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122 S Main Street, Fairfield, IA 52556

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For Sale

$165,000

1,980 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $83.33
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 6323902

Courtesy Of Fairfield Real Estate

(641) 472-2353

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.09 Acres

Map and Directions

Directions to 122 S Main Street, Fairfield, IA 52556

Home seller CENTURY 21 Property Professionals

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Property Professionals

(319) 753-6000
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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