Fairfield, IA Multifamily properties for sale

Updated: Oct 28

Duplex with Two-Car Garages

604 & 606 Lindenwood Court, Fairfield, IA 52556

$440,000

2,584 sqft 0.29 AC lot

Two units, each with 2 bedrooms and 2 bathrooms
2,584 square feet of finished living area combined
0.29‑acre lot; built in 1995
Two‑car garage for each residence
Full poured basement on both sides

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Updated: Oct 28

Duplex with Two-Car Garages

612 & 614 Lindenwood Court, Fairfield, IA 52556

$440,000

2,560 sqft 0.32 AC lot

Two separately parceled units
2,560 square feet total; 1,280 square feet of finished living area per unit
Two bedrooms and two bathrooms in each unit
Full poured basement, appliances, and rear deck in both units
Two‑car garage and large parking apron for each residence

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Two-Unit Duplex with Garages

608 & 610 Lindenwood Court, Fairfield, IA 52556

$485,000

2,676 sqft 0.45 AC lot

Each residence has two bedrooms, two bathrooms, a fireplace, and a full basement.

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Four-Unit Multifamily Property

206 E Hempstead Ave, Fairfield, IA 52556

$284,900

3,930 sqft

Converted rental building with shared laundry, recent exterior upgrades, and on-site storage structures.

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Duplex with Separate Entrances

303 S Main Street, Fairfield, IA 52556

$197,000

2,008 sqft 0.20 AC lot

Two-unit property with flexible living arrangements, detached garage, hardwood floors, and public utilities.

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Triplex with Separate Garage

500 N Main Street, Fairfield, IA 52556

$169,000

3,276 sqft 0.20 AC lot

Separate metering for water, electric, and gas supports distinct utility accounting across the residential units.

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Four-Bedroom Duplex Property

305 S 12th Street Unit A, Fairfield, IA 52556

$184,500

1,860 sqft 0.09 AC lot

Split-level residence with an open main level, two full baths, and outdoor space.

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4-Unit Quadplex

602 W Broadway Avenue, Fairfield, IA 52556

$195,000

The apartments include both one- and two-bedroom layouts, each with one bathroom.

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Duplex with Updated Lower Level

Fairfield, IA 52556

$145,000

2,366 sqft 0.10 AC lot

An upper residence offers two bedrooms, one bathroom, original wood flooring, and laundry hookups in the kitchen closet.

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Mixed-Use Property with Restaurant

112 N Main Street, Fairfield, IA 52556

$455,000

0.07 AC lot

Three second-floor apartments sit above a restaurant, and all four units are currently rented.

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Accessible Duplex with Open Layout

201 E Lincoln Ave, Fairfield, IA 52556

$282,500

1,516 sqft 6,075.22 AC lot

Handicap-accessible residence with no steps, central air, and HOA-provided lawn and snow service.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 11 Active listings in Fairfield, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Duplex

1146 N Elm Street, Ottumwa, IA 52501

$133,000

2,466 sqft 1.49 AC lot

Each apartment has two bedrooms, a living area, a kitchen, and a full bathroom.

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Two-Unit Duplex with Carport

1146 N Elm St, Ottumwa, IA 52501

$133,000

2,466 sqft

Separate upper and lower units with owner-paid water and tenant-paid gas and electric.

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Mixed-Use Building With Apartments

116 S Main Street, Mount Pleasant, IA 52641

$215,000

0.09 AC lot

Commercial building combines a retail-level space with two one-bedroom apartments.

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Mixed-Use Building with Apartments

116 S Main Street, Mount Pleasant, IA 52641

Contact for pricing

Historic commercial property combines a substantial storefront with two updated one-bedroom residential units above.

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Off-Market Properties in Fairfield, IA

Consider similar Off-Market properties in Fairfield, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

16th, Fairfield, IA 52556

Estimated value:

$235,000

3.55 AC lot

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MOBILE HOME PARK, TRAILER PARK

1932 Gear Ave, Fairfield, IA 52556-9220

Estimated value:

$225,000

4.67 AC lot

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MOBILE HOME PARK, TRAILER PARK

1000 8th St, Fairfield, IA 52556-2161

Estimated value:

$235,000

3.39 AC lot

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MOBILE HOME PARK, TRAILER PARK

B B, Fairfield, IA 52556

Estimated value:

$215,000

3.30 AC lot

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MOBILE HOME PARK, TRAILER PARK

Fairfield, IA 52556

Estimated value:

$215,000

1.13 AC lot

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MOBILE HOME PARK, TRAILER PARK

Fairfield, IA 52556

Estimated value: by Request

83.57 AC lot

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Fairfield, IA Multifamily Properties Market Trends and Statistics

Explore 17 multifamily properties for sale in Fairfield, IA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 22,776 square feet of properties for sale, with an estimated market value of $3,277,900.

Sale prices for multifamily properties in Fairfield, IA start at $145,000, averaging $297,990, and reaching up to $485,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
52556	$246.8K

Neighborhood

Average Price

52556

$246.8K

Featured Fairfield Real Estate Agencies

Realmo connects you with licensed Fairfield CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Fairfield Real Estate

52 E Burlington Fairfield, IA

Phone: (641) 472-2353

Village Realty

60 N Main St Fairfield, IA

Phone: (641) 472-9900