3-Unit Triplex with
New
For Sale
$163,500
214 1st St NW, Mason City, IA 50401
MULTI_FAMILY - MASON CITY, IA
Property SizeContact for details
Days on Market3
Property Features for 214 1st St NW
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RG/GENERAL RES
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 1
Appliances
Refrigerator, Stove
Middle school
John Adams,Newman
Elementary school district
Mason City
Middle school district
Mason City
High school district
Mason City
Subdivision
Northwest
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Description
W 82.5' L 5 & 8 BLK 12 PAUL FELTS PLAT
Tax Annual Amount
1950
Legal Description
W 82.5' L 5 & 8 BLK 12 PAUL FELTS PLAT
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Building Details
Year built
1900
Number of units
3
Building materials
Shake, Stucco
Roof type
Asphalt, Rubber
Listing Agency:
HILDEBRAND REAL ESTATE
(641) 423-5055
Listed By:
TIMOTHY LATHAM · License #B44162
(641) 425-0363
Added: Aug 6
Changed: Aug 8
Last Checked: Aug 8 at 12:06PM
MLS# 260586
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.
Investment Insights
Based on property information with market context.
This 3-unit triplex includes five bedrooms and four bathrooms, with Units 1 and 2 ready for occupancy. Unit 3 requires additional work before it can be rented. The property includes off-street parking, a 2-stall garage, and a 1-stall attached garage. Interior features include refrigerators and stoves, while building systems include hot water heating and central air conditioning. Shake and stucco appear among the construction materials, with rubber and asphalt roofing. Built in 1900, the property is zoned RG/GENERAL RES and is located downtown in Mason City.
Key Highlights
- 3‑unit multifamily property with five bedrooms and four bathrooms
- Units 1 and 2 are ready for occupancy; Unit 3 needs work before renting
- Off‑street parking plus a 2‑stall garage and 1‑stall attached garage
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
907
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Downtown multifamily property with off-street parking and a mix of detached and attached garage space.
Where is this triplex located?
The property is located at 214 1st St NW Mason City, IA.
What is the asking price?
The asking price for this property is $163,500.
What are key features of this property?
This property features: 3‑unit multifamily property with five bedrooms and four bathrooms; Units 1 and 2 are ready for occupancy; Unit 3 needs work before renting; Off‑street parking plus a 2‑stall garage and 1‑stall attached garage
