500 N Main Street Fairfield, IA $ 169,000
500 N Main Street
$ 169,000
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500 N Main Street

Fairfield, IA, 52556
$ 169,000
Baths0.0 Sq 3,276

Monthly Estimate*

$ 1,041

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Studio

Multi-Family Home for sale in Fairfield, IA

for $169,000. This 3,276 square foot home was built in 1891 on a lot size of 0.2.

Triplex located near campus and Everybody's. Covered porch and nice entry area. Main level unit rents for $650/month and includes a stove/refrigerator and laundry hookups & 2 bedrooms. Second unit rents for $750/month and has appliances and laundry hookups & 2 bedrooms. Upstairs unit (currently rented) rents for $550/month with stove & refrigerator. Separate garage is rented for $50/month. Potential in basement for a studio apartment. Basement & main-level apartment have separate furnaces. Upstairs apartments have electric baseboard. New roof, new electric, & new plumbing. All separately metered (water/electric/gas). Your opportunity to grow your portfolio.

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Multi-Family Active

Price

$ 169,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,542

Style

Lot Size

0.2

Year Built

1891

Town/City

Fairfield

County/Region

Jefferson

MLS | Web ID

6334807

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Roof Metal
Garage Spaces 2
Construction Materials Wood Siding
Year Built 1891
Electric Circuit Breakers
Stories Count 2
Property Subtype Triplex
Tax Year 2024
Gross Income 24000
Accessibility None
County Jefferson
Operating Expense 2542
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name HENN-WILLIAMS & COS
Status Active
Directions Located on North Main between Lowe and Kirkwood on the west side of the street.
Association Name SEIA
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 8712
Tax Annual Amount 2542
Electric Expense 250
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Living Area Units Square Feet
Standard Status Active
Legal Description HENN WILLIAMS LT 4 BLK 16
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Interior
Basement Full
Total Fireplaces 0
Fireplace Y/N N
Below Grade Finished Area 0
Total Baths 0
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Exterior
Water Source Public
Lot Dimensions 66X132
Lot Size Acres 0.2
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Tammy Dunbar

Listing Agent

Fairfield Real Estate

Broker

641-472-2353

Contact

Affordability Calculator

$1,252
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,041
Monthly Property Taxes
$212
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$169,000 Listed Price

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500 N Main Street, Fairfield, IA, 52556 is a Multi-Family Home for sale at $169,000 with 3,276 sqft and a lot size of 0.2. 500 N Main Street is a studio with 0.0 baths and was built in 1891. The property's zip code is 52556 which is in Fairfield, IA