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  • $227,500

    300 E Buchanan Ave, Fairfield, IA 52556

    --beds
    0baths
    3,696sqft
    Quadruplex
    Built in 1993
    -- sqft lot
    $-- Zestimate®
    $62/sqft
    $1,094 Estimated rent

    Owner options

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    $1,094/mo

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    $1,094/mo

    Rent Zestimate®

    Refinance and save

    $1,244/mo

    Est. payment

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    $1,244/mo

    Est. payment

    What's special

    Investment 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.

    Zillow last checked: 7 hours ago

    Listing updated: September 17, 2025 at 06:01pm

    Listed by:

    Tammy Dunbar 641-919-2625,

    Fairfield Real Estate

    Bought with:

    Tammy Dunbar, ***

    Fairfield Real Estate

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6328660MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Other
    • Level: Main
    Heating
    • Forced Air
    Appliances
    • Laundry: Common Area
    Features
    • Basement: Slab
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,696 sqft

    Property

    Parking
    • Parking features: Carport, Gravel
    • Has carport: Yes
    Accessibility
    • Accessibility features: No Stairs External, No Stairs Internal
    Features
    • Stories: 1
    Lot
    • Size: 2.93 Acres
    • Dimensions: 2.93 acres m/l
    Details
    • Parcel number: 06363270118
    • Zoning: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Frame, Stucco
    • Roof: Shingle
    Condition
    • Year built: 1993

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Fairfield
    • Subdivision: NORTH BAY ADD

    HOA & financial

    HOA
    • Has HOA: Yes
    • Association name: SEIA