Updated Upper-Unit
New
For Sale
$157,000
512 N Pennsylvania, Mason City, IA 50401
Three leased apartments provide two bedrooms and one full bathroom per unit, with an updated upper residence and basement storage.
Property SizeContact for details
Days on Market4
Property Features for 512 N Pennsylvania
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Building Details
Year Built
1924
Tenancy
Multi
Listing Agency:
REALTY ONE GROUP MOVEMENT
Listed By:
Jorge Reyes-Hernandez · License #888
(515) 851-9015
Source:
Janefischer
Added: Sep 16
Last Checked: Sep 19 at 6:30AM
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 REALTY ONE GROUP MOVEMENT
Investment Insights
Based on property information with market context.
Built in 1924, this triplex contains three residential units, each configured with two bedrooms and one full bathroom. The upper apartment has been updated with contemporary improvements, while a spacious basement adds storage capacity and room for future improvements. All three units are currently leased, providing an established occupancy profile for the property.
The building is located at 512 N Pennsylvania in Mason City, Iowa, near a convenience store. The three-unit layout also offers flexibility for an owner occupant who may choose to reside in one apartment while the remaining units are leased, subject to applicable leasing and occupancy considerations.
The building is located at 512 N Pennsylvania in Mason City, Iowa, near a convenience store. The three-unit layout also offers flexibility for an owner occupant who may choose to reside in one apartment while the remaining units are leased, subject to applicable leasing and occupancy considerations.
Key Highlights
- Three‑unit multifamily property built in 1924
- Each unit includes 2 bedrooms and 1 full bathroom
- Upper unit has been freshly updated
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
945
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three leased apartments provide two bedrooms and one full bathroom per unit, with an updated upper residence and basement storage.
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 $157,000.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1924; Each unit includes 2 bedrooms and 1 full bathroom; Upper unit has been freshly updated
