Fourplex with Two-Bedroom
For Sale
$199,999
602 W Broadway Avenue, Fairfield, IA 52556
Four-unit residential property with a two-and-two bedroom unit mix, currently vacant and requiring renovation.
Property Size1,976 SF
Price / SF$101.21
Days on Market8
Property Features for 602 W Broadway Avenue
General Information
Standard status
Active
Size
1,976 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
in need of TLC
Units
Unit Mix
2 x 2BR, 2 x 1BR
Multifamily Units
4
Building Details
Year Built
1880
Listing Agency:
Jeff Hagel Real Estate
Listed By:
Jeffrey Hagel · License #NOC505832
(952) 529-0066
Source:
Janefischer
Added: Sep 15
Changed: Sep 20
Last Checked: Sep 20 at 5:40AM
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 Jeff Hagel Real Estate
Investment Insights
Based on property information with market context.
This fourplex contains two two-bedroom units and two one-bedroom units within a 1,976-square-foot residential property built in 1880. The building is currently vacant and requires renovation work. The property was recently red-tagged, and the source information identifies estimated work of approximately $35K to $50K.
Located at 602 W Broadway Avenue in Fairfield, Iowa, the property offers a four-unit configuration for residential income use. Net monthly rent is reported at $4,200 when tenants pay all utilities.
Located at 602 W Broadway Avenue in Fairfield, Iowa, the property offers a four-unit configuration for residential income use. Net monthly rent is reported at $4,200 when tenants pay all utilities.
Key Highlights
- Four‑unit property with two 2‑bedroom units and two 1‑bedroom units
- 1,976‑square‑foot building constructed in 1880
- Currently vacant
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
990
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?
Quadplex - Four-unit residential property with a two-and-two bedroom unit mix, currently vacant and requiring renovation.
Where is this quadplex located?
The property is located at 602 W Broadway Avenue Fairfield, IA.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Four‑unit property with two 2‑bedroom units and two 1‑bedroom units; 1,976‑square‑foot building constructed in 1880; Currently vacant
