Four-Unit Multifamily Property in Mason
321 3rd Street NW Mason City, IA 50401
For Sale
$145,000
MULTI_FAMILY - Mason City, IA
Property Size3,910 SF
Lot Size0.13 Acres
Price / SF$37.08
Days on Market74
Property Features for 321 3rd Street NW
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Residential-Multi-Family
Basement
Full
Standard status
Active
APN
070920900200
Size
3,910 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 42' E 82' L'S 2 & 3 BLK 52 H G PARKERS ADD
Tax Annual Amount
1128
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1916
Floors in Building
2
Number of units
4
Building materials
Block, Wood Siding
Roof type
Shingle
Listing Agency:
Jane Fischer & Associates LLC
(641) 424-4663
Listed By:
Jenna Sheriff · License #B64769
(641) 420-1955
Added: May 17
Changed: Jul 18
Last Checked: Jul 29 at 1:06PM
MLS# 6338410
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 four-unit multifamily property in Mason City, Iowa, presents an investment opportunity with income potential. Each of the one-bedroom units features a functional layout. The units include hardwood floor accents. Upper-level tenants have access to private decks, while main-level units feature patios. A detached three-stall garage provides additional parking, storage, or rental opportunities. The property is suitable for investors looking to expand their portfolio or for those stepping into multi-family ownership. The lot size is 0.13 acres. The property size is 3910 square feet. The property is zoned for residential multi-family use.
Key Highlights
- Four income‑producing units under one roof.
- Detached 3‑stall garage for parking, storage, or rental income.
- One‑bedroom units with functional layouts.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing fourplex with detached garage and outdoor living spaces.
Where is this quadplex located?
The property is located at 321 3rd Street NW Mason City, IA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Four income‑producing units under one roof.; Detached 3‑stall garage for parking, storage, or rental income.; One‑bedroom units with functional layouts.
