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Sold on 03/28/2017
Michael Kelly of Kelly Real Estate Inc

805 Fair St, Decorah, IA 52101

$257,000

Last sold 03/28/2017 for $225K

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    bed

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    bath

Multi-family not for sale
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About 805 Fair St

Property type Multi-family
Year built 1989
HOA fee $0/month
Lot size 0.32 Acre
Movoto estimate
Rental estimate
Property description
The tight Decorah rental market makes this fourplex in a convenient location an ideal investment opportunity. Let us show you how investing in residential real estate could be the best investment you will ever make!
Listed by
Listing Agent - Michael Kelly
Listing Office - Kelly Real Estate Inc
Source: Northeast Iowa Regional BOR mls logo
MLS#20171439 • last updated 2 years ago
Movoto checked Northeast Iowa Regional BOR for data 2 hours ago
Overview
Cooling/AC Wall Unit(s)
Heating Electric
Levels/Style Two Story, Split Foyer
Type Residential Income
Year Built 1989
Interior
Basement Finished, Slab, Walk-Out Access
Laundry 1st Floor
Exterior
Construction Brick, Vinyl Siding
# Open Parking Spaces 6
Exterior Features Deck, Patio
Lot Desc Level
Amenities / Utilities
Sewer/ Septic City Sewer
Utilities Elec Individual Meters, Garbage In Rent, Water In Rent
Water Source City
Location
County Winneshiek
Elementary School Decorah Community Schools
High School Decorah Community Schools
Middle School Decorah Community Schools
Zoning R-3
Multifamily Details
Tenant Pays Electricity
Expense: Water/ Sewer 661.83
$257K
Range: $120K-$393K
Last 30 days 
Rental est.: $1,267/month
Gross rent multiplier: 14.8
  • May 2017
    mls logo MLS # 20171439
  • May 1, 2017 Sold
    $225,000 (-4.1%)
  • Mar 21, 2017 Listed
    $234,500
  • Year Property taxes Tax assessment
  • 2024
    $4,696 +4.2%
    $249,430
  • 2023
    $4,508 +4.4%
    $249,430
  • 2022
    $4,316 -12.3%
    $249,430 +20.41%
  • 2021
    $4,924 -3.4%
    $207,150
  • 2020
    $5,096 -3.0%
    $207,150
  • 2019
    $5,254
    $207,150
  • 805 Fair St
    $225K
  • —
  • 52101
    $399K +21% y/y
  • Decorah
    $407K +22% y/y
No chart available
Statistics calculated by Movoto

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N/A
John Cline Elementary School
public Grades PK, K-2
Decorah Community School District
N/A
West Side Elementary School
public Grades PK, K
Decorah Community School District
7/10
Decorah Middle School
public Grades 5-8
Decorah Community School District
8/10
Carrie Lee Elementary School
public Grades 3-4
Decorah Community School District
9/10
Decorah High School
public Grades 9-12
Decorah Community School District
Source: GreatSchools.org © 2026. All rights reserved.

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