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400 Vanderbilt ST Fairfax, IA 52228
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Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,292 sqft
Price per Sqft $61
MLS Listing ID 2506337
Sold Date 08/28/25
HOA Y/N No
Total Fin. Sqft 2292
Year Built 1900
Annual Tax Amount $1,591
Lot Size 8,494 Sqft
Acres 0.195
Property Sub-Type Multi Family
Property Description
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.
Location
State IA
County Linn
Area Corridor Area
Zoning Multi
Rooms
Basement Full
Interior
Interior Features InteriorFeatures
Heating See Remarks
Cooling See Remarks
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Fence
Total Parking Spaces 4
Building
Foundation Block
Structure Type Frame,Vinyl Siding,Wood Siding
Schools
Elementary Schools College Comm
Middle Schools College Comm
High Schools College Comm
Others
Pets Allowed Yes
Tax ID 201613000300000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed Yes
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Bought with GRAF REAL ESTATE, ERA POWERED