206 E Hempstead Avenue
Fairfield, IA 52556
0
Bed
7
Bath
3,930Sqft
0.20Acre(Lot)
Four-Unit Multifamily Investment Opportunity This one-of-a-kind four-family conversion offers an excellent opportunity for investors looking for an established rental property with strong income potential. Thoughtfully converted into four separate units, the property offers a functional layout and a unique investment opportunity. Each of the four units features 2 bedrooms and 1 bathroom, with shared laundry conveniently located in the common area. All four units are occupied and current monthly rents: - Unit A: $1,065/month - Unit B: $1,025/month - Unit C: $1,225/month - Unit D: $850/month Landlord currently pays the utilities. Recent exterior improvements include a new metal roof and gutters on the north portion of the building in 2024 and new vinyl siding inst
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 7 Full Baths: 4 Half Baths: 3 -
Flooring Information
Construction Materials: Vinyl Siding -
Heating & Cooling
Heating: Forced Air WaterSource: City Water - In Street
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Building Information
Year Built: 1900
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Lot Information
Lot Dimensions: 66X132 Lot Square Feet: 8712 Lot Acres: 0.2Property Information
Property Type: Residential Income Sub Type: Quadruplex
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Listing Price Information
Original List Price:$295000
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Tax Information
Tax Legal Description: OLD PLAT LT 1 BLK 1 Annual Tax: $4246 Tax Year: 2024 Parcel Number: 0625332005
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Garage Information
Garage Space: 1
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Utility Information
Sewer: Public Sewer Water Source: City Water - In Street -
Location Information
Subdivision: OLD PLAT FAIRFIELD City: Fairfield Direction: Property is located on the corner of E Hempstead and N C St.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 200 E Briggs, Fairfield, IA, 52556 | $230,000 | -- | -- | 2,325 | 2,325 SqFt |
| 105 E Lincoln, Fairfield, IA, 52556 | $249,900 | 2 | 2 | 1,260 | 1,260 SqFt |
| 303 S Main Street, Fairfield, IA, 52556 | $197,000 | -- | -- | 2,008 | 2,008 SqFt |
| 500 N Main Street, Fairfield, IA, 52556 | $169,000 | -- | -- | 3,276 | 3,276 SqFt |
| 402 W Hempstead Avenue, Fairfield, IA, 52556 | $169,000 | -- | -- | 2,256 | 2,256 SqFt |
| 305 S 12th Street #A, Fairfield, IA, 52556 | $184,500 | 4 | 2 | 1,860 | 1,860 SqFt |
Similar Multifamily To 206 E Hempstead Avenue
Nearby For Sale
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ByOwner last updated this listing 08/15/2026 @ 18:20
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