400 Vanderbilt Street, Fairfax, IA 52228
Local realty services provided by:Graf Real Estate ERA Powered



Listed by:stefan doerrfeld-twenty40 real estate + development
Office:twenty40 real estate + development
MLS#:2506337
Source:IA_CRAAR
Price summary
- Price:$89,900
- Price per sq. ft.:$39.22
About this home
Great opportunity to own a fully rented 4-plex in the heart of Fairfax. This income-producing property features a solid rental history with some long-term tenants already in place, offering immediate cash flow for the next owner. The property is part of an estate and is being sold as-is. See disclosure and recent rental inspection. Any and all repairs including rental permit repairs shall be the responsibility of the buyer after closing.
No private showings will be offered.
There will be three public and agent viewing opportunities based on the following schedule:
Wednesday, July 23, from 4:00 PM to 6:00 PM
Sunday, July 27, from 1:00 PM to 3:00 PM
Monday, July 28, from 4:00 PM to 6:00 PM
Any and all offers are due by 12pm, Tuesday, July 29.
Don't miss this chance to invest in a well-maintained multi-unit property in a growing community.
Contact an agent
Home facts
- Year built:1900
- Listing Id #:2506337
- Added:24 day(s) ago
- Updated:July 30, 2025 at 02:37 PM
Rooms and interior
- Living area:2,292 sq. ft.
Structure and exterior
- Year built:1900
- Building area:2,292 sq. ft.
- Lot area:0.19 Acres
Schools
- High school:College Comm
- Middle school:College Comm
- Elementary school:College Comm
Finances and disclosures
- Price:$89,900
- Price per sq. ft.:$39.22
- Tax amount:$1,591
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