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Duplex with Separate Entrances
For Sale
$197,000

303 S Main Street, Fairfield, IA 52556

Residential Income, Fairfield, IA

Property Size2,008 SF
Lot Size0.20 Acres
Price / SF$98.11
Days on Market96

Property Features for 303 S Main Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Garage - Detached
Basement Full
Subdivision NEW PLAT
Directions From W Burlington Ave, turn south on Main
Standard status Active
APN 0625384002
Size 2,008 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description NEW PLAT S 1/2 LTS 3 & 4 BLK 20
Tax Annual Amount 1428
Legal Description NEW PLAT S 1/2 LTS 3 & 4 BLK 20

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

multiple entrances
hardwood floors
updated bathroom spaces
side deck
garage space
shaded backyard
unfinished attic

Building Details

Year built 1900
Floors in Building 1
Number of units 2
Building materials Frame, Wood Siding
Roof type Metal
Listing Agency: Fairfield Real Estate
Listed By: Tammy Dunbar · License #B38077
Added: Jun 9 Changed: Sep 7 Last Checked: Sep 12 at 6:06AM
MLS# 6339236

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1900, this approximately 2,008-square-foot duplex includes separately metered units, multiple front, side, and rear entrances, and 2.50 baths. Interior features include hardwood flooring and updated bathroom areas, while the property also offers a side deck, shaded backyard, and an unfinished attic for additional customization. A detached garage provides on-site parking and storage.

The 0.2-acre property is served by public water and public sewer. Frame construction, wood siding, a metal roof, and forced-air heating are in place. The building was most recently used as a bakery and is located near shopping, dining, services, and other everyday amenities in Fairfield.

Key Highlights

  • Approximately 2,008 square feet with 2.50 baths
  • Separately metered units with front, side, and rear entrances
  • Detached garage, side deck, and shaded backyard

Property Analytics

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Current Use

Bountiful Bakery Bakery

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Carpet & Flooring Store Locksmith Barber Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

858
Businesses Nearby

Demographics for 52556, IA

11,736
Population
6,141
Households
1.9
Avg Household Size
48
Median Age
46%
College-Educated
97%
High-School Grad
175.5 sq mi
ZIP Area
67
Density / Sq Mi
$55,528
Median Household Income
$31,210
Median Earnings
$877
Median Rent
$168,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with flexible living arrangements, detached garage, hardwood floors, and public utilities.
Where is this duplex located?
The property is located at 303 S Main Street Fairfield, IA.
What is the asking price?
The asking price for this property is $197,000.
What are key features of this property?
This property features: Approximately 2,008 square feet with 2.50 baths; Separately metered units with front, side, and rear entrances; Detached garage, side deck, and shaded backyard
More about this property
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