1722 Indiana Street, Fairfield, CA 94533, Fairfield, 94533 - 0 bed, 0 bath
Loading property details...
1722 Indiana Street
Fairfield, CA 94533
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,536Sq Ft
8,398Lot Size
Property Price
LIST PRICE$625,000
EST. MARKET VALUE
$569,444
9% AboveMARKET VALUE
SUMMARY
This Duplex Residential Income property is a Strong Value Opportunity, listed at $625,000—positioned well above the $569,445 Fair Market Value. While the list price exceeds the current estimation, the property features a Condition Rating of 3, highlighted by owned solar panels and recent interior renovations. The 8,398-square-foot lot provides significant development potential for an ADU, enhancing long-term yield. This asset is ideal for Buy-and-Hold Investors seeking immediate rental income or Owner-Occupants looking to offset mortgage costs through a house-hack strategy.
Estimated Market Value
$569,444
Based on Realkey algorithm analyzing recent comparable sales in Fairfield.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1951, the interior shows clear evidence of a mid-range renovation within the last 5-15 years, including updated LVP flooring, modern six-panel doors, and a renovated bathroom with a stone-top vanity and tiled shower. The addition of owned solar panels is a significant system upgrade, though the presence of older wall heaters and a worn exterior driveway keeps it from an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Versatility
The duplex configuration with one unit delivered vacant allows for immediate owner-occupancy or market-rate rental, providing excellent flexibility for both first-time buyers and seasoned investors.
- Sustainable Energy Value
The inclusion of owned solar panels is a significant asset that reduces utility overhead, enhancing the property's net operating income and long-term sustainability.
- Development Potential
The oversized 8,398-square-foot lot offers substantial outdoor space and the potential to add an ADU, providing a clear pathway to increase density and property value.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1951, the property may require more frequent maintenance or capital improvements to aging systems compared to newer residential income properties.
- Compact Unit Footprint
With each two-bedroom unit averaging approximately 768 square feet, the smaller living areas and single-bathroom layouts may limit appeal for tenants seeking more spacious accommodations.
About 1722 Indiana Street
This single-story Fairfield duplex offers two 2-bedroom, 1-bath units, with one unit to be delivered vacant at close of escrow. Live in one while receiving rental income from the other, or add both to your investment portfolio. Owned solar and an approximately 8,398-square-foot lot add to the appeal, with ample outdoor space and potential to explore an ADU, subject to city approval. Tucked along a street with no through traffic, yet conveniently located near downtown Fairfield, shopping, dining, and commuter routes, this property offers flexibility today and possibilities for tomorrow.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1951
- Lot Size
- 8,398 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 1,536 | 2,465.333 |
| Lot Size | 8,398 | 6,981.333 |
| Price | $625.0K | $759.0K |
| Price per sq ft | $407 | $317 |
| Built year | 1951 | 1961 |
| HOA | $0 | $0 |
| Days on market | 23 | 64 |
Pricing History
Listed for Sale
Oct 1, 2026
$625,000
Initial Listing
Sold
Dec 27, 2018
$336,000
Public Record
Sold
Jun 1, 2004
$250,000
Public Record