Melissa Schwenker
Ruhl & Ruhl Real Estate
(319) 671-6346
150 Total Sales
4 in Fairfield
$130K - $295K Price Range
300 E Buchanan Ave Fairfield, IA 52556
Fairfield AreaEstimated Value: $221,000
Studio
--
Bath
3,696
Sq Ft
$60/Sq Ft
Est. Value
About This Home
As of August 2025Investment Opportunity: Discover this rare opportunity to own a solid income-producing 4-plex, built in 1993 and set on a generous 3-acre lot of green space. Each unit offers 2 bedrooms, 2 bathrooms, central air, separately metered, carport parking plus additional on-site parking, a private storage unit, and access to on-site laundry. With a mix of long-term tenants already in place, you can start earning rental income immediately. The property offers strong potential for cash flow and future appreciation. Listing brokerage is the current property manager. Whether you're expanding your portfolio or diving into multi-family investing, this property is a mix of what you have been looking for.
Last Agent to Sell the Property
Fairfield Real Estate Brokerage Phone: 641-472-2353 Listed on: 06/12/2025
Last Buyer's Agent
Fairfield Real Estate Brokerage Phone: 641-472-2353 Listed on: 06/12/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1993
Lot Details
- 2.93
Home Design
- Slab Foundation
- Frame Construction
Utilities
- Forced Air Heating System
Community Details
- Gross Income $34,500
Listing and Financial Details
- Tenant pays for cable t.v., electricity, fuel, trash collection, 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
Jun 12, 2025
Closed on
Sep 17, 2025
Sold by
Bought by
Seller's Agent
Tammy Dunbar
Fairfield Real Estate
Buyer's Agent
Tammy Dunbar
Fairfield Real Estate
List Price
$225,000
Sold Price
$227,500
Premium/Discount to List
$2,500
1.11%
Views
22
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
-$6,500
Avg. Annual Appreciation
-3.04%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fairfield, IA
-
Melissa Schwenker
-
Katie Sisson
Katie Sisson
Pinnacle Realty
(641) 216-6794
154 Total Sales
1 in Fairfield
$130,200 Price
-
Derek Gates
Derek Gates
Ottumwa Realty
(641) 276-6027
106 Total Sales
2 in Fairfield
$113K - $201K Price Range
-
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
-
Brent Kelso
Brent Kelso
Responds QuicklySilverado Realty
(515) 461-8324
168 Total Sales
1 in Fairfield
$165,000 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 |
|---|---|---|---|
| $227,500 | None Listed On Document |
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 |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Sold | $227,500 | +1.1% | $62 / Sq Ft |
| 06/17/2025 06/17/25 | Pending | -- | -- | -- |
| 06/12/2025 06/12/25 | For Sale | $225,000 | -- | $61 / 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 | $236 | $12,200 | $12,200 | $0 |
| 2024 | $236 | $12,200 | $12,200 | $0 |
| 2023 | $342 | $12,200 | $12,200 | $0 |
| 2022 | $394 | $16,500 | $16,500 | $0 |
| 2021 | $394 | $12,200 | $12,200 | $0 |
| 2020 | $332 | $12,200 | $12,200 | $0 |
| 2019 | $68 | $2,300 | $0 | $0 |
| 2018 | $70 | $2,300 | $0 | $0 |
| 2017 | $70 | $2,300 | $0 | $0 |
| 2016 | $78 | $2,300 | $0 | $0 |
| 2015 | $84 | $2,300 | $0 | $0 |
| 2014 | $84 | $2,300 | $0 | $0 |
| 2013 | $92 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tammy Dunbar
Seller's Agent in 2025
Tammy Dunbar
Fairfield Real Estate
(641) 919-2625
311 Total Sales
Map
Source: NoCoast MLS
MLS Number: NOC6328660
APN: 06-36-327-019
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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