Triplex

Fairfield, IA Triplexes for Sale

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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
Updated: Jan 13
Fairfield Triplex Near Campus

500 N Main Street, Fairfield, IA 52556

$169,000
3,276 sqft 0.20 AC lot
New roof, new electric, and new plumbing.
Triplex with potential for a basement studio apartment.
All units are separately metered (water/electric/gas).
Located near campus and Everybody's.
Two units include laundry hookups.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Fairfield, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Grinnell Triplex with Income Potential
Grinnell Triplex with Income Potential

1221 Main Street, Grinnell, IA 50112

$299,000
2,891 sqft 0.28 AC lot

Three-unit property in Grinnell, ideal for investors or owner-occupants.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

1604 5th Avenue, Grinnell, IA 50112

$133,500
2,435 sqft 0.35 AC lot

Tri-plex with three separate units and off-street parking on a large lot near downtown Grinnell.

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Washington, Iowa Multi-Family Property
Washington, Iowa Multi-Family Property

508 N Iowa Avenue, Washington, IA 52353

$120,000
2,146 sqft 0.20 AC lot

Multi-family property in Washington, Iowa, with 2,146 square feet.

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Triplex Income Property
Triplex Income Property

508 N Iowa Ave, Washington, IA 52353

$120,000

Three well-defined units with separate heating systems and established long-term renters near downtown Washington.

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Fairfield, IA Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Fairfield, IA on our real estate platform. These investment opportunities span a total of 5,532 square feet of properties for sale, with an estimated market value of $338,000.

Sale prices for three-family homes in Fairfield, IA start at $169,000, averaging $169,000, and reaching up to $169,000 — 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

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 $169K

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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