307 E Briggs Avenue Fairfield, IA $ 140,000
307 E Briggs Avenue
$ 140,000
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307 E Briggs Avenue

Fairfield, IA, 52556
$ 140,000
Baths0.0 Sq 2,456

Monthly Estimate*

$ 862

307 E Briggs Avenue, Fairfield, IA 52556 - Image 1
307 E Briggs Avenue, Fairfield, IA 52556 - Image 2
307 E Briggs Avenue, Fairfield, IA 52556 - Image 3
307 E Briggs Avenue, Fairfield, IA 52556 - Image 4
307 E Briggs Avenue, Fairfield, IA 52556 - Image 5
Studio

Multi-Family Home for sale in Fairfield, IA

for $140,000. This 2,456 square foot home was built in 1880 on a lot size of 0.19.

Welcome to a great triplex with fabulous layout--& its fully rented! This well-maintained property features three spacious apartments. Apt #1 rents for $750 & has 12-ft ceilings, original hardwood floors, and oversized rooms--living/dining room & 2 beds. Large windows flood the apartments with light--they were replaced in 2024. Apt 2 is a 1 bed that currently rented for $600, with east entrance & Apt 3 is a 1 bed on northside upstairs & rents for $525. A solid investment with vintage appeal, including new windows & basement improvements, this triplex has strong long-term investment potential. All apartments are separately metered for all utilities. Value added with basement improvements for structural integrity. Passive income --you can live in one & pay the mortgage with rental income from the other 2 so schedule your viewing today! You'll find historic charm & a great investment opportunity in vibrant Fairfield Iowa!

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Multi-Family Active

Price

$ 140,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,354

Style

Lot Size

0.19

Year Built

1880

Town/City

Fairfield

County/Region

Jefferson

MLS | Web ID

6335162

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Garage Spaces 0
Construction Materials Wood Siding Brick Block
Year Built 1880
Stories Count 2
Property Subtype Triplex
Tax Year 2024
Gross Income 22500
Accessibility None
County Jefferson
Net Operating Income 16500
Operating Expense 0
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name NEW PLAT
Status Active
Directions E. Briggs towards HS --on left.
Association Name SEIA
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 8276.4
Tax Annual Amount 1354
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Living Area Units Square Feet
Standard Status Active
Legal Description NEW PLAT E 16' LT 8 & W 48' LT 9 BLK 31
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Interior
Basement Crawl Space Block Unfinished
Total Fireplaces 0
Fireplace Y/N N
Total Baths 0
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Exterior
Water Source Public
Lot Dimensions 64X132
Lot Size Acres 0.19
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* Excluded Features
List By
Lisa Moseley

Listing Agent

Village Realty

Broker

limoseley1@gmail.com

Email

Affordability Calculator

$975
Per Month
88%
12%
0%
Monthly Principal & Interest
$862
Monthly Property Taxes
$113
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
3/2/2026$135,000 -6.90% Price Down
1/28/2026$145,000 Listed Price

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307 E Briggs Avenue, Fairfield, IA, 52556 is a Multi-Family Home for sale at $140,000 with 2,456 sqft and a lot size of 0.19. 307 E Briggs Avenue is a studio with 0.0 baths and was built in 1880. The property's zip code is 52556 which is in Fairfield, IA