Residential Income

Fairfield, IA Residential Income Properties for Sale

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Four-Bedroom Duplex Property
Updated: Jul 28
Four-Bedroom Duplex Property

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

$184,500
1,860 sqft 0.09 AC lot
4‑bedroom, 2‑bath Unit A residence
1,860 square feet on a 0.09‑acre lot
Built in 2003 with forced‑air heating and central air
Kitchen with granite countertops, white cabinetry, backsplash, and appliances
Main‑level hardwood floors and lower‑level family or recreation room
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Duplex with Separate Entrances
Updated: Jun 9
Duplex with Separate Entrances

303 S Main Street, Fairfield, IA 52556

$197,000
2,008 sqft 0.20 AC lot
Approximately 2,008 square feet with 2.50 baths
Separately metered units with front, side, and rear entrances
Detached garage, side deck, and shaded backyard
Unfinished attic offers additional customization space
Hardwood floors and updated bathroom spaces
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Updated Triplex with Separate Garage
Updated Triplex with Separate Garage

500 N Main Street, Fairfield, IA 52556

$169,000
3,276 sqft 0.20 AC lot

Three separately metered units near campus feature a covered porch, appliances, laundry hookups, and varied heating systems.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Four-Unit Multifamily Property
Four-Unit Multifamily Property

206 E Hempstead Ave, Fairfield, IA 52556

$295,000
3,930 sqft

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

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Mixed-Use Restaurant Property
Mixed-Use Restaurant Property

112 N Main Street, Fairfield, IA 52556

$465,000
0.07 AC lot

Brick commercial building combines a fully equipped restaurant with three upstairs residential apartments.

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Accessible Duplex with Open Layout
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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Renovated Apartment Property
Renovated Apartment Property

2065 Libertyville Rd, Fairfield, IA 52556

Contact for pricing

Ten-unit multifamily property with updated interiors, individual laundry, and expansion land under R-3 zoning.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 7 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.

Two-Story Duplex with Carport
Two-Story Duplex with Carport

1146 N Elm Street, Ottumwa, IA 52501

$133,000
2,466 sqft 1.49 AC lot

Two separate residences share a vinyl-sided building with a spacious yard and off-street covered parking.

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Duplex With Attached Garage
Duplex With Attached Garage

304 W State Street, Mount Pleasant, IA 52641

$129,900
1,068 sqft 0.12 AC lot

Two-level property with private outdoor areas, central air, and a detached storage shed.

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Remodeled Mixed-Use Building
Remodeled Mixed-Use Building

113 N Jefferson Street, Mount Pleasant, IA 52641

$199,000
0.07 AC lot

Brick commercial property combining updated office space, an upstairs apartment, and rear off-street parking.

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Updated Duplex with Garage
Updated Duplex with Garage

134 S Cooper Avenue, Ottumwa, IA 52501

$59,999
2,087 sqft 0.15 AC lot

Two two-bedroom units provide one full bath each, with shared outdoor space and public water service.

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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

$82,000
1.60 AC lot

Ideal lot for building a home with panoramic views.

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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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Residential Lot in Bell Estates
Residential Lot in Bell Estates

906 S Smith St., Mount Pleasant, IA 52641

$46,500
0.45 AC lot

Residential lot in new subdivision near McMillian Park.

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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

$235,000
Estimated value
3.55 AC lot
View details
1932 Gear Ave
MOBILE HOME PARK, TRAILER PARK

1932 Gear Ave, Fairfield, IA 52556-9220

$225,000
Estimated value
4.67 AC lot
View details
1000 8th St
MOBILE HOME PARK, TRAILER PARK

1000 8th St, Fairfield, IA 52556-2161

$235,000
Estimated value
3.39 AC lot
View details
B B
MOBILE HOME PARK, TRAILER PARK

B B, Fairfield, IA 52556

$215,000
Estimated value
3.30 AC lot
View details
Fairfield, IA 52556
MOBILE HOME PARK, TRAILER PARK

Fairfield, IA 52556

$215,000
Estimated value
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 13 residential income properties for sale in Fairfield, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 12,590 square feet of properties for sale, with an estimated market value of $1,593,000.

Sale prices for residential income properties in Fairfield, IA start at $169,000, averaging $265,500, and reaching up to $465,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 7
Duplexes 3
Triplexes 2
Apartment buildings 1
Quadplexes 1

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 $250.9K

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%

Listings Trend

New vs delisted commercial listings in Jefferson County

New Delisted

Total CRE Inventory on Market (SF)

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