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    Four-Unit Multifamily Property in Mason City

    321 3rd Street NW Mason City, IA 50401

    321 3rd Street NW, Mason City, IA, 50401
    $145,000
    For Sale
    Claim this Listing
    $145,000

    MULTI_FAMILY - Mason City, IA

    Property Size3,910 SF
    Lot Size0.13 Acres
    Price / SF$37.08
    AddedMay 17
    Days on Market60
    Last RefreshJul 15 at 6:06 am

    Property Features for 321 3rd Street NW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential-Multi-Family
    Basement
    Full
    Standard status
    Active
    APN
    070920900200
    Size
    3,910 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    W 42' E 82' L'S 2 & 3 BLK 52 H G PARKERS ADD
    Tax Annual Amount
    1128

    Utilities

    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1916
    Floors in Building
    2
    Number of units
    4
    Building materials
    Block, Wood Siding
    Roof type
    Shingle

    Listing agent Jenna Sheriff License #B64769

    Listing office Jane Fischer & Associates LLC 1002 E State St, Suite B, Mason City, IA

    Listing date May 17, 2026

    MLS# 6338410 Listing URL

    Copyright © 2026 NoCoast MLS. 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 four-unit multifamily property in Mason City, Iowa, presents an investment opportunity with income potential. Each of the one-bedroom units features a functional layout. The units include hardwood floor accents. Upper-level tenants have access to private decks, while main-level units feature patios. A detached three-stall garage provides additional parking, storage, or rental opportunities. The property is suitable for investors looking to expand their portfolio or for those stepping into multi-family ownership. The lot size is 0.13 acres. The property size is 3910 square feet. The property is zoned for residential multi-family use.

    Key Highlights

    • Four income‑producing units under one roof.
    • Detached 3‑stall garage for parking, storage, or rental income.
    • One‑bedroom units with functional layouts.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Florist

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Quadplex - Income-producing fourplex with detached garage and outdoor living spaces.
    Where is this quadplex located?
    The property is located at 321 3rd Street NW Mason City, IA.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: Four income‑producing units under one roof.; Detached 3‑stall garage for parking, storage, or rental income.; One‑bedroom units with functional layouts.
    Contact an agent
    (641) 420-1955
    We can help!
    Contact an agent
    Jenna Sheriff
    Jenna Sheriff
    Real Estate License ID: B64769
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