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    Mason City, IA
    Apartment Building

    Apartment Buildings for Sale in Mason City, IA

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. While there is a shortage of Active listings in Mason City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Apartment Building
    Multifamily Apartment Building

    905 E 5th Street, Blue Earth, MN 56013

    $419,900
    6,531 sqft

    Apartment building with 11 units and on-site coin-operated laundry, plus plenty of resident and guest parking.

    View details
    Mixed-Use Income Building
    Mixed-Use Income Building

    805 W Bremer Avenue, Waverly, IA 50677

    Contact for pricing
    7,712 sqft

    Mixed-use building with five separately metered apartments upstairs and a multi-office layout on the main level.

    View details
    Value-Add Apartment Opportunity
    Value-Add Apartment Opportunity

    830 Moore St., Blue Earth, MN 56013

    Contact for pricing
    19,200 sqft 0.97 AC lot

    Apartment complex with value-add potential in Blue Earth, Minnesota.

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    Class A Apartment Community
    Class A Apartment Community

    426 16th Street NW, Waverly, IA 50677

    Contact for pricing

    Turnkey 15-unit Class A building with in-unit laundry and elevator service, maintained to institutional standards.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Retail-Zoned Development Land Opportunity
    Retail-Zoned Development Land Opportunity

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Off-Market Properties in Mason City, IA

    Consider similar Off-Market properties in Mason City, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    304 3rd NE St
    HIGH-RISE APARTMENTS

    304 3rd NE St, Mason City, IA 50401-3467

    $3,560,000
    Estimated value
    55,924 sqft 1.00 AC lot
    View details
    540 State St
    Multifamily properties

    540 State St, Mason City, IA 50401

    Value Estimation by Request
    10,038 sqft 1.01 AC lot
    View details
    320 Connecticut Ave
    HIGH-RISE APARTMENTS

    320 Connecticut Ave, Mason City, IA 50401

    $2,390,000
    Estimated value
    36,416 sqft 0.50 AC lot
    View details
    4 3rd NW St
    HIGH-RISE APARTMENTS

    4 3rd NW St, Mason City, IA 50401-3251

    $7,090,000
    Estimated value
    117,435 sqft 0.50 AC lot
    View details

    Mason City, IA Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Mason City, IA on our real estate platform.

    Demographics Overview

    Population 29K
    Population Growth (5Y) -0.7%
    Median Household Income $63,807
    College Educated 14.7%

    High-Yield Neighborhoods for Investment

    Identify Mason City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50401 $730K

    Taxes & Financing

    Tax Rate (average for all types) 2.38%
    Property Tax per SF $31.10 per SF
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cerro Gordo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cerro Gordo County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Mason City fall within the 50,000 to 100,000 square foot range.

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