Real Estate Investment Properties for Sale in Decorah, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
553 Massman Drive Decorah, IA Very close to being completed! Come and See this beautiful home NOW! This quality new cons...	3 beds \| 2 baths \| 1,864 sq.ft.	$599,500	Airbnb cash on cash: -1.46% Traditional cash on cash: 1.9% Airbnb Rental Income: $1078 Traditional Rental Income: $2586 Airbnb ROI: -1.46% Traditional ROI: 1.9%
3251 110th Avenue Decorah, IA Located outside of Decorah is a ranch-style home situated on 2 acres m/l, offering peacefu...	3 beds \| 2 baths \| 1,568 sq.ft.	$324,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 6.18% Airbnb Rental Income: $1078 Traditional Rental Income: $2579 Airbnb ROI: 0.04% Traditional ROI: 6.18%
3805 County Road W40 Decorah, IA Charming Ranch Home on a Spacious Lot - Hesper, IA Welcome to this well-maintained 3-bedro...	3 beds \| 2 baths \| 1,772 sq.ft.	$217,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 9.1% Airbnb Rental Income: $1078 Traditional Rental Income: $2325 Airbnb ROI: 1.24% Traditional ROI: 9.1%
405 Washington Street Decorah, IA This 4 bedroom, 1.5 bathroom home offers a great opportunity to enjoy a convenient in-town...	4 beds \| 2 baths \| 1,279 sq.ft.	$205,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 6.52% Airbnb Rental Income: $1697 Traditional Rental Income: $1812 Airbnb ROI: 3.5% Traditional ROI: 6.52%
710 Pine Street Decorah, IA This Decorah home has plenty of potential for someone ready to put their own touch on it. ...	2 beds \| 2 baths \| 843 sq.ft.	$149,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 10.3% Airbnb Rental Income: $1024 Traditional Rental Income: $1925 Airbnb ROI: 1.46% Traditional ROI: 10.3%
206 East Street Decorah, IA Tucked into the heart of Decorah, this charming 2-bedroom, 2-bath home offers the perfect ...	2 beds \| 2 baths \| 1,803 sq.ft.	$324,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 4.99% Airbnb Rental Income: $1024 Traditional Rental Income: $2258 Airbnb ROI: -0.24% Traditional ROI: 4.99%
304 Iowa Avenue Decorah, IA This 2-bedroom, 2-bath ranch in the heart of Decorah was built in 1953. It offers thoughtf...	2 beds \| 2 baths \| 1,351 sq.ft.	$267,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 6.51% Airbnb Rental Income: $1024 Traditional Rental Income: $2271 Airbnb ROI: 0.14% Traditional ROI: 6.51%

Real Estate investment in Decorah, IA

There are 7 properties for sale in the city of Decorah . The median list price in Decorah is $267,000 and the average price per square foot is $178. In May 2026, the average monthly cash on cash return in Decorah is 7.00%. The average monthly rental income in Decorah is $2,271.

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

There are 7 investment properties available for sale in Decorah.

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

The ROI for Short-Term is higher than the Long-Term in Decorah with average rental income of $1,078.

Your search for investment property begins and ends here

Investment Property for Sale in Decorah, IA

553 Massman Drive

Decorah, IA

3 beds | 2 baths | 1,864 sq.ft.

$599,500

Airbnb cash on cash: -1.46%

Traditional cash on cash: 1.9%

Airbnb Rental Income: $1078

Traditional Rental Income: $2586

Airbnb ROI: -1.46%

Traditional ROI: 1.9%

3251 110th Avenue

Decorah, IA

3 beds | 2 baths | 1,568 sq.ft.

$324,000

Airbnb cash on cash: 0.04%

Traditional cash on cash: 6.18%

Airbnb Rental Income: $1078

Traditional Rental Income: $2579

Airbnb ROI: 0.04%

Traditional ROI: 6.18%

3805 County Road W40

Decorah, IA

3 beds | 2 baths | 1,772 sq.ft.

$217,000

Airbnb cash on cash: 1.24%

Traditional cash on cash: 9.1%

Airbnb Rental Income: $1078

Traditional Rental Income: $2325

Airbnb ROI: 1.24%

Traditional ROI: 9.1%

405 Washington Street

Decorah, IA

4 beds | 2 baths | 1,279 sq.ft.

$205,000

Airbnb cash on cash: 3.5%

Traditional cash on cash: 6.52%

Airbnb Rental Income: $1697

Traditional Rental Income: $1812

Airbnb ROI: 3.5%

Traditional ROI: 6.52%

710 Pine Street

Decorah, IA

2 beds | 2 baths | 843 sq.ft.

$149,000

Airbnb cash on cash: 1.46%

Traditional cash on cash: 10.3%

Airbnb Rental Income: $1024

Traditional Rental Income: $1925

Airbnb ROI: 1.46%

Traditional ROI: 10.3%

206 East Street

Decorah, IA

2 beds | 2 baths | 1,803 sq.ft.

$324,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 4.99%

Airbnb Rental Income: $1024

Traditional Rental Income: $2258

Airbnb ROI: -0.24%

Traditional ROI: 4.99%

304 Iowa Avenue

Decorah, IA

2 beds | 2 baths | 1,351 sq.ft.

$267,000

Airbnb cash on cash: 0.14%

Traditional cash on cash: 6.51%

Airbnb Rental Income: $1024

Traditional Rental Income: $2271

Airbnb ROI: 0.14%

Traditional ROI: 6.51%

Real Estate investment in Decorah, IA

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

How many investment properties are available for sale in Decorah?

Which neighborhoods in Decorah to invest in 2026?

Long-Term vs. Short-Term Rentals in Decorah, Iowa: Which will earn the best returns?

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