$140,000
$5K PRICE DROP

307 E Briggs Ave Fairfield, IA 52556

Estimated payment $833/month

Total Views 1,073
-- Bed
-- Bath
2,456 Sq Ft
$57 Price per Sq Ft

About This Home

Welcome to a great triplex with fabulous layout--& its fully rented! This well-maintained property features three spacious apartments. Apt #1 rents for $750 & has 12-ft ceilings, original hardwood floors, and oversized rooms--living/dining room & 2 beds. Large windows flood the apartments with light--they were replaced in 2024. Apt 2 is a 1 bed that currently rented for $600, with east entrance & Apt 3 is a 1 bed on northside upstairs & rents for $525. A solid investment with vintage appeal, including new windows & basement improvements, this triplex has strong long-term investment potential. All apartments are separately metered for all utilities. Value added with basement improvements for structural integrity. Passive income --you can live in one & pay the mortgage with rental income from the other 2 so schedule your viewing today! You'll find historic charm & a great investment opportunity in vibrant Fairfield Iowa!

Listing Agent

Lisa Moseley

Village Realty License #*** Listed on: 01/28/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Home Design

  • Brick Exterior Construction
  • Block Exterior

Additional Features

  • Crawl Space
  • Lot Dimensions are 64x132
  • Forced Air Heating System

Community Details

  • Gross Income $22,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Year Built: 1880
  • Stories: 2
  • Property Type: Residential Income
  • Co List Office Mls Id: NOC28797
  • Subdivision Name: NEW PLAT
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Basement: Crawl Space, Block, Unfinished
  • Fireplace: No

Exterior Features

  • Construction Type: Wood Siding, Brick, Block

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: SEIA

Lot Info

  • Lot Dimensions: 64X132
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024

Multi Family

  • Property Net Operating Income: 16500

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $1,354 $81,200 $12,800 $68,400
2024 $1,354 $70,200 $12,800 $57,400
2023 $1,556 $70,200 $12,800 $57,400
2022 $1,792 $75,100 $17,300 $57,800
2021 $1,792 $55,600 $12,800 $42,800
2020 $1,510 $55,600 $12,800 $42,800
2019 $1,638 $55,000 $0 $0
2018 $1,688 $55,000 $0 $0
2017 $1,688 $55,000 $0 $0
2016 $1,874 $55,000 $0 $0
2015 $2,342 $64,100 $0 $0
2014 $2,342 $64,100 $0 $0
2013 $2,336 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2026 03/02/26 Price Changed $140,000 +3.7% $57 / Sq Ft
03/02/2026 03/02/26 Price Changed $135,000 -6.9% $55 / Sq Ft
01/28/2026 01/28/26 For Sale $145,000 +190.0% $59 / Sq Ft
11/15/2013 11/15/13 Sold $50,000 -16.0% $20 / Sq Ft View Prior Sale
10/26/2013 10/26/13 Pending -- -- --
10/23/2013 10/23/13 For Sale $59,500 +19.0% $24 / Sq Ft
04/01/2013 04/01/13 Sold $50,000 -21.3% $20 / Sq Ft View Prior Sale
02/23/2013 02/23/13 Pending -- -- --
05/21/2012 05/21/12 For Sale $63,500 -- $26 / Sq Ft
Source: NoCoast MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $85,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $162,000 New Conventional
Source: Public Records

Source: NoCoast MLS

MLS Number: NOC6335162

NoCoast MLS

APN: 06-25-333-010

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