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Duplex with Updated Lower Level
For Sale
$145,000

Fairfield, IA 52556, Fairfield, IA 52556

Residential Income, Fairfield, IA

Property Size2,366 SF
Lot Size0.10 Acres
Price / SF$61.28
Days on Market18

Property Features

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential-Multi-Family
Basement Full
Lot features Irregular Lot, Corner Lot
Subdivision HENN-WILLIAMS & COS
Standard status Active
Size 2,366 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2386

Utilities

Heating system Forced Air, Baseboard
Water source Public

Building Details

Year built 1900
Floors in Building 1
Number of units 2
Building materials Frame, Metal Siding
Roof type Shingle
Listing Agency: Fairfield Real Estate
Listed By: Loren Town · License #***
Added: Sep 23 Changed: Oct 8 Last Checked: Oct 10 at 7:06AM
MLS# 6343020

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 2,366-square-foot duplex sits on a 0.1-acre lot and dates to 1900. The upstairs unit has two bedrooms and one bathroom, along with original wood floors, a family room, a large kitchen, laundry hookups in a kitchen closet, and an extra-large primary bedroom. The lower level is described as entirely new. The property has frame construction with metal siding, shingle roofing, forced-air and baseboard heating, and public water. Zoning is Residential-Multi-Family.

The property is near Everybody's and campus, with the square reachable on foot or by bicycle.

Key Highlights

  • 2,366‑square‑foot duplex on a 0.1‑acre lot
  • Upper unit has 2 bedrooms and 1 bathroom
  • Upper unit features original wood floors and an extra‑large primary bedroom

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - An upper residence offers two bedrooms, one bathroom, original wood flooring, and laundry hookups in the kitchen closet.
Where is this duplex located?
The property is located at Fairfield, IA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 2,366‑square‑foot duplex on a 0.1‑acre lot; Upper unit has 2 bedrooms and 1 bathroom; Upper unit features original wood floors and an extra‑large primary bedroom
More about this property
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