165 S CHET KRAUSE DRIVE #185, Iola, WI 54945

Iola
Local realty services provided by:ERA MyPro Realty
Listed by: team kitowski, mark kitowski
Office: kpr brokers, llc.
MLS#:22600132
Source:Metro MLS
165 S CHET KRAUSE DRIVE #185,Iola, WI 54945
$995,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$995,000

About this home

Investment Opportunity! Discover this unique 12-unit apartment complex located in the Village of Iola! Spanning an entire block, this property consists of two combined buildings with over 39,000 square feet and offers ample space with potential to add additional units or repurpose the other square footage. The complex features off-street parking for tenants, on-site laundry, and inviting common gathering areas, perfect for socializing, card nights, or game day Sundays. Unit layouts include a mix of 2-bedroom/1-bath and 1-bedroom/1-bath apartments. The property boasts a strong rental history, and all units are currently occupied. The other building has potential to be repurposed or could be other potential uses. It was formerly used as a medical facility. The construction materials would be difficult to duplicate for the price this one is being offered at. Lower level features additional storage areas and utility rooms. There is a ton of potential with all the square footage this...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1965
  • Listing ID #:22600132
  • Added:210 day(s) ago
  • Updated:August 13, 2026 at 03:39 PM

Rooms and interior

  • Kitchen Description:Range/Oven, Refrigerator
  • Bedroom Description:Walk-In Closet(s)

Structure and exterior

  • Roof:Flat, Shingle
  • Year built:1965
  • Construction Materials:Brick/Stone, Vinyl
  • Exterior Features:Deck, Patio
  • Levels:1 Story

Schools

  • High school:Iola-Scandinavi
  • Middle school:Iola-Scandinavi
  • Elementary school:Iola-Scandinavi

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$995,000
  • Tax amount:$13,064 (2025)

Features and amenities

  • Appliances:Refrigerator
  • Amenities:Cable/Satellite Available, Ceiling Fan(s), Smoke Detector(s)
The information being provided by Wisconsin Real Estate Exchange is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by seller and other third parties and has not been verified. 2026 Wisconsin Real Estate Exchange All rights reserved.

New listings near 165 S CHET KRAUSE DRIVE #185