512 N Pennsylvania, Mason City, IA 50401

Building Details

Year built

1924

Number of units

3

Building materials

Concrete Block

Roof type

Asphalt

Listing agent JORGE REYES-HERNANDEZ License #S73839 Show Phone

Listing office REALTY ONE GROUP WELCOME HOME k***@rogwelcomehome.com 2227 19th St. SW, Mason City, IA Show Phone

Listing date Feb 11, 2026

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MLS# 260072 Listing URL

Copyright © 2026 Greater Mason City Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This for-sale tri-plex includes three separate residential units, each configured with two bedrooms and one full bathroom. The upper unit has been freshly updated with modern touches, while all units are currently under lease. The property also features a very spacious basement that can serve as additional storage space, with room for future improvements depending on an operator’s goals.

The building is located at 512 N Pennsylvania in Mason City, Iowa, within Z2 - Sub-Urban District zoning. The public remarks note convenient access to a nearby convenience store, described as just steps away.

For investors or owner-occupants, the tri-plex layout provides three individual leased homes with similar bedroom-and-bath configurations, which can simplify leasing strategy and tenant expectations. The presence of basement space adds practical flexibility for day-to-day storage and potential optional upgrades down the line. If you’re evaluating a multi-family property in Mason City, this asset presents a straightforward 3-unit structure currently operating with in-place leases.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Mason City

County

Cerro Gordo

State

Iowa

Longitude

-93.198164

Latitude

43.156732

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FAQs

What type of property is this?

Triplex - Three leased units each offer 2 bedrooms and 1 full bathroom, with additional basement space for storage or future improvements.

Where is this triplex located?

The property is located at 512 N Pennsylvania Mason City, IA.

What is the asking price?

The asking price for this property is $176,000.

What are key features of this property?

This property features: Tri‑plex built in 1924 with concrete block construction; Three units total; each unit features 2 bedrooms and 1 full bathroom; Heating includes electric and natural gas with forced air systems