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400 Vanderbilt Street, 
Fairfax, IA 52228

$89,900


Bed


Bath


2,292

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Stefan Doerrfeld-Twenty40 Real Estate + Development

Rhyse Pelley

Twenty40 Real Estate + Development

319-423-9515

Last updated:

July 30, 2025, 02:37 PM

MLS#

2506337

Source:

IA CRAAR

About This Home

400 Vanderbilt Street

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.

Home Facts

Multi-Family

Built in 1900

Price Summary

89,900

$39 per Sq. Ft.

MLS #:

2506337

Last Updated:

July 30, 2025, 02:37 PM

Added:

10 day(s) ago


Rooms & Interior

Interior

Living Area:

2,292 Sq. Ft.


Structure

Structure

Year Built:

1900


Lot

Lot Size (Sq. Ft):

8,494


Finances & Disclosures

Finances

Price:

$89,900

Price per Sq. Ft:

$39 per Sq. Ft.

Source:IA CRAAR
The information being provided by Cedar Rapids Area Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Cedar Rapids Area Association of Realtors All rights reserved.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.