Triplex with Separate
For Sale
$169,000
500 N Main Street, Fairfield, IA 52556
Residential Income, Fairfield, IA
Property Size3,276 SF
Lot Size0.20 Acres
Price / SF$51.59
Days on Market242
Property Features for 500 N Main Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Basement
Full
Subdivision
HENN-WILLIAMS & COS
Directions
Located on North Main between Lowe and Kirkwood on the west side of the street.
Standard status
Active
APN
0625157008
Size
3,276 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HENN WILLIAMS LT 4 BLK 16
Tax Annual Amount
2670
Legal Description
HENN WILLIAMS LT 4 BLK 16
Utilities
Heating system
Forced Air
Water source
Public
Amenities
covered porch
laundry hookups
Building Details
Year built
1891
Floors in Building
2
Number of units
3
Building materials
Wood Siding
Roof type
Metal
Listing Agency:
Fairfield Real Estate
(641) 472-2353
Listed By:
Tammy Dunbar · License #B38077
(641) 919-2625
Added: Jan 13
Changed: Sep 11
Last Checked: Sep 12 at 5:06AM
MLS# 6334807
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.
This 3,276-square-foot triplex includes two main-level residences and an upstairs apartment, with two bedrooms identified in each main-level unit. The residences include kitchen appliances or hookups, and laundry hookups are provided in the two main-level apartments. A separate garage is included, while the basement is identified as having potential for a studio apartment.
The property sits on 0.2 acres near campus and Everybody’s in Fairfield. Improvements include a new roof, new electrical work, and new plumbing. Water, electric, and gas are separately metered. The basement and main-level apartment use separate forced-air furnaces, while the upstairs apartments use electric baseboard heat. The building was constructed in 1891 and has wood siding, a metal roof, and public water.
The property sits on 0.2 acres near campus and Everybody’s in Fairfield. Improvements include a new roof, new electrical work, and new plumbing. Water, electric, and gas are separately metered. The basement and main-level apartment use separate forced-air furnaces, while the upstairs apartments use electric baseboard heat. The building was constructed in 1891 and has wood siding, a metal roof, and public water.
Key Highlights
- 3,276 SF triplex with two main‑level apartments and an upstairs unit
- 0.2‑acre property near campus and Everybody’s in Fairfield
- New roof, electrical work, and plumbing
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
977
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Separate metering for water, electric, and gas supports distinct utility accounting across the residential units.
Where is this triplex located?
The property is located at 500 N Main Street Fairfield, IA.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: 3,276 SF triplex with two main‑level apartments and an upstairs unit; 0.2‑acre property near campus and Everybody’s in Fairfield; New roof, electrical work, and plumbing
