Skip main navigation
Sold for $138,000 on 02/09/24
  • $138,000

    404 S Main St, Fayette, IA 52142

    --beds
    --baths
    3,489sqft
    Quadruplex
    Built in 1915
    -- sqft lot
    $161,600 Zestimate®
    $40/sqft
    $821 Estimated rent

    Owner options

    List your home for rent

    $821/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $821/mo

    Rent Zestimate®

    Refinance and save

    $735/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $735/mo

    Est. payment

    What's special

    Take a look at this excellent investment opportunity near downtown Fayette! With a cap rate of over 14%, this would be great for your investment portfolio! This fully occupied 4-unit residential property features 2 buildings with 2 units each. Newer steel roof, separate utilities and off street parking make it easy for tenants. The main level has been updated with refinished hardwood floors and replacement windows in all units. Seller has two other duplexes for sale that can also be added to make this a great deal - 300 Jones MLS #20233891 and 507 King MLS#20233890. Call for more information today!

    Zillow last checked: 8 hours ago

    Listing updated: August 05, 2024 at 01:17pm

    Listed by:

    Theodore A Kerndt 563-380-1415,

    Viking Realtors

    Bought with:

    Theodore A Kerndt, B38984000

    Viking Realtors

    Source: Northeast Iowa Regional BOR,MLS#: 20233889MLS Logo

    Facts & features

    Interior

    Heating
    • Electric, Steam
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: 1st Floor
    Features
    • Basement: Concrete
    Interior area
    • Total structure area: 3,489
    • Total interior livable area: 3,489 sqft
    • Finished area above ground: 2,638
    • Finished area below ground: 1,216

    Property

    Parking
    • Total spaces: 8
    • Parking features: Assigned, Carport
    • Uncovered spaces: 8
    Features
    • Levels: One and One Half
    • Patio & porch: Deck-Multi-Level, Patio
    Lot
    • Size: 9,000 sqft
    • Dimensions: 75' x 120'
    • Features: Level
    Details
    • Parcel number: 1128166005
    • Zoning: R-4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Block, Vinyl Siding, Wood Siding
    • Roof: Metal
    Condition
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Elec Individual Meters

    Community & neighborhood

    Location
    • Region: Fayette

    Other

    Other facts
    • Road surface type: Hard Surface Road