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48-Unit Apartment Building
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1115 4th Street Southeast, Mason City, IA 50401

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

Property SizeContact for details
Days on Market3

Property Features for 1115 4th Street Southeast

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 24 x 2BR/1BA, 24 x 2BR/1.5BA
Multifamily Units 48

Amenities

courtyard
Listed By: Max Colby · License #IA S61308000
Source: Cbre
Added: Sep 16 Last Checked: Sep 18 at 5:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Max Colby

Investment Insights

Based on property information with market context.

De Ville Apartments is a 48-unit apartment community at 1115–1119 4th Street SE in Mason City, Iowa. The property includes 24 two-bedroom, one-bath residences and 24 two-bedroom, one-and-a-half-bath residences, with floor plans ranging from approximately 890 to 930 square feet.

A shared courtyard is among the property’s identified features. The apartment community is located at 1115 4th Street Southeast, Mason City, IA 50401.

Key Highlights

  • 48‑unit apartment community in Mason City, Iowa
  • Balanced mix of 24 two‑bedroom/one‑bath and 24 two‑bedroom/one‑and‑a‑half‑bath residences
  • Floor plans range from approximately 890 to 930 square feet

Property Analytics

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Current Use

De Ville IV ... Apartment Building DeVille Quartz Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency HVAC Service Barber Shop Dental Office Law Firm Parking Lot & Garage

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

Lease Details

48
Residential units

Location Intelligence

Trade Area within ½ mile

256
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
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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?
Apartment building - Two-bedroom residences offer varied bathroom layouts and access to a shared courtyard.
Where is this apartment building located?
The property is located at 1115 4th Street Southeast Mason City, IA.
What are key features of this property?
This property features: 48‑unit apartment community in Mason City, Iowa; Balanced mix of 24 two‑bedroom/one‑bath and 24 two‑bedroom/one‑and‑a‑half‑bath residences; Floor plans range from approximately 890 to 930 square feet
More about this property
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