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Fairfield, IA Apartment Buildings for Sale

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Renovated Apartment Property
Updated: Apr 11
Renovated Apartment Property

2065 Libertyville Rd, Fairfield, IA 52556

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10 apartment units on 3.2 acres of R‑3 zoned land
All units are 2BR/1BA
Recently renovated interiors with stainless steel appliances, LVT flooring, and stone countertops
Washer/dryer included in every unit
Tenant pays electric, gas & water/sewer; landlord pays trash
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Fairfield, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated 12-Unit Apartment Building
Renovated 12-Unit Apartment Building

206 Weaver Road, Bloomfield, IA 52537

$600,000
1.26 AC lot

Multifamily property with varied unit layouts, updated kitchens, included appliances, and onsite coin-operated laundry.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

113 114 E Jefferson St, Bloomfield, IA 52537

$350,000

Occupied apartments and commercial space combine residential and retail income within one downtown building.

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7-Unit Apartment Building
7-Unit Apartment Building

436 N Jefferson Street, Ottumwa, IA 52501

$165,000

Occupied units feature separate electric metering, with landlord-paid water, sewer, and trash.

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Elderly Section 8 Apartment Portfolio
Elderly Section 8 Apartment Portfolio

118 S Union St, Ottumwa, IA 52501

Contact for pricing

Two elderly-designated apartment communities with 100% Project-Based Section 8 coverage under renewed contracts.

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Fairfield, IA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Fairfield, IA on our real estate platform.

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Demographics Overview

Population 12K
Population Growth (5Y) -15.1%
Median Household Income $55,528
College Educated 81.4%

Taxes & Financing

Tax Rate (average for all types) 2.16%
Property Tax per SF $30.55 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jefferson County

New Delisted

Total CRE Inventory on Market (SF)

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