This 4-bedroom, 2-bathroom home is currently generating excellent rental income, making it an ideal investment opportunity. Located on a spacious corner lot in the charming town of Fayette, this property also features a double detached garage and a new water heater. With the advantage of small-town living and low property taxes, this home offers the potential to become a cozy family residence as well. The flexible layout allows for easy customization, and its central location makes it a convenient choice for any lifestyle. Please note, showings require a 24-hour notice. Don’t miss your chance to make this fantastic property your own!
Sold for $79,000 on 08/15/25
$79,000
401 Mechanic St, Fayette, IA 52142
4beds
1,812sqft
Single Family Residence
Built in 1900
0.4 Acres Lot
$79,000 Zestimate®
$44/sqft
$1,354 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 01:19pm
Listed by:
Michael T Kelly 563-382-8406,
Kelly Real Estate Inc
Bought with:
Zachary Wulfekuhle, S68014000
Century 21 Signature Real Estate - Oelwein
Source: Northeast Iowa Regional BOR,MLS#: 20253964

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dryer, Microwave, Free-Standing Range, Refrigerator
- Laundry: Gas Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s)
- Flooring: Hardwood
- Basement: Stone/Rock
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,812 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Detached Garage
- Carport spaces: 2
Features
- Patio & porch: Patio, Covered
Lot
- Size: 0.40 Acres
- Dimensions: 145 x 120
- Features: Corner Lot
Details
- Parcel number: 1128165001
- Zoning: none
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Shingle,Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Fayette
Other
Other facts
- Road surface type: Crushed Rock, Hard Surface Road