Great investment opportunity in this spacious 3-unit property with classic two-story curb appeal, a covered front porch, hardwood floors, original wood trim, large windows, and generous interior living spaces. The two upstairs 1 bedroom/1 bath apartments are currently occupied and rent for $600/month each. The main-level apartment is available to rent or owner-occupy, offering 2 bedrooms, both with en-suite baths, plus large living/dining areas and access to a carport and shared backyard. Utilities are separately metered for each unit and billed individually.
Active
$169,000
402 W Hempstead Ave, Fairfield, IA 52556
--beds
0baths
2,256sqft
Triplex
Built in 1900
-- sqft lot
$111,400 Zestimate®
$75/sqft
$-- HOA
What's special
Two-story curb appealOriginal wood trimLarge windowsHardwood floorsGenerous interior living spacesShared backyardCovered front porch
- 1 day |
- 73 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Michaela McLain 641-451-1595,
Village Realty
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6339662
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,256 sqft
Property
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 4,791 Square Feet
- Dimensions: 35 x 132
Details
- Parcel number: 0626431006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: GAGES
HOA
- Has HOA: No
Location
- Region: Fairfield
Financial & listing details
- Price per square foot: $75/sqft
- Tax assessed value: $127,700
- Annual tax amount: $2,126
- Date on market: 6/24/2026
- Cumulative days on market: 2 days
Estimated market value
$111,400
$85,000 - $140,000
$1,010/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listed for sale | $169,000+96.5%$75/sqft |
Source: | ||
| 12/23/2016 | Sold | $86,000+7.5%$38/sqft |
Source: Public Record Report a problem | ||
| 2/1/2006 | Sold | $80,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,110 +4.8% | $127,700 +16.8% |
| 2024 | $2,014 -13.2% | $109,300 |
| 2023 | $2,320 -13.2% | $109,300 -2.4% |
| 2022 | $2,674 +27% | $112,000 |
| 2021 | $2,106 -6.5% | $112,000 +34.9% |
| 2020 | $2,252 +0.9% | $83,000 |
| 2019 | $2,232 -2.9% | $83,000 +10.8% |
| 2018 | $2,298 +4.5% | $74,900 -2.5% |
| 2017 | $2,198 +9.2% | $76,800 |
| 2016 | $2,012 | $76,800 +22.9% |
| 2015 | $2,012 | $62,500 +0.5% |
| 2014 | $2,012 -7.8% | $62,200 |
| 2013 | $2,182 +2% | -- |
| 2012 | $2,140 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 52556
Nearby schools
GreatSchools rating
- NAWashington Elementary SchoolGrades: PK-1Distance: 0.7 mi
- 6/10Fairfield Middle SchoolGrades: 5-8Distance: 1.1 mi
- 3/10Fairfield High SchoolGrades: 9-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Jefferson County
- Fairfield
- 52556
- 402 W Hempstead Ave





