Charming Multi-Family Home with Surprising Space, Income Potential, Garden Oasis, & 4 Garages!
Don’t let the modest exterior fool you—this historic multi-family home is full of space, comfort, and versatility inside. With 3 bedrooms, 3 bathrooms, and multiple living areas, it offers far more room than meets the eye—perfect for multi-generational living, rental income, or simply spreading out in style.
3 Bedrooms | 3 Bathrooms
The heart of the home features a cozy living room that flows effortlessly into the spacious dining area and stylish kitchen—creating the perfect space for everyday living and entertaining. Beautiful wood flooring extends throughout the kitchen and dining room, adding warmth and character. The kitchen is equipped with modern appliances, generous counter space, and elegant cabinetry.
The spacious primary bedroom offers ample closet space and a private bath complete with a sleek shower and modern laundry machines—combining comfort and convenience in one thoughtfully designed space.
Charming Reading Nook & Entertaining Deck
Just inside the side entrance, you'll find a space for a peaceful reading nook, or meditation room, filled with natural light—an ideal space to unwind with your favorite book. Step outside to a large deck perfect for grilling, entertaining, or enjoying quiet evenings under the stars.
Private Upstairs Apartment
A separate upper-level unit with a private entrance includes its own kitchen, bath, living space, and two bedrooms—perfect for guests, in-laws, or rental income. The large living room windows make this a comfortable and cozy retreat.
Abundant Garage Space
With an attached garage and three detached garages, there’s more than enough room for vehicles, hobbies, tools, or a personal workshop.
Gardener’s Paradise
Multiple established flower beds and a sunny, private backyard make this a dream setting for gardening enthusiasts. There’s ample room to grow vegetables, herbs, or create a custom outdoor retreat.
Security & Hidden Features
Security cameras are strategically placed around the exterior and side entrance for added peace of mind. A hidden entrance to the basement adds a unique touch and extra storage potential.
Recent Updates
A new metal roof offers long-term durability and low maintenance.
This one-of-a-kind home blends charm, functionality, and investment potential. Don’t miss your chance to make it yours!
For sale by owner
$160,000
501 W Jefferson Ave, Fairfield, IA 52556
3beds
2,074sqft
Est.:
MultiFamily
Built in 1890
-- sqft lot
$-- Zestimate®
$77/sqft
$-- HOA
What's special
Stylish kitchenModern appliancesCharming reading nookSeparate upper-level unitAmple closet spaceBeautiful wood flooringSleek shower
- 5 days
- on Zillow |
- 421 |
- 26 |
Listed by:
(641) 780-3336
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Heating
- Baseboard, Forced air, Electric, Gas
Cooling
- Central, Other
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Refrigerator, Trash compactor, Washer
Features
- Flooring: Tile, Carpet, Hardwood, Linoleum / Vinyl
- Basement: Unfinished
Interior area
- Total interior livable area: 2,074 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached, Garage - Detached, Off-street
Features
- Exterior features: Other, Composition
- Has view: Yes
- View description: City
Lot
- Size: 8,755 Square Feet
Details
- Parcel number: 0626484010
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Masonry
- Roof: Metal
Condition
- New construction: No
- Year built: 1890
Community & HOA
Location
- Region: Fairfield
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $162,300
- Annual tax amount: $2,760
- Date on market: 4/21/2025
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