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402 W Hempstead Avenue, Fairfield, IA 52556

GAGES · Jefferson County

Key Facts

2,256Sq Ft
1900Year Built
0.11Lot (acres)
2Stories

Description

Great investment opportunity in this spacious 3-unit property with classic two-story curb appeal, a covered front porch, hardwood floors, original wood trim, large windows, and generous interior living spaces. The two upstairs 1 bedroom/1 bath apartments are currently occupied and rent for $600/month each. The main-level apartment is available to rent or owner-occupy, offering 2 bedrooms, both with en-suite baths, plus large living/dining areas and access to a carport and shared backyard. Utilities are separately metered for each unit and billed individually.

Property Information

Property Type

Residential Income

Sub-Type

Triplex

Year Built

1900

Stories

2

Living Area

2,256 sq ft

Lot Size

0.11 acres

Lot Dimensions

35X132

Days on Market

5

MLS® Listing#

6339662

Property Features

Heating

Forced Air

Construction

Wood Siding

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$2,126

Tax year 2024

Parcel Number

06-26-431-006

Directions

On Hempstead in between 4th and 5th.

Affordability Calculator

$33,800

Estimated monthly payment

$899/mo

Principal $135,200 · Est. interest $188,616 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Fairfield, IA

58
Median Days on Market
1,476
Median Sq Ft
$129
Median Price / Sq Ft
65
Active Listings
  • Its price per sq ft is 42% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Fairfield, IA.

Location

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

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- 240th St., Fairfield, IA$119,805
403 N B Street, Fairfield, IA$125,000211,224
2005 N B Street, Fairfield, IA$125,000
2104 Highway 1, Fairfield, IA$129,900
308 E Adams Avenue, Fairfield, IA$134,500221,036
701 E Lowe #323 323, Fairfield, IA$135,000221,129

Moving Cost Estimate

EXIT Agents in Fairfield

Listing Courtesy: Village Realty - 6414729900

Presented by: Michaela McLain

The 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. Listing information provided courtesy of the Heart of Iowa MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by IowaAOR. MLS® Listing#6339662. © 2026EXIT Realty®. All rights reserved.