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Side-by-Side Duplex with Garage
For Sale
$150,000

119 S Pennsylvania Avenue, Mason City, IA 50401

Residential Income, Mason City, IA

Property Size3,000 SF
Lot Size0.13 Acres
Price / SF$50
Days on Market57

Property Features for 119 S Pennsylvania Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Block, Full
Subdivision PAUL FELTS PLAT
Directions S Pennsylvania Ave & 2nd St SE
Standard status Active
APN 071015700500
Size 3,000 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description W 82.5' L 6 BLK 33 PAUL FELTS PLAT
Tax Annual Amount 1738
Legal Description W 82.5' L 6 BLK 33 PAUL FELTS PLAT

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1933
Floors in Building 2
Number of units 2
Building materials Brick
Roof type Shingle
Listing Agency: Jane Fischer & Associates LLC
Listed By: Jenna Sheriff · License #NOC222767
Added: Jul 19 Changed: Sep 7 Last Checked: Sep 13 at 12:06PM
MLS# 6340542

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1933 brick duplex contains two side-by-side residences, each arranged with two bedrooms, a living room, kitchen, and separate entrance. Large windows bring natural light into both units, while the detached 2-stall garage adds covered parking and storage. The property includes 3,000 square feet on a 0.13-acre lot, with forced-air heat, public water, and a shingle roof.

The property is located in an established Mason City neighborhood near Music Man Square and MacNider Art Museum. It is being offered as part of a six-property package that also includes 511 N Jackson Ave, 242 14th St SE, 402 7th St SE, 119 S Pennsylvania Ave, 323 9th St NE, and 18 Linden Dr.

Key Highlights

  • Two side‑by‑side 2‑bedroom units with separate entrances
  • 3,000 square feet on a 0.13‑acre lot
  • Detached 2‑stall garage for parking and storage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,029
Businesses Nearby

Demographics for 50401, IA

28,981
Population
14,746
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
94%
High-School Grad
148.2 sq mi
ZIP Area
196
Density / Sq Mi
$63,807
Median Household Income
$38,929
Median Earnings
$868
Median Rent
$134,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two private residences share a practical layout with separate entrances, bright interiors, and detached parking and storage.
Where is this duplex located?
The property is located at 119 S Pennsylvania Avenue Mason City, IA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two side‑by‑side 2‑bedroom units with separate entrances; 3,000 square feet on a 0.13‑acre lot; Detached 2‑stall garage for parking and storage
More about this property
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