Real Estate Investment Properties for Sale in Waukon, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
525 SE 4th Street Waukon, IA Step into timeless elegance with this beautifully crafted home overlooking the golf course...	4 beds \| 1 baths \| 4,326 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $2820 Airbnb ROI: N/A Traditional ROI: 2.81%
69 NW 16th Avenue Waukon, IA Welcome home to space, comfort, and versatility-all wrapped into one impressive raised ran...	4 beds \| 2 baths \| 2,760 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.56% Airbnb Rental Income: $null Traditional Rental Income: $2853 Airbnb ROI: N/A Traditional ROI: 5.56%
505 SW 2 St Waukon, IA Charming Ranch with Timeless Character! This inviting 2-bedroom, 1-bath ranch blends class...	2 beds \| 1 baths \| 768 sq.ft.	$139,000	Airbnb cash on cash: 2.9% Traditional cash on cash: 7.97% Airbnb Rental Income: $1128 Traditional Rental Income: $1428 Airbnb ROI: 2.9% Traditional ROI: 7.97%
Investment Properties for Sale in Other Cities of Iowa
203 Center Avenue Urbana , IA Cute, cozy, and full of potentialâthis two-bedroom, one-bath home is a hidden gem just 2...	2 beds \| 1 baths \| 674 sq.ft.	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.59% Airbnb Rental Income: $null Traditional Rental Income: $1340 Airbnb ROI: N/A Traditional ROI: 9.59%
61 Quail Valley Ct Iowa City , IA	4 beds \| 3 baths \| 3,172 sq.ft.	$735,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 2.62% Airbnb Rental Income: $3362 Traditional Rental Income: $2860 Airbnb ROI: 2.26% Traditional ROI: 2.62%
5200 Ingersoll Avenue Des Moines , IA Previously featured on HGTV's show "House Hunters", this charming 4 bedroom, 4 bathroom in...	4 beds \| 4 baths \| 2,935 sq.ft.	$449,750	Airbnb cash on cash: -0.6% Traditional cash on cash: 5.54% Airbnb Rental Income: $1644 Traditional Rental Income: $3768 Airbnb ROI: -0.6% Traditional ROI: 5.54%
3832 13th Street Des Moines , IA Comfortable and Cute! Step inside to fresh paint and flooring throughout this 3 bedroom, 2...	3 beds \| 2 baths \| 1,178 sq.ft.	$184,900	Airbnb cash on cash: 1.78% Traditional cash on cash: 8.04% Airbnb Rental Income: $1250 Traditional Rental Income: $1953 Airbnb ROI: 1.78% Traditional ROI: 8.04%
1311 Union Street Boone , IA Charming and cozy 2-bedroom, 1-bath home all on one level. Step inside to a nice-sized kit...	2 beds \| 1 baths \| 832 sq.ft.	$130,000	Airbnb cash on cash: -1.42% Traditional cash on cash: 9.95% Airbnb Rental Income: $480 Traditional Rental Income: $1632 Airbnb ROI: -1.42% Traditional ROI: 9.95%
204 Benton Street Boone , IA Energy-efficient two-bedroom home located in a desirable neighborhood near the hospital an...	2 beds \| 1 baths \| 872 sq.ft.	$103,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 11.27% Airbnb Rental Income: $480 Traditional Rental Income: $1473 Airbnb ROI: -1.35% Traditional ROI: 11.27%
2207 Sunflower St Perry , IA The Cornerstone Tuscan Plan is a beautiful ranch with an open floor plan that features Til...	4 beds \| 3 baths \| 1,802 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.09% Airbnb Rental Income: $null Traditional Rental Income: $2852 Airbnb ROI: N/A Traditional ROI: 8.09%
3704 SE Redbud Court Ankeny , IA Beautiful move-in ready home tucked at the end of a quiet cul-de-sac on a spacious, fully ...	4 beds \| 4 baths \| 1,760 sq.ft.	$384,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.65% Airbnb Rental Income: $1635 Traditional Rental Income: $2636 Airbnb ROI: 0.6% Traditional ROI: 4.65%
2103 Governor Road Marshalltown , IA This amazing home is move in ready! Every room has been updated. New LVP flooring througho...	3 beds \| 2 baths \| 1,292 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.84% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A Traditional ROI: 5.84%
204 W Washington Street Montezuma , IA Completely renovated ranch home on corner lot in Montezuma, Iowa. It's nearly the equivale...	3 beds \| 1 baths \| 1,092 sq.ft.	$194,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.55% Airbnb Rental Income: $null Traditional Rental Income: $1626 Airbnb ROI: N/A Traditional ROI: 6.55%
1716 NW Prairie Creek Drive Grimes , IA NOTE: Finished basement square footage is estimate to be 900sf (consisting of a family roo...	4 beds \| 3 baths \| 1,608 sq.ft.	$484,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 3.06% Airbnb Rental Income: $1757 Traditional Rental Income: $2583 Airbnb ROI: 0.18% Traditional ROI: 3.06%
2916 Pierce St Sioux City , IA Charming 4~Bedroom Home with Bonus Loft & Basement Kitchenette!! Welcome to 2916 Pierce St...	4 beds \| 2 baths \| 1,978 sq.ft.	$200,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 11.54% Airbnb Rental Income: $1220 Traditional Rental Income: $2692 Airbnb ROI: 1.72% Traditional ROI: 11.54%
2014 8th Ave No Fort Dodge , IA Price Reduced! Charming and Spacious 2 story home near Dodger Stadium. 3 generously sizes ...	3 beds \| 2 baths \| 1,780 sq.ft.	$179,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.4% Airbnb Rental Income: $null Traditional Rental Income: $2460 Airbnb ROI: N/A Traditional ROI: 9.4%

Real Estate investment in Waukon, IA

There are 9 properties for sale in the city of Waukon . The median list price in Waukon is $140,000 and the average price per square foot is $74. In March 2026, the average monthly cash on cash return in Waukon is 8.00%. The average monthly rental income in Waukon is $2,436.

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

There are 9 investment properties available for sale in Waukon.

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

The ROI for Long-Term is higher than the Short-Term in Waukon with average rental income of $2,436.

Your search for investment property begins and ends here

Investment Property for Sale in Waukon, IA

525 SE 4th Street

Waukon, IA

4 beds | 1 baths | 4,326 sq.ft.

$575,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.81%

Airbnb Rental Income: $null

Traditional Rental Income: $2820

Airbnb ROI: N/A

Traditional ROI: 2.81%

69 NW 16th Avenue

Waukon, IA

4 beds | 2 baths | 2,760 sq.ft.

$395,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.56%

Airbnb Rental Income: $null

Traditional Rental Income: $2853

Airbnb ROI: N/A

Traditional ROI: 5.56%

505 SW 2 St

Waukon, IA

2 beds | 1 baths | 768 sq.ft.

$139,000

Airbnb cash on cash: 2.9%

Traditional cash on cash: 7.97%

Airbnb Rental Income: $1128

Traditional Rental Income: $1428

Airbnb ROI: 2.9%

Traditional ROI: 7.97%

Investment Properties for Sale in Other Cities of Iowa

Urbana , IA

2 beds | 1 baths | 674 sq.ft.

$110,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.59%

Airbnb Rental Income: $null

Traditional Rental Income: $1340

Airbnb ROI: N/A

Traditional ROI: 9.59%

Iowa City , IA

4 beds | 3 baths | 3,172 sq.ft.

$735,000

Airbnb cash on cash: 2.26%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $3362

Traditional Rental Income: $2860

Airbnb ROI: 2.26%

Traditional ROI: 2.62%

Des Moines , IA

4 beds | 4 baths | 2,935 sq.ft.

$449,750

Airbnb cash on cash: -0.6%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $1644

Traditional Rental Income: $3768

Airbnb ROI: -0.6%

Traditional ROI: 5.54%

Des Moines , IA

3 beds | 2 baths | 1,178 sq.ft.

$184,900

Airbnb cash on cash: 1.78%

Traditional cash on cash: 8.04%

Airbnb Rental Income: $1250

Traditional Rental Income: $1953

Airbnb ROI: 1.78%

Traditional ROI: 8.04%

Boone , IA

2 beds | 1 baths | 832 sq.ft.

$130,000

Airbnb cash on cash: -1.42%

Traditional cash on cash: 9.95%

Airbnb Rental Income: $480

Traditional Rental Income: $1632

Airbnb ROI: -1.42%

Traditional ROI: 9.95%

Boone , IA

2 beds | 1 baths | 872 sq.ft.

$103,000