Residential Income

Fairfield, IA Residential Income Properties for Sale

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Multi-Family Live-Work Property
Updated: Jun 9
Multi-Family Live-Work Property

303 S Main Street, Fairfield, IA 52556

$197,000
2,008 sqft 0.20 AC lot
Approximately 2,000 sq ft usable space with 2.5 baths and separately metered units for flexible living and income options
Multiple entrances including front, side, and rear access
Detached garage and a side deck with a shaded backyard
Hardwood floors and updated bathroom spaces
Unfinished attic provides potential for expansion or customization
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Three-Unit Two-Story Income Property
Updated: Jun 24
Three-Unit Two-Story Income Property

402 W Hempstead Avenue, Fairfield, IA 52556

$169,000
2,256 sqft 0.11 AC lot
3‑unit property built in 1900 with wood siding and forced‑air heating
Two upstairs 1 bed/1 bath apartments are occupied and rent for $600/month each
Main‑level unit has 2 bedrooms with en‑suite baths and large living/dining areas
Each unit has separately metered utilities and individual billing
Covered front porch, hardwood floors, original wood trim, and large windows
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Fairfield Triplex Near Campus
Fairfield Triplex Near Campus

500 N Main Street, Fairfield, IA 52556

$169,000
3,276 sqft 0.20 AC lot

Triplex near campus with income potential and separate utilities.

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Live-Work Building with Multiple Entrances
Live-Work Building with Multiple Entrances

303 S Main Street, Fairfield, IA 52556

$219,000

Flexible live-work or rental configuration with separately metered units, multiple entrances, and outdoor space.

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Fairfield Duplex Near Hospital
Fairfield Duplex Near Hospital

201 E Lincoln Ave, Fairfield, IA 52556

$282,500
1,516 sqft 6,075.22 AC lot

Well-built duplex with open floor plan and handicap accessibility.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 5 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Residential Income Duplex With Garage
Residential Income Duplex With Garage

304 W State Street, Mount Pleasant, IA 52641

$137,500
1,068 sqft 0.12 AC lot

Duplex-style home features 3 bedrooms, 1½ baths, an attached garage, and a private rear deck and patio.

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Ranch-Style Condo Income Duplex
Ranch-Style Condo Income Duplex

301 E Butternut Lane, Mount Pleasant, IA 52641

$199,000
1,237 sqft 0.13 AC lot

Ranch-style condo with two bedrooms, two full baths, and direct patio access, built in 2002 with included appliances.

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Ottumwa Duplex: Investment Opportunity
Ottumwa Duplex: Investment Opportunity

134 S Cooper Avenue, Ottumwa, IA 52501

$59,999
2,087 sqft 0.15 AC lot

Well-maintained duplex with strong rental income potential in Ottumwa, Iowa.

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Ottumwa Duplex: Investment Opportunity
Ottumwa Duplex: Investment Opportunity

2310 E Main Street, Ottumwa, IA 52501

$75,000
1,967 sqft 0.17 AC lot

Up/down duplex in prime rental area with strong cash flow.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Lot with Golf Course View
Residential Lot with Golf Course View

2313 Lake Trail, Fairfield, IA 52556

$85,000
1.60 AC lot

Ideal lot for building a home with panoramic views.

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Residential Lots in Vedic City
Residential Lots in Vedic City

Grand Drive, Fairfield, IA 52556

$40,000
0.45 AC lot

Residential lots available in Mandala 2 Neighborhood, Fairfield, Iowa.

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Residential Lot in Vedic City
Residential Lot in Vedic City

Jai Avenue, Fairfield, IA 52556

Contact for pricing
0.33 AC lot

Building lot in Mandala 1 neighborhood, Vedic City.

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Residential Land in Mount Pleasant
Residential Land in Mount Pleasant

502 S White St., Mount Pleasant, IA 52641

Contact for pricing
0.26 AC lot

Building lot near amenities, suitable for single-family or duplex.

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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.

16th
MOBILE HOME PARK, TRAILER PARK

16th, Fairfield, IA 52556

Value Estimation by Request
3.55 AC lot
View details
1932 Gear Ave
MOBILE HOME PARK, TRAILER PARK

1932 Gear Ave, Fairfield, IA 52556-9220

Value Estimation by Request
4.67 AC lot
View details
1000 8th St
MOBILE HOME PARK, TRAILER PARK

1000 8th St, Fairfield, IA 52556-2161

Value Estimation by Request
3.39 AC lot
View details
B B
MOBILE HOME PARK, TRAILER PARK

B B, Fairfield, IA 52556

Value Estimation by Request
3.30 AC lot
View details
Fairfield, IA 52556
MOBILE HOME PARK, TRAILER PARK

Fairfield, IA 52556

Value Estimation by Request
1.13 AC lot
View details
Fairfield, IA 52556
MOBILE HOME PARK, TRAILER PARK

Fairfield, IA 52556

Value Estimation by Request
83.57 AC lot
View details

Fairfield, IA Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Fairfield, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 9,056 square feet of properties for sale, with an estimated market value of $1,036,500.

Sale prices for residential income properties in Fairfield, IA start at $169,000, averaging $207,300, and reaching up to $282,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 5
Duplexes 2
Triplexes 2

Demographics Overview

Population 12K
Population Growth (5Y) -15.1%
Median Household Income $55,528
College Educated 81.4%

High-Yield Neighborhoods for Investment

Identify Fairfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
52556 $236.8K

Taxes & Financing

Tax Rate (average for all types) 2.16%
Property Tax per SF $30.55 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Jefferson County

Residential Income

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