4-Unit Quadplex with Detached
For Sale
$145,000
321 3rd Street NW, Mason City, IA 50401
MULTI_FAMILY - Mason City, IA
Property Size3,910 SF
Lot Size0.13 Acres
Price / SF$37.08
Days on Market105
Property Features for 321 3rd Street NW
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Residential-Multi-Family
Basement
Full
Subdivision
PARKERS ADD
Directions
3rd St NW & N Madison Ave
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
1350
Legal Description
W 42' E 82' L'S 2 & 3 BLK 52 H G PARKERS ADD
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 Agency:
Jane Fischer & Associates LLC
(641) 424-4663
Listed By:
Jenna Sheriff · License #NOC222767
(641) 420-1955
Added: May 17
Changed: Jul 31
Last Checked: Aug 29 at 7:06PM
MLS# 6338410
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 4-unit quadplex includes four one-bedroom units designed for comfortable living. Main-level units feature patios extending outdoor living space, while upper-level tenants have private decks. Constructed with block and wood siding, the building is supported by forced-air heating and a shingle roof, with public water service.
The property sits on a 0.13-acre lot and has a detached 3-stall garage, offering additional parking and flexible space for storage or potential rental use. Zoned Residential-Multi-Family, it’s positioned for investors seeking an income-producing residential setup within Cerro Gordo County.
Built in 1916 and totaling 3,910 square feet, this quadplex brings multiple income units under one roof, with outdoor amenities attached to each level’s living spaces.
The property sits on a 0.13-acre lot and has a detached 3-stall garage, offering additional parking and flexible space for storage or potential rental use. Zoned Residential-Multi-Family, it’s positioned for investors seeking an income-producing residential setup within Cerro Gordo County.
Built in 1916 and totaling 3,910 square feet, this quadplex brings multiple income units under one roof, with outdoor amenities attached to each level’s living spaces.
Key Highlights
- 0.13‑acre lot with 3,910 SF 4‑unit quadplex
- Four one‑bedroom units with patios (main level) and private decks (upper level)
- Detached 3‑stall garage for added parking and flexible storage or rental space
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,584
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?
Quadplex - Residential quadplex on a 0.13-acre lot with four one-bedroom units, patios/decks, and a detached garage.
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: 0.13‑acre lot with 3,910 SF 4‑unit quadplex; Four one‑bedroom units with patios (main level) and private decks (upper level); Detached 3‑stall garage for added parking and flexible storage or rental space
