Derek Gates
Ottumwa Realty
(641) 276-6027
106 Total Sales
2 in Fairfield
$113K - $201K Price Range
122 S Main St Fairfield, IA 52556
Fairfield AreaEstimated Value: $137,000 - $165,711
4
Beds
3
Baths
1,980
Sq Ft
$78/Sq Ft
Est. Value
About This Home
As of November 2025Own this triplex right off the square and be on the pulse of downtown Fairfield action! This money-making, seldom vacant triplex can bring in $2000 a month fully rented. Live in the spacious 2 bedroom main level apartment and open your business in this property located ideally for retail or any business! Your office greats maximum exposure here! Separately metered electric but water and heat are included in the rent. Come tour today and discover the many charming features of each spacious apartment--add value with a few key updates. The bones are solid and the timeless architectural details like beamed ceilings and unusually roomy kitchens bring potentiality. Add your personal touch and maximize value--don't miss the excellent price-to-income ratio! Here, rental income offsets your monthly mortgage payments. Calling all savvy investors or homeowners looking to build equity. Large units, high ceilings, and abundant natural light make this todays standout deal!
Last Agent to Sell the Property
Village Realty Brokerage Phone: 641-472-2353 License #*** Listed on: 08/24/2025
Last Buyer's Agent
Village Realty Brokerage Phone: 641-472-2353 License #*** Listed on: 08/24/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 3,920
Home Design
- Brick Exterior Construction
- Block Exterior
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 44x87
- Forced Air Heating System
Community Details
- Gross Income $25,440
Listing and Financial Details
- Tenant pays for electricity, fuel, water
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2025
Closed on
Nov 6, 2025
Sold by
Bought by
Seller's Agent
Lisa Moseley
Village Realty
Buyer's Agent
Lisa Moseley
Village Realty
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Views
133
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,072
Avg. Annual Appreciation
-0.95%
Original Mortgage
$123,000
Outstanding Balance
$122,058
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$31,870
Purchase Details
Listed on
Apr 7, 2010
Closed on
Jan 31, 2012
Sold by
Bought by
Seller's Agent
Rose Kennedy
Village Realty
Buyer's Agent
Patricia Hamilton
Fairfield Real Estate
List Price
$75,000
Sold Price
$67,000
Premium/Discount to List
-$8,000
-10.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$53,000
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 7, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fairfield, IA
-
Derek Gates
-
Melissa Schwenker
Melissa Schwenker
Ruhl & Ruhl Real Estate
(319) 671-6346
150 Total Sales
4 in Fairfield
$130K - $295K Price Range
-
Katie Sisson
Katie Sisson
Pinnacle Realty
(641) 216-6794
154 Total Sales
1 in Fairfield
$130,200 Price
-
Brent Kelso
Brent Kelso
Responds QuicklySilverado Realty
(515) 461-8324
168 Total Sales
1 in Fairfield
$165,000 Price
-
Tammy Dunbar
Tammy Dunbar
Responds QuicklyFairfield Real Estate
(641) 693-6073
311 Total Sales
220 in Fairfield
$28K - $625K Price Range
-
Ashley Link
Ashley Link
Responds QuicklyRuhl & Ruhl, REALTORS
(309) 315-3103
65 Total Sales
1 in Fairfield
$108,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $155,000 | None Listed On Document | ||
| $67,000 | None Available | ||
| $53,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $123,000 | ||
| Previous Owner | $53,000 | ||
| Previous Owner | $60,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | Sold | $155,000 | -6.1% | $78 / Sq Ft | |
| 08/26/2025 08/26/25 | Pending | -- | -- | -- | |
| 08/24/2025 08/24/25 | Price Changed | $165,000 | +6.5% | $83 / Sq Ft | |
| 08/23/2025 08/23/25 | Price Changed | $155,000 | -6.1% | $78 / Sq Ft | |
| 01/01/2025 01/01/25 | For Sale | $165,000 | +146.3% | $83 / Sq Ft | |
| 01/31/2012 01/31/12 | Sold | $67,000 | -10.7% | $34 / Sq Ft | View Prior Sale |
| 12/30/2011 12/30/11 | Pending | -- | -- | -- | |
| 04/07/2010 04/07/10 | For Sale | $75,000 | -- | $38 / Sq Ft |
Source: NoCoast MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,948 | $116,900 | $8,400 | $108,500 |
| 2024 | $1,948 | $100,900 | $8,400 | $92,500 |
| 2023 | $2,178 | $100,900 | $8,400 | $92,500 |
| 2022 | $2,508 | $105,100 | $11,300 | $93,800 |
| 2021 | $2,508 | $77,900 | $8,400 | $69,500 |
| 2020 | $2,114 | $77,900 | $8,400 | $69,500 |
| 2019 | $2,052 | $68,900 | $0 | $0 |
| 2018 | $2,114 | $68,900 | $0 | $0 |
| 2017 | $2,114 | $82,900 | $0 | $0 |
| 2016 | $2,826 | $82,900 | $0 | $0 |
| 2015 | $2,138 | $58,500 | $0 | $0 |
| 2014 | $2,138 | $58,500 | $0 | $0 |
| 2013 | $2,316 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Moseley
Seller's Agent in 2025
Lisa Moseley
Village Realty
(301) 466-6400
27 Total Sales
-
R
Seller's Agent in 2012
Rose Kennedy
Village Realty
-
P
Buyer's Agent in 2012
Patricia Hamilton
Fairfield Real Estate
Map
Source: NoCoast MLS
MLS Number: NOC6323902
APN: 06-25-353-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
Listings courtesy of NoCoast MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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