980 NE 27th Avenue Altoona, IA A rare opportunity to own a spacious & beautifully maintained 3BR, 3BA ranch on a 1-acre i...	3 beds \| 4 baths \| 2,227 sq.ft.	$609,900	Airbnb cash on cash: -1.85% Traditional cash on cash: 1.92% Airbnb Rental Income: $998 Traditional Rental Income: $2794 Airbnb ROI: -1.85% Traditional ROI: 1.92%
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.	$445,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 3.71% Airbnb Rental Income: $998 Traditional Rental Income: $2645 Airbnb ROI: -1.09% Traditional ROI: 3.71%
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.	$187,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 6.12% Airbnb Rental Income: $950 Traditional Rental Income: $1818 Airbnb ROI: -0.69% Traditional ROI: 6.12%
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: -1.26% Traditional cash on cash: 1.17% Airbnb Rental Income: $1123 Traditional Rental Income: $1939 Airbnb ROI: -1.26% Traditional ROI: 1.17%
2817 21st Street SW Altoona, IA Welcome to this beautifully maintained 3-bed, 2-bath ranch in Altoona! This over 1900 sq f...	3 beds \| 2 baths \| 1,413 sq.ft.	$360,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 2.76% Airbnb Rental Income: $998 Traditional Rental Income: $1881 Airbnb ROI: -0.91% Traditional ROI: 2.76%
2723 4th Avenue SE Altoona, IA Fall in love with this 4-bed, 3-bath 2-story gem in Altoona, where comfort meets convenien...	4 beds \| 3 baths \| 1,612 sq.ft.	$350,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 4.46% Airbnb Rental Income: $1123 Traditional Rental Income: $2471 Airbnb ROI: -0.79% Traditional ROI: 4.46%
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.	$330,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 5% Airbnb Rental Income: $1123 Traditional Rental Income: $2399 Airbnb ROI: -0.32% Traditional ROI: 5%
1003 10th Avenue SE Altoona, IA Welcome to this spacious two-story home that perfectly balances comfort, functionality, an...	4 beds \| 3 baths \| 1,920 sq.ft.	$359,900	Airbnb cash on cash: -0.67% Traditional cash on cash: 3.4% Airbnb Rental Income: $1123 Traditional Rental Income: $2121 Airbnb ROI: -0.67% Traditional ROI: 3.4%
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: -1.34% Traditional cash on cash: 3.74% Airbnb Rental Income: $998 Traditional Rental Income: $2408 Airbnb ROI: -1.34% Traditional ROI: 3.74%
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: -0.92% Traditional cash on cash: 3.04% Airbnb Rental Income: $1123 Traditional Rental Income: $2282 Airbnb ROI: -0.92% Traditional ROI: 3.04%
327 41st Street SW Altoona, IA Destiny Homes presents the Briarwood , an impressive, spacious home featuring 4 bedrooms, ...	4 beds \| 3 baths \| 2,032 sq.ft.	$394,900	Airbnb cash on cash: -0.84% Traditional cash on cash: 2.48% Airbnb Rental Income: $1123 Traditional Rental Income: $1976 Airbnb ROI: -0.84% Traditional ROI: 2.48%
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.	$472,500	Airbnb cash on cash: -1.09% Traditional cash on cash: 2.23% Airbnb Rental Income: $1123 Traditional Rental Income: $2219 Airbnb ROI: -1.09% Traditional ROI: 2.23%
733 17th Avenue SE Altoona, IA $5,000 in upgrades-blinds, fence, appliances- your choice! Don't settle when you can have ...	5 beds \| 3 baths \| 1,627 sq.ft.	$512,400	Airbnb cash on cash: N/A Traditional cash on cash: 2.39% Airbnb Rental Income: $null Traditional Rental Income: $2495 Airbnb ROI: N/A Traditional ROI: 2.39%
705 17th Avenue SW Altoona, IA UPDATED RANCH ON NEARLY HALF AN ACRE W/ MASSIVE 3+ CAR GARAGE! This 3 Bed, 2 Bath gem chec...	3 beds \| 2 baths \| 952 sq.ft.	$279,900	Airbnb cash on cash: -0.24% Traditional cash on cash: 3% Airbnb Rental Income: $998 Traditional Rental Income: $1497 Airbnb ROI: -0.24% Traditional ROI: 3%
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: -1.04% Traditional cash on cash: 2.47% Airbnb Rental Income: $1123 Traditional Rental Income: $2224 Airbnb ROI: -1.04% Traditional ROI: 2.47%
1459 Indigo Drive SE Altoona, IA Spacious 3 beds,3 baths ranch townhome in a quiet neighborhood. The primary has a large wa...	3 beds \| 3 baths \| 1,340 sq.ft.	$289,900	Airbnb cash on cash: -1.51% Traditional cash on cash: 4.9% Airbnb Rental Income: $998 Traditional Rental Income: $2391 Airbnb ROI: -1.51% Traditional ROI: 4.9%
2445 NE 80th Street Altoona, IA Welcome to your new acreage! Gain some space and privacy without having to sacrifice the i...	3 beds \| 3 baths \| 1,754 sq.ft.	$485,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 2.41% Airbnb Rental Income: $998 Traditional Rental Income: $2134 Airbnb ROI: -0.88% Traditional ROI: 2.41%
2702 3rd Avenue SE Altoona, IA Welcome to The Townhomes at Laird Estates, a 55+ community located in the heart of Altoona...	3 beds \| 3 baths \| 1,364 sq.ft.	$370,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 3.54% Airbnb Rental Income: $998 Traditional Rental Income: $2291 Airbnb ROI: -1.2% 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: 0.12% Traditional cash on cash: 6.07% Airbnb Rental Income: $998 Traditional Rental Income: $2321 Airbnb ROI: 0.12% Traditional ROI: 6.07%
2920 3rd Avenue SW Altoona, IA Ask about our BUILDER PROMO through our preferred lender! Greenland Homes Advantage in Alt...	3 beds \| 2 baths \| 1,417 sq.ft.	$345,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 3.83% Airbnb Rental Income: $998 Traditional Rental Income: $2162 Airbnb ROI: -0.86% Traditional ROI: 3.83%
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: -0.88% Traditional cash on cash: 4.26% Airbnb Rental Income: $998 Traditional Rental Income: $2333 Airbnb ROI: -0.88% Traditional ROI: 4.26%
800 Scenic View Boulevard Altoona, IA Make this your New Home for The New Year and warm up in front of the beautiful fireplace. ...	3 beds \| 3 baths \| 1,503 sq.ft.	$375,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 3.98% Airbnb Rental Income: $998 Traditional Rental Income: $2319 Airbnb ROI: -0.78% Traditional ROI: 3.98%
2904 3rd Avenue SW Altoona, IA ATTENTION: Ask about our BUILDER PROMO through our preferred lender! Greenland Homes! ALTO...	4 beds \| 3 baths \| 1,667 sq.ft.	$355,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 6.08% Airbnb Rental Income: $1123 Traditional Rental Income: $2471 Airbnb ROI: 0.9% Traditional ROI: 6.08%
4203 5th Avenue SW Altoona, IA Destiny Homes presents the Fremont ranch. The Fremont features 3 bedrooms, 2 car garage, 2...	3 beds \| 2 baths \| 1,316 sq.ft.	$324,500	Airbnb cash on cash: 0.73% Traditional cash on cash: 5.49% Airbnb Rental Income: $998 Traditional Rental Income: $2094 Airbnb ROI: 0.73% Traditional ROI: 5.49%
632 34th Street SE Altoona, IA Tour this home any day from 7 a.m. to 7 p.m. with UTOUR-just show up, scan the QR code, an...	3 beds \| 2 baths \| 1,422 sq.ft.	$375,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 3.65% Airbnb Rental Income: $998 Traditional Rental Income: $2295 Airbnb ROI: -1.05% Traditional ROI: 3.65%
3423 5th Avenue SE Altoona, IA Just completed and move-in ready-the Dogwood C Ranch by Greenland Homes is everything you'...	3 beds \| 2 baths \| 1,417 sq.ft.	$385,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 3.52% Airbnb Rental Income: $998 Traditional Rental Income: $2307 Airbnb ROI: -1.08% Traditional ROI: 3.52%
1005 6th Street NW Altoona, IA Calling Investors and 1st Home Buyers! This 3 bedroom 2 bath provides the opportunity for ...	3 beds \| 2 baths \| 880 sq.ft.	$259,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 4.73% Airbnb Rental Income: $998 Traditional Rental Income: $1830 Airbnb ROI: -0.13% Traditional ROI: 4.73%
1429 25th Avenue SW Altoona, IA This Eagle Homes plan is a transitional modern styled home that combines style and functio...	5 beds \| 3 baths \| 1,802 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.57% Airbnb Rental Income: $null Traditional Rental Income: $2770 Airbnb ROI: N/A Traditional ROI: 1.57%
143 10th Avenue NE Altoona, IA Introducing the ARIA floor plan by Destiny Homes, in Edgewood Trail. This stunning 5-b...	5 beds \| 4 baths \| 2,629 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.99% Airbnb Rental Income: $null Traditional Rental Income: $3317 Airbnb ROI: N/A Traditional ROI: 5.99%
2813 3rd Avenue SE Altoona, IA Berkey Homebuilders Inc. welcomes you to this new townhome on a daylight lot. The ranch to...	3 beds \| 3 baths \| 1,364 sq.ft.	$370,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 3.94% Airbnb Rental Income: $998 Traditional Rental Income: $2480 Airbnb ROI: -1.35% Traditional ROI: 3.94%
2708 3rd Avenue SE Altoona, IA Berkey Homebuilders Inc. welcomes you to this new townhome on a daylight lot. The ranch to...	3 beds \| 3 baths \| 1,364 sq.ft.	$370,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 3.94% Airbnb Rental Income: $998 Traditional Rental Income: $2480 Airbnb ROI: -1.35% Traditional ROI: 3.94%
210 11th Avenue SW Altoona, IA Welcome to this charming two-story home in Altoona featuring three bedrooms, one and a hal...	3 beds \| 2 baths \| 1,544 sq.ft.	$260,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 5.63% Airbnb Rental Income: $998 Traditional Rental Income: $2104 Airbnb ROI: -0.33% Traditional ROI: 5.63%

Real Estate investment in Altoona, IA

There are 88 properties for sale in the city of Altoona . The median list price in Altoona is $359,450 and the average price per square foot is $233. In February 2026, the average monthly cash on cash return in Altoona is 4.00%. The average monthly rental income in Altoona is $2,302.

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

There are 88 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 $2,302.

Your search for investment property begins and ends here

Investment Property for Sale in Altoona, IA

2624 4th Avenue SW

Altoona, IA

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

$385,000

Airbnb cash on cash: -0.86%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $1123

Traditional Rental Income: $2533

Airbnb ROI: -0.86%

Traditional ROI: 4.09%

1738 Everwood Court SW

Altoona, IA

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

$440,000

Airbnb cash on cash: -1.62%

Traditional cash on cash: 3.68%

Airbnb Rental Income: $1123

Traditional Rental Income: $2931

Airbnb ROI: -1.62%

Traditional ROI: 3.68%

1231 34th Street SE

Altoona, IA

4 beds | 4 baths | 1,650 sq.ft.

$449,000

Airbnb cash on cash: -0.84%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $1123

Traditional Rental Income: $2141

Airbnb ROI: -0.84%

Traditional ROI: 2.48%

1324 Tuscany Drive SE

Altoona, IA

3 beds | 2 baths | 1,496 sq.ft.

$325,000

Airbnb cash on cash: -0.9%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $998

Traditional Rental Income: $2297

Airbnb ROI: -0.9%

Traditional ROI: 4.51%

2405 3rd Avenue SE

Altoona, IA

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

$360,000

Airbnb cash on cash: -1.38%

Traditional cash on cash: 3.89%

Airbnb Rental Income: $998

Traditional Rental Income: $2422

Airbnb ROI: -1.38%

Traditional ROI: 3.89%

705 35th Street SW

Altoona, IA

4 beds | 3 baths | 1,487 sq.ft.

$465,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 3.19%

Airbnb Rental Income: $1123

Traditional Rental Income: $2541

Airbnb ROI: -0.93%

Traditional ROI: 3.19%

210 31st Street SE

Altoona, IA

4 beds | 3 baths | 1,562 sq.ft.

$409,900

Airbnb cash on cash: -0.68%

Traditional cash on cash: 4.1%

Airbnb Rental Income: $1123

Traditional Rental Income: $2585

Airbnb ROI: -0.68%

Traditional ROI: 4.1%

107 10th Avenue SW

Altoona, IA

3 beds | 2 baths | 853 sq.ft.

$279,900

Airbnb cash on cash: -0.32%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $998

Traditional Rental Income: $1806

Airbnb ROI: -0.32%