Own this triplex right off the square and be on the pulse of downtown Fairfield action! This money-making, seldom vacant triplex can bring in $2000 a month fully rented. Live in the spacious 2 bedroom main level apartment and open your business in this property located ideally for retail or any business! Your office greats maximum exposure here! Separately metered electric but water and heat are included in the rent. Come tour today and discover the many charming features of each spacious apartment--add value with a few key updates. The bones are solid and the timeless architectural details like beamed ceilings and unusually roomy kitchens bring potentiality. Add your personal touch and maximize value--don't miss the excellent price-to-income ratio! Here, rental income offsets your monthly mortgage payments. Calling all savvy investors or homeowners looking to build equity. Large units, high ceilings, and abundant natural light make this todays standout deal!
Active
$165,000
122 S Main St, Fairfield, IA 52556
--beds
0baths
1,980sqft
Est.:
Triplex
Built in 1900
-- sqft lot
$-- Zestimate®
$83/sqft
$-- HOA
What's special
- 114 days
- on Zillow |
- 86 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 06:01pm
Listed by:
Lisa Moseley 301-466-6400,
Fairfield Real Estate
Source: NoCoast MLS,MLS#: 6323902

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Features
- Basement: Block,Egress Window(s),Finished,Full,Concrete
- Has fireplace: No
Interior area
- Total interior livable area: 1,980 sqft
Property
Parking
- Parking features: Concrete, Common, Additional Parking, Unassigned
Accessibility
- Accessibility features: None
Lot
- Size: 3,920.4 Square Feet
- Dimensions: 44 x 87
Details
- Parcel number: 0625160002
- Zoning: Business/Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Block, Brick, Log Siding, Stucco
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: OLD PLAT FAIRFIELD
HOA
- Has HOA: No
- HOA name: SEIA
Location
- Region: Fairfield
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $100,900
- Annual tax amount: $1,948
- Date on market: 4/29/2025
- Tenant pays: Electricity, Fuel, Water
- Road surface type: Paved
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