Search
4-Unit Quadplex
New
For Sale
$135,000

309 E State Street, Mason City, IA 50401

The property sits near downtown Mason City, the MacNider Art Museum, and the public library.

Property Size3,429 SF
Price / SF$39.37
Days on Market2

Property Features for 309 E State Street

General Information

Standard status Active
Size 3,429 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1900
Listing Agency: Jane Fischer & Associates LLC
Listed By: Jenna Sheriff · License #NOC222767
Source: Janefischer
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 2:30AM

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 Jane Fischer & Associates LLC

Investment Insights

Based on property information with market context.

This four-unit residential property at 309 E State Street in Mason City was built in 1900 and contains 3,429 square feet. A living room in one of the units has windows on multiple sides.

Downtown Mason City, the MacNider Art Museum, and the library are nearby.

Key Highlights

  • Four‑unit quadplex at one address
  • 3,429 square feet
  • Built in 1900

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Bakery Real Estate Agency Barber Shop (Bike/Boat/Book/etc) Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,029
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - The property sits near downtown Mason City, the MacNider Art Museum, and the public library.
Where is this quadplex located?
The property is located at 309 E State Street Mason City, IA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Four‑unit quadplex at one address; 3,429 square feet; Built in 1900
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again