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Pending
  • $225,000

    300 E Buchanan Ave, Fairfield, IA 52556

    --beds
    0baths
    3,696sqft
    : 
    Quadruplex
    Built in 1993
    -- sqft lot
    $-- Zestimate®
    $61/sqft
    $-- HOA

    What's special

    Investment Opportunity: Discover this rare opportunity to own a solid income-producing 4-plex, built in 1993 and set on a generous 3-acre lot of green space. Each unit offers 2 bedrooms, 2 bathrooms, central air, separately metered, carport parking plus additional on-site parking, a private storage unit, and access to on-site laundry. With a mix of long-term tenants already in place, you can start earning rental income immediately. The property offers strong potential for cash flow and future appreciation. Listing brokerage is the current property manager. Whether you're expanding your portfolio or diving into multi-family investing, this property is a mix of what you have been looking for.
    70 days
    on Zillow
    |
    20
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 29, 2025 at 06:01pm

    Listed by:

    Tammy Dunbar 641-919-2625,

    Fairfield Real Estate

    Source: NoCoast MLS,MLS#: 6328660MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Other
    • Level: Main
    Heating
    • Forced Air
    Appliances
    • Laundry: Common Area
    Features
    • Basement: Slab
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,696 sqft

    Property

    Parking
    • Parking features: Carport, Gravel
    • Has carport: Yes
    Accessibility
    • Accessibility features: No Stairs External, No Stairs Internal
    Features
    • Stories: 1
    Lot
    • Size: 2.93 Acres
    • Dimensions: 2.93 acres m/l
    Details
    • Parcel number: 06363270118
    • Zoning: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Frame, Stucco
    • Roof: Shingle
    Condition
    • Year built: 1993

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: NORTH BAY ADD
    HOA
    • Has HOA: Yes
    • HOA name: SEIA
    Location
    • Region: Fairfield

    Financial & listing details

    • Price per square foot: $61/sqft
    • Tax assessed value: $12,200
    • Annual tax amount: $3,920
    • Date on market: 6/14/2025
    • Tenant pays: Cable TV, Electricity, Fuel, Trash Collection, Water
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