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Sold for $270,000
    • $270,000

    206 E Hempstead Ave, Fairfield, IA 52556

    7beds
    4,000sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $279,500 Zestimate®
    $68/sqft
    $954 Estimated rent

    Home value

    $279,500

    $257,000 - $302,000

    $954/mo

    Zestimate® history
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    $1,798/mo

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    What's special

    For sale by owner. Nice 4 plex located close to downtown and campus. Great cash flow and would be a good investment for investors, developers, or even a tenant desiring residual monthly income. There are 4 diverse, stylish apts, 7 bedrooms total. Current gross rent of $3000 per month. Apt A is the main level of the house = $825 Apt B is the lower level apt.=$700. Apt C upper apt= $850 and apt D is ground level, 1 bedroom, studio apt = $625. Owner pays utilities. Please give 24 hour notice for showings as we are having to notify 4 tenants.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Carpet, Concrete, Hardwood, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,000 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Wood, Wood products
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 0625332005
    • Zoning: R

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Concrete Block
    • Roof: Composition
    Condition
    • Year built: 1900

    Utilities & green energy

    • Utilities for property: 7080.00

    Community & HOA

    Location
    • Region: Fairfield

    Financial & listing details

    • Price per square foot: $68/sqft
    • Tax assessed value: $258,500
    • Annual tax amount: $4,246

    Price history

    DateEventPrice
    10/12/2023Sold$270,000+68.8%$68/sqft
    Source: Public Record Report a problem
    10/15/2021Sold$160,000+18.5%$40/sqft
    Source: Public Record Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    12/4/2018Sold$135,000-12.3%$34/sqft
    Source: Public Record Report a problem
    8/13/2018Listed for sale$154,000$39/sqft
    Source: Owner Report a problem
    1/6/2018Listing removed$154,000$39/sqft
    Source: Owner Report a problem
    4/19/2017Listed for sale$154,000+10.8%$39/sqft
    Source: Owner Report a problem
    3/13/2017Listing removed$139,000$35/sqft
    Source: Jefferson County Realty Inc. #20163302 Report a problem
    12/29/2016Listed for sale$139,000$35/sqft
    Source: Jefferson County Realty Inc. #20163302 Report a problem
    12/1/2016Pending sale$139,000$35/sqft
    Source: Jefferson County Realty Inc. #20163302 Report a problem
    11/14/2016Listed for sale$139,000$35/sqft
    Source: Jefferson County Realty Inc. #20163302 Report a problem
    8/27/2016Listing removed$139,000$35/sqft
    Source: ERA Fairfield Real Estate #K20160717 Report a problem
    4/6/2016Listed for sale$139,000-15.8%$35/sqft
    Source: ERA Fairfield Real Estate #K20160717 Report a problem
    1/1/2015Listing removed$165,000$41/sqft
    Source: ERA Fairfield Real Estate #K 15655 Report a problem
    8/19/2014Listed for sale$165,000+1.5%$41/sqft
    Source: ERA Real Estate #K 15655 Report a problem
    1/12/2011Listing removed$162,500$41/sqft
    Source: ERA Fairfield Real Estate #K2 14065 Report a problem
    9/16/2010Listed for sale$162,500$41/sqft
    Source: ERA Real Estate #14065 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,246 +46.2%$258,500 +17.5%
    2024$2,904 -13.9%$220,000 +39.6%
    2023$3,372 -13.2%$157,600 -3.2%
    2022$3,886 +26.8%$162,800
    2021$3,064 -6.5%$162,800 +34.9%
    2020$3,276 -13.8%$120,700
    2019$3,802 -2.9%$120,700 -5.4%
    2018$3,916 -27.7%$127,600 -24.7%
    2017$5,420 +67.2%$169,400 -0.2%
    2016$3,242 $169,700 +18.4%
    2015$3,242 $143,300
    2014$3,242 -0.2%$143,300
    2013$3,248 +37.9%--
    2011$2,356 +5.6%--
    2010$2,232 +8.9%--
    2009$2,050 +4.2%--
    2008$1,968 +54%--
    2007$1,278 --
    Find assessor info on the county website

    Neighborhood: 52556

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Washington School
    • Middle: FMS
    • High: FHS

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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