Search
Triplex with Covered Porch
For Sale
$169,000

500 N Main Street, Fairfield, IA 52556

Triplex with covered porch, multiple bedrooms per unit, separate utilities, and recent roof, electric, and plumbing updates.

Property Size3,276 SF
Price / SF$51.59
Days on Market199

Property Features for 500 N Main Street

General Information

Standard status Active
Size 3,276 SF
Property subtype Residential Income

Building Details

Building Size 3,276 SF
Year Built 1891
Listing Agency: Fairfield Real Estate
Listed By: Tammy Dunbar · License #***
Source: Sweeneyrealestate
Added: Jan 13 Changed: Jul 30 Last Checked: Jul 31 at 1:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fairfield Real Estate

Investment Insights

Based on property information with market context.

This triplex at 500 N Main Street offers a covered porch and a welcoming entry area. The property includes three separate apartment units plus a separate garage that is currently rented. Each unit is independently metered for water, electric, and gas, supporting separate utility management. Basement and main-level apartments have separate furnaces, while the upstairs units use electric baseboard heat.

The main level includes a two-bedroom unit with a stove/refrigerator and laundry hookups, and the second unit is also a two-bedroom setup with appliances and laundry hookups. The upstairs unit is currently rented and includes a stove and refrigerator. The basement presents potential for an additional studio apartment.

Updates include a new roof, new electric, and new plumbing. Built in 1891, the property’s configuration and separate systems are well suited for an owner looking to manage multiple residences within a single triplex portfolio.

Key Highlights

  • Covered porch and inviting entry area
  • Three separately metered units with water, electric, and gas
  • New roof, new electric, and new plumbing

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Garden Center Pharmacy Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

958
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Triplex with covered porch, multiple bedrooms per unit, separate utilities, and recent roof, electric, and plumbing updates.
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: Covered porch and inviting entry area; Three separately metered units with water, electric, and gas; New roof, new electric, and new plumbing
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message