122 S Main Street, Fairfield IA 52556

$165,000

122 S Main Street, Fairfield, IA 52556

bedrooms

bathrooms

square feet

1,980

Acreage

0.09

Open Houses

year built

1900

Full Baths

Half Baths

Find out more

Be on the pulse with Golden Magnolia next door when you own this triplex jewel in downtown Fairfield. Move quickly and begin pocketing passive income of $1820 or more monthly that this fully-occupied triplex brings in. Separately metered electric but water and heat are included in the rent. Discover this centrally located triplex, featuring spacious, charm-filled apartments with timeless architectural details. While it needs cosmetic updates, the property offers a blank canvas to add your personal touch and maximize value. This is a rare investment opportunity with an excellent price-to-income ratio—the rental income potential can easily offset your monthly mortgage payments. Ideal for savvy investors or homeowners looking to build equity. Large units, high ceilings, and abundant natural light make this a standout deal just off the square, in the heart of downtown Fairfield!

Location
Subdivision	OLD PLAT FAIRFIELD
County	Jefferson
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 6323902

Listing agent: Lisa Moseley #***

Listing broker: Fairfield Real Estate (641) 472-2353

Last update: Saturday, February 1 2025 at 6:00 p.m. EST

Kotohomes National