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Duplex with Central Air

232 1st SW, Mason City, IA 50401

For Sale
New
$160,000

MULTI-FAMILY, MASON CITY, IA

Property SizeContact for details
Days on Market1

Property Features for 232 1st SW

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RG/GENERAL RES
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1
Appliances Refrigerator, Stove
Elementary school district Mason City
Middle school district Mason City
High school district Mason City
Subdivision Southwest
Standard status Active

Taxes and HOA fees

Tax Description W 56' S 60' L 3 Aud PL L3-6 Blk 19 Paul Felts Plat
Tax Annual Amount 1388
Legal Description W 56' S 60' L 3 Aud PL L3-6 Blk 19 Paul Felts Plat

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1926
Number of units 2
Building materials Frame
Roof type Asphalt
Listing Agency: AMERICAN REALTY & MGMT CO
Listed By: CONNIE SPRINGER · License #110
Added: Nov 6 Last Checked: Nov 6 at 6:06PM
MLS# 260854

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1926, this frame duplex has four bedrooms and two bathrooms. The property includes a refrigerator and stove, with forced-air natural gas heat and central air conditioning. An asphalt roof completes the building’s listed features.

Key Highlights

  • Duplex with 4 bedrooms and 2 bathrooms
  • RG/GENERAL RES zoning
  • Built in 1926

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,630
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

Frequently Asked Questions

What type of property is this?
Duplex - The property has four bedrooms, two bathrooms, and RG/GENERAL RES zoning.
Where is this duplex located?
The property is located at 232 1st SW Mason City, IA.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Duplex with 4 bedrooms and 2 bathrooms; RG/GENERAL RES zoning; Built in 1926
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Includes: Price & PSF · Cap rate · Location · Zoning

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