Fayette, IA
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    Fayette, IA Residential Income Properties for Sale

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    Arlington, IA Westgate, IA West Union, IA
    Mixed-Use Property in Downtown Fayette
    $60,000
    5,395 SF

    Mixed-Use Property in Downtown Fayette

    152 S Main Street, Fayette, IA 52142

    Three buildings with mixed-use potential in a college town.

    • Three buildings included in the property sale.
    • Main building features a 3‑bedroom apartment (or two separate apartments) for rental income.
    • Over 3000 sq ft of open space on the main floor between two attached buildings.
    • Located in downtown Fayette, a college town.
    • Versatile property suitable for various businesses (e.g., brewery, coffee house, restaurant).
    Updated: May 6, 2025
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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Fayette, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

    Versatile Commercial Space in Manchester
    $425,000
    14,850 SF

    Versatile Commercial Space in Manchester

    Historic commercial building with retail, storage, and residential potential.

    107 S Franklin St, Manchester, IA 52057
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    Versatile Historic Manchester Building
    $489,900
    15,000 SF

    Versatile Historic Manchester Building

    Prime downtown location with retail, warehousing, and residential potential.

    107 S Franklin St, Manchester, IA 52057
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    Edgewood, IA Income-Generating Property
    $180,000

    Edgewood, IA Income-Generating Property

    Three buildings with apartments, restaurant, and bar in Edgewood.

    115 N Washington Street, Edgewood, IA 52042
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    Established Restaurant with Apartment Above
    $250,000

    Established Restaurant with Apartment Above

    Turn-key restaurant with a two-bedroom apartment in Edgewood, Iowa.

    100 N Washington Street, Edgewood, IA 52042
    View details

    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 Land in West Union
    $68,000
    2.49 Acres

    Residential Land in West Union

    2.49 acre residential lot for sale in West Union.

    LOTS 5&6 Street, West Union, IA 52175
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    Sumner Land: Build Your Dream
    $57,900
    0.70 Acres

    Sumner Land: Build Your Dream

    Premier Sumner location to build your dream home.

    340 Yard Drive, Sumner, IA 50674
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    Sumner Land: Build Your Dream
    $57,900
    0.70 Acres

    Sumner Land: Build Your Dream

    Residential land in Sumner, Iowa, ideal for building a home.

    330 Yard Drive, Sumner, IA 50674
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    Sumner Land: Build Your Dream
    $57,900
    0.81 Acres

    Sumner Land: Build Your Dream

    Residential land in Sumner, IA, ideal for building a home.

    320 Yard Drive, Sumner, IA 50674
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    Off-Market Properties in Fayette, IA

    Consider similar Off-Market properties in Fayette, 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.

    404 Wadena Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.47 Acres
    Value Estimation by Request

    404 Wadena Rd, Fayette, IA 52142-9165

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    18450 I Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 676.22 Acres
    Value Estimation by Request

    18450 I Ave, Fayette, IA 52142

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    18236 I Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 414.04 Acres
    Value Estimation by Request

    18236 I Ave, Fayette, IA 52142

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    16292 Hl Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 622.87 Acres
    Value Estimation by Request

    16292 Hl Rd, Fayette, IA 52142

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    Fayette, IA 52142
    MOBILE HOME PARK, TRAILER PARK
    Lot: 26.50 Acres
    Value Estimation by Request

    Fayette, IA 52142

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    Fayette, IA Residential Income Properties Investment Opportunities Market Analysis

    Explore 6 residential income properties for sale in Fayette, IA on our real estate platform. These investment opportunities span a total of 5,395 square feet of properties for sale, with an estimated market value of $60,000.

    Sale prices for residential income properties in Fayette, IA start at $60,000, averaging $60,000, and reaching up to $60,000 — 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

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 1,992
    Population Growth (5Y) +13.0%
    Median Household Income $48,718
    College Educated 36.0%

    Taxes & Financing

    Tax Rate (average for all types) 2.15%
    Property Tax per SF $16.58 per sq ft
    Tax Rate vs County Average 0.34 pp below county avg
    Average Loan-to-Value 65.0%

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