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    Mason City, IA
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    Mason City, IA Apartment Buildings for Sale

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    6 properties
    5-Unit Brick Apartment Building
    Updated: Oct 7
    5-Unit Brick Apartment Building

    407 5th Street NW, Mason City, IA 50401

    $285,000
    0.20 AC lot
    Five apartments: two on the main level, two upstairs, and one on the lower level
    0.2‑acre parcel
    Detached four‑stall garage
    Coin‑operated laundry and a storage room for each apartment on the lower level
    Keyed building access
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    5-Unit Apartment Building
    Updated: Oct 7
    5-Unit Apartment Building

    407 5th NW, Mason City, IA 50401

    $285,000
    0.20 AC lot
    Five apartments: two on the main floor, two upper‑level units, and one lower‑level unit
    Fully occupied building with key‑controlled entry
    1976 two‑story brick construction
    Hot‑water boiler heat and a wall unit air conditioner in each apartment
    Coin‑operated laundry and an individual lower‑level storage room for each unit
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    6-Unit Apartment Building
    6-Unit Apartment Building

    210 N Jefferson Ave, Mason City, IA 50401

    $325,000
    0.25 AC lot

    Six two-bedroom residences are complemented by a detached garage and on-site laundry facilities.

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    See hot listings in Mason City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    48-Unit Apartment Building
    48-Unit Apartment Building

    1115 4th Street Southeast, Mason City, IA 50401

    Contact for pricing

    Two-bedroom residences offer varied bathroom layouts and access to a shared courtyard.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    1108 N Carolina, Mason City, IA 50401

    $199,900

    Five units are rented, and updates are underway in the sixth.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    3 N Connecticut Avenue, Mason City, IA 50401

    $265,000

    Downtown Mason City residences include outdoor patio or balcony space and off-street parking.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 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

    Opportunities in Nearby Cities

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

    Mixed-Use Downtown Storefront and Apartments
    Mixed-Use Downtown Storefront and Apartments

    122 & 120 E Bremer Avenue, Waverly, IA 50677

    $440,000
    14,900 sqft

    Two side-by-side historic buildings offer storefront commercial units with six apartment units above and additional vacant space on the third floor.

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    2023 Apartment Building with Mini-Splits
    2023 Apartment Building with Mini-Splits

    814 N Eagle Avenue, Eagle Grove, IA 50533

    $1,200,000
    1.28 AC lot

    Recently built multifamily property offering two- and three-bedroom residences with individually metered tenant-paid utilities.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    811 N Montgomery Avenue, Eagle Grove, IA 50533

    $1,200,000
    0.48 AC lot

    Recently built multifamily property with tenant-paid utilities and ductless heating and cooling.

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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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    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

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

    540 State St, Mason City, IA 50401

    Estimated value: by Request
    10,038 sqft 1.01 AC lot
    View details
    320 Connecticut Ave
    HIGH-RISE APARTMENTS

    320 Connecticut Ave, Mason City, IA 50401

    Estimated value:
    $2,390,000
    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

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

    Mason City, IA Apartment Buildings Market Trends and Statistics

    Explore 10 apartment buildings for sale in Mason City, IA, showcased through 6 active listings on our real estate platform.

    Sale prices for apartment complexes in Mason City, IA start at $199,900, averaging $271,980, and reaching up to $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    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 $272K

    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)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Mason City, IA

    • 50401

    Featured Mason City Real Estate Agencies

    Realmo connects you with licensed Mason City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Hildebrand Real Estate
    506 4th SW Mason City, IA 50401
    Phone: (641) 512-4816
    www.hildebrandrealestate.com
    Carlson Elwood Inc
    2401 S Federal Avenue Mason City, IA 50401
    Phone: (641) 424-3005
    www.exitrealtymc.com
    CENTURY 21 Preferred
    2800 4th St. SW, Suite 3 Mason City, IA 50401
    Phone: (641) 424-9400
    www.century21preferredteam.com
    Why this one?
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