Triplex

Fairfield, IA Triplexes for Sale

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Triplex with Separate Garage
Updated: Jan 13
Triplex with Separate Garage

500 N Main Street, Fairfield, IA 52556

$169,000
3,276 sqft 0.20 AC lot
3,276 SF triplex with two main‑level apartments and an upstairs unit
0.2‑acre property near campus and Everybody’s in Fairfield
New roof, electrical work, and plumbing
Water, electric, and gas are separately metered
Separate garage included with the property
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Mixed-Use Building with Restaurant
Updated: Aug 6, 2025
Mixed-Use Building with Restaurant

112 N Main Street, Fairfield, IA 52556

$465,000
0.07 AC lot
Two‑story mixed‑use building at 112 N Main Street, Fairfield, IA 52556
Restaurant level includes 2 commercial kitchens and an authentic Italian brick pizza oven
Three 1‑bedroom, 1‑bath apartments, each with a private kitchen
All 3 apartments are currently rented
Sale includes restaurant equipment, appliances, fixtures, TVs, bar setup, utensils, and small wares
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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.

Restored Mixed-Use Building
Restored Mixed-Use Building

325 E Main St, Ottumwa, IA 52501

$560,000
3,500 sqft

Downtown property combines an open commercial main level with three remodeled upstairs apartments.

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Three-Unit Mixed-Use Building
Three-Unit Mixed-Use Building

402 Richmond Ave, Ottumwa, IA 52501

$149,000
2,200 sqft

Mixed-use configuration includes apartments, office areas, and a kitchenette within one commercial property.

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Two-Story Triplex with Detached Garage
Two-Story Triplex with Detached Garage

1225 Agency Street, Burlington, IA 52601

$59,900
1,828 sqft 0.23 AC lot

Three residential units share a front entry, with a detached garage and shared driveway.

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Three-Unit Triplex with Detached Garage
Three-Unit Triplex with Detached Garage

1225 Agency Street, Burlington, IA 52601

Contact for pricing

Two-story residential income property with three distinct apartments and shared access.

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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 3,276 square feet of properties for sale, with an estimated market value of $634,000.

Sale prices for three-family homes in Fairfield, IA start at $169,000, averaging $317,000, 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

Duplexes 4
Quadplexes 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 $317K

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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