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
2618 3rd Avenue SW Altoona, IA This well-maintained two-story offers 1,817 sq. ft. above grade plus a beautifully finishe...	4 beds \| 4 baths \| 1,817 sq.ft.	$370,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 5.82% Airbnb Rental Income: $1893 Traditional Rental Income: $3001 Airbnb ROI: 1.18% Traditional ROI: 5.82%
1629 Ashwood Drive Altoona, IA Welcome to this spacious two-story home in the heart of Altoona, located in a highly desir...	4 beds \| 4 baths \| 1,863 sq.ft.	$375,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 5.16% Airbnb Rental Income: $1893 Traditional Rental Income: $2818 Airbnb ROI: 1.1% Traditional ROI: 5.16%
3312 13th Avenue SE Altoona, IA Fall in love with this stunning ranch home in Spring Creek Ridge! This spacious and though...	4 beds \| 4 baths \| 1,678 sq.ft.	$429,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 4.06% Airbnb Rental Income: $1893 Traditional Rental Income: $2724 Airbnb ROI: 0.74% Traditional ROI: 4.06%
1001 9th Avenue Place SE Altoona, IA Welcome to this well cared for Altoona home offering something that's incredibly hard to f...	3 beds \| 3 baths \| 1,531 sq.ft.	$350,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 4.22% Airbnb Rental Income: $1511 Traditional Rental Income: $2293 Airbnb ROI: 0.5% Traditional ROI: 4.22%
317 31st Street SE Altoona, IA Built in 2018, this stunning two-story home truly has it all! The main level features an o...	5 beds \| 4 baths \| 1,795 sq.ft.	$375,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 6.16% Airbnb Rental Income: $2441 Traditional Rental Income: $3046 Airbnb ROI: 2.75% Traditional ROI: 6.16%
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.	$450,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 3.84% Airbnb Rental Income: $1893 Traditional Rental Income: $2896 Airbnb ROI: 0.26% Traditional ROI: 3.84%
201 22nd Avenue SW Altoona, IA Welcome to Altoona! This well-maintained split-level home offers over 1,000 finished squar...	3 beds \| 2 baths \| 880 sq.ft.	$239,900	Airbnb cash on cash: 1.82% Traditional cash on cash: 5.54% Airbnb Rental Income: $1511 Traditional Rental Income: $1913 Airbnb ROI: 1.82% Traditional ROI: 5.54%
1901 30th Avenue SW Altoona, IA AS IS SALE This beautiful 2-Story Kimberly resale has 2,228 Sq. Ft. finished living spac...	4 beds \| 4 baths \| 1,758 sq.ft.	$329,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 5.76% Airbnb Rental Income: $1893 Traditional Rental Income: $2657 Airbnb ROI: 1.67% Traditional ROI: 5.76%
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: 1% Traditional cash on cash: 4.39% Airbnb Rental Income: $1893 Traditional Rental Income: $2440 Airbnb ROI: 1% Traditional ROI: 4.39%
1427 34th Avenue SW #213 Altoona, IA All information obtained from seller and public records.	1 beds \| 1 baths \| 1,050 sq.ft.	$135,000	Airbnb cash on cash: -12.09% Traditional cash on cash: 1.32% Airbnb Rental Income: $645 Traditional Rental Income: $2087 Airbnb ROI: -12.09% Traditional ROI: 1.32%
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: 2.27% Traditional cash on cash: 5.25% Airbnb Rental Income: $2441 Traditional Rental Income: $2949 Airbnb ROI: 2.27% 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: 1.37% Traditional cash on cash: 6.3% Airbnb Rental Income: $1511 Traditional Rental Income: $2029 Airbnb ROI: 1.37% Traditional ROI: 6.3%
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.	$431,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 3.86% Airbnb Rental Income: $1511 Traditional Rental Income: $2645 Airbnb ROI: -0.04% Traditional ROI: 3.86%
215 25th Avenue SW Altoona, IA Welcome home to this beautifully renovated 3-bedroom, 1-bath home that's move-in ready and...	3 beds \| 1 baths \| 960 sq.ft.	$229,900	Airbnb cash on cash: 2.11% Traditional cash on cash: 4.53% Airbnb Rental Income: $1511 Traditional Rental Income: $1598 Airbnb ROI: 2.11% Traditional ROI: 4.53%
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.	$439,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 2.08% Airbnb Rental Income: $1511 Traditional Rental Income: $1992 Airbnb ROI: -0.16% Traditional ROI: 2.08%
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.	$177,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 6.51% Airbnb Rental Income: $1068 Traditional Rental Income: $1818 Airbnb ROI: -0.09% Traditional ROI: 6.51%
302 33rd Street SE Altoona, IA Welcome home to this beautifully maintained 2017-built ranch offering 1,752 square feet of...	4 beds \| 3 baths \| 1,752 sq.ft.	$499,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.81% Airbnb Rental Income: $1893 Traditional Rental Income: $2618 Airbnb ROI: 0.18% Traditional ROI: 2.81%
412 25th Avenue SW Altoona, IA Fully remodeled and move-in ready, this 4-bedroom, 2-bath home has been thoughtfully updat...	4 beds \| 2 baths \| 1,088 sq.ft.	$305,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 3.96% Airbnb Rental Income: $1893 Traditional Rental Income: $1974 Airbnb ROI: 1.92% Traditional ROI: 3.96%
2812 Orinoco Court SW Altoona, IA Spotless and move-in ready, this beautifully maintained ranch townhome offers the perfect ...	2 beds \| 2 baths \| 1,244 sq.ft.	$236,500	Airbnb cash on cash: -0.64% Traditional cash on cash: 5.33% Airbnb Rental Income: $1068 Traditional Rental Income: $2037 Airbnb ROI: -0.64% Traditional ROI: 5.33%
1132 10th Avenue NW Altoona, IA Welcome to affordable living in Altoona! This property offers 2 bedrooms and 1.5 baths on ...	2 beds \| 1 baths \| 1,056 sq.ft.	$159,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 6.89% Airbnb Rental Income: $1068 Traditional Rental Income: $1675 Airbnb ROI: 0.48% Traditional ROI: 6.89%
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: 1.79% Traditional cash on cash: 5.09% Airbnb Rental Income: $1893 Traditional Rental Income: $2399 Airbnb ROI: 1.79% Traditional ROI: 5.09%
2720 21st Street SW Altoona, IA Can't beat this location! Everything you need is less than 2 minutes away - Target, Aldi, ...	3 beds \| 3 baths \| 1,554 sq.ft.	$323,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 3.75% Airbnb Rental Income: $1511 Traditional Rental Income: $2045 Airbnb ROI: 0.55% Traditional ROI: 3.75%
2624 21st Street SW Altoona, IA Welcome home to this well-kept walk-out ranch situated on a desirable corner lot! The main...	4 beds \| 3 baths \| 1,166 sq.ft.	$349,900	Airbnb cash on cash: 1.81% Traditional cash on cash: 4.82% Airbnb Rental Income: $1893 Traditional Rental Income: $2375 Airbnb ROI: 1.81% Traditional ROI: 4.82%
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: 0.74% Traditional cash on cash: 3.04% Airbnb Rental Income: $1893 Traditional Rental Income: $2282 Airbnb ROI: 0.74% Traditional ROI: 3.04%
2860 Pilgrim Drive SW Altoona, IA Walkout Ranch on a Corner Lot in One of Altoona's Most Desirable Neighborhoods! Located on...	3 beds \| 2 baths \| 1,165 sq.ft.	$315,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.35% Airbnb Rental Income: $1511 Traditional Rental Income: $1864 Airbnb ROI: 0.67% Traditional ROI: 3.35%
2191 3rd Avenue SW Altoona, IA You'll love this location just minutes from the main routes that take you anywhere in the ...	2 beds \| 3 baths \| 1,390 sq.ft.	$212,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 5.25% Airbnb Rental Income: $1068 Traditional Rental Income: $1813 Airbnb ROI: -0.29% Traditional ROI: 5.25%
405 Plumwood Court SW Altoona, IA Beautifully updated ranch home w/exceptional curb appeal, tucked away on a quiet cul-de-sa...	4 beds \| 3 baths \| 1,814 sq.ft.	$550,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 1.57% Airbnb Rental Income: $1893 Traditional Rental Income: $2057 Airbnb ROI: 0.27% Traditional ROI: 1.57%
1062 10th Avenue NW Altoona, IA Move-in ready, this 2-bedroom, 1.5-bath townhome offers low-maintenance living in one of A...	2 beds \| 2 baths \| 1,056 sq.ft.	$159,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 6.78% Airbnb Rental Income: $1068 Traditional Rental Income: $1503 Airbnb ROI: 1.5% Traditional ROI: 6.78%
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.	$500,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 2.74% Airbnb Rental Income: $2441 Traditional Rental Income: $2673 Airbnb ROI: 0.97% Traditional ROI: 2.74%
3232 13th Avenue SE Altoona, IA Custom ranch w/nearly 3,000 finished sqft is nestled on a large lot in Spring Creek Estate...	3 beds \| 3 baths \| 1,820 sq.ft.	$614,500	Airbnb cash on cash: -0.52% Traditional cash on cash: 1.98% Airbnb Rental Income: $1511 Traditional Rental Income: $2508 Airbnb ROI: -0.52% Traditional ROI: 1.98%
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: 0.03% Traditional cash on cash: 3.54% Airbnb Rental Income: $1511 Traditional Rental Income: $2291 Airbnb ROI: 0.03% 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.	$294,900	Airbnb cash on cash: 1.68% Traditional cash on cash: 6.18% Airbnb Rental Income: $1511 Traditional Rental Income: $2321 Airbnb ROI: 1.68% Traditional ROI: 6.18%
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: 0.42% Traditional cash on cash: 4.26% Airbnb Rental Income: $1511 Traditional Rental Income: $2333 Airbnb ROI: 0.42% Traditional ROI: 4.26%
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: 2.13% Traditional cash on cash: 5.49% Airbnb Rental Income: $1511 Traditional Rental Income: $2094 Airbnb ROI: 2.13% Traditional ROI: 5.49%
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: 2.27% Traditional cash on cash: 5.48% Airbnb Rental Income: $2441 Traditional Rental Income: $3317 Airbnb ROI: 2.27% Traditional ROI: 5.48%
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: 0.01% Traditional cash on cash: 4.07% Airbnb Rental Income: $1511 Traditional Rental Income: $2480 Airbnb ROI: 0.01% Traditional ROI: 4.07%
2315 14th Street SW Altoona, IA Stunning ranch home with over 3200 sqft of finish offers luxury and comfort. From the mome...	3 beds \| 3 baths \| 1,921 sq.ft.	$779,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.73% Airbnb Rental Income: $1511 Traditional Rental Income: $2808 Airbnb ROI: -0.66% Traditional ROI: 1.73%
983 10th Avenue NW Altoona, IA Welcome to this beautifully updated 3-bedroom townhome in the heart of Altoona! Convenient...	3 beds \| 3 baths \| 1,400 sq.ft.	$199,999	Airbnb cash on cash: 2.97% Traditional cash on cash: 8.61% Airbnb Rental Income: $1511 Traditional Rental Income: $2141 Airbnb ROI: 2.97% Traditional ROI: 8.61%
4227 5th Avenue SW Altoona, IA Destiny Homes presents the Bourne in Altoona's Stonebridge. The Bourne is a stunning two-s...	3 beds \| 3 baths \| 1,399 sq.ft.	$329,900	Airbnb cash on cash: 2.14% Traditional cash on cash: 6.04% Airbnb Rental Income: $1511 Traditional Rental Income: $2278 Airbnb ROI: 2.14% Traditional ROI: 6.04%
1019 11th Avenue SE Altoona, IA 3,400 SF total garage space that holds 8 cars and a16'x40' in-ground fiberglass heated sal...	4 beds \| 4 baths \| 2,778 sq.ft.	$695,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 2.46% Airbnb Rental Income: $1893 Traditional Rental Income: $3323 Airbnb ROI: -0.53% Traditional ROI: 2.46%

Real Estate investment in Altoona, IA

There are 107 properties for sale in the city of Altoona . The median list price in Altoona is $344,794 and the average price per square foot is $224. In August 2026, the average monthly cash on cash return in Altoona is 5.00%. The average monthly rental income in Altoona is $2,337.

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

There are 107 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 $2,337.

Your search for investment property begins and ends here

Investment Property for Sale in Altoona, IA

2618 3rd Avenue SW

Altoona, IA

4 beds | 4 baths | 1,817 sq.ft.

$370,000

Airbnb cash on cash: 1.18%

Traditional cash on cash: 5.82%

Airbnb Rental Income: $1893

Traditional Rental Income: $3001

Airbnb ROI: 1.18%

Traditional ROI: 5.82%

1629 Ashwood Drive

Altoona, IA

4 beds | 4 baths | 1,863 sq.ft.

$375,000

Airbnb cash on cash: 1.1%

Traditional cash on cash: 5.16%

Airbnb Rental Income: $1893

Traditional Rental Income: $2818

Airbnb ROI: 1.1%

Traditional ROI: 5.16%

3312 13th Avenue SE

Altoona, IA

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

$429,900

Airbnb cash on cash: 0.74%

Traditional cash on cash: 4.06%

Airbnb Rental Income: $1893

Traditional Rental Income: $2724

Airbnb ROI: 0.74%

Traditional ROI: 4.06%

1001 9th Avenue Place SE

Altoona, IA

3 beds | 3 baths | 1,531 sq.ft.

$350,000

Airbnb cash on cash: 0.5%

Traditional cash on cash: 4.22%

Airbnb Rental Income: $1511

Traditional Rental Income: $2293

Airbnb ROI: 0.5%

Traditional ROI: 4.22%

317 31st Street SE

Altoona, IA

5 beds | 4 baths | 1,795 sq.ft.

$375,000

Airbnb cash on cash: 2.75%

Traditional cash on cash: 6.16%

Airbnb Rental Income: $2441

Traditional Rental Income: $3046

Airbnb ROI: 2.75%

Traditional ROI: 6.16%

1620 Pinewood Court SW

Altoona, IA

4 beds | 4 baths | 2,344 sq.ft.

$450,000

Airbnb cash on cash: 0.26%

Traditional cash on cash: 3.84%

Airbnb Rental Income: $1893

Traditional Rental Income: $2896

Airbnb ROI: 0.26%

Traditional ROI: 3.84%

201 22nd Avenue SW

Altoona, IA

3 beds | 2 baths | 880 sq.ft.

$239,900

Airbnb cash on cash: 1.82%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $1511

Traditional Rental Income: $1913

Airbnb ROI: 1.82%

Traditional ROI: 5.54%

1901 30th Avenue SW

Altoona, IA

4 beds | 4 baths | 1,758 sq.ft.

$329,900

Airbnb cash on cash: 1.67%

Traditional cash on cash: 5.76%

Airbnb Rental Income: $1893

Traditional Rental Income: $2657

Airbnb ROI: 1.67%