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Two-Unit Duplex with Garage
For Sale
$135,000

402 7th Street SE, Mason City, IA 50401

Up-and-down layout with two-bedroom units and attached parking.

Property Size1,760 SF
Price / SF$76.70
Days on Market44

Property Features for 402 7th Street SE

General Information

Standard status Active
Size 1,760 SF
Property subtype Multi-Family

Building Details

Year Built 1920
Buildings 6
Listing Agency: Jane Fischer & Associates LLC
Listed By: Jenna Sheriff · License #NOC222767
Source: Janefischer
Added: Jul 20 Changed: Aug 29 Last Checked: Sep 1 at 3:08PM

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 1,760-square-foot duplex has an up-and-down configuration with two residential units. Each unit includes two bedrooms, a full bathroom, a living area, and a kitchen with substantial cabinet storage. Large windows bring natural light into the interiors, while the attached one-stall garage provides parking and additional storage. Built in 1920, the property offers a straightforward two-unit layout for residential income use or shared occupancy.

The duplex is located near schools, parks, and everyday amenities. It is being sold as part of a six-property package that also includes 511 N Jackson Ave, 242 14th St SE, 402 7th St SE, 119 S Pennsylvania Ave, 323 9th St NE, and 18 Linden Dr.

Key Highlights

  • Two‑unit duplex with 1,760 SF of building area
  • Each unit has 2 bedrooms, a full bathroom, living space, and a kitchen
  • Up‑and‑down residential layout

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Carpet & Flooring Store Grocery & Convenience Store Bakery Cosmetic 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.

Location Intelligence

Trade Area within ½ mile

673
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Up-and-down layout with two-bedroom units and attached parking.
Where is this duplex located?
The property is located at 402 7th Street SE 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: Two‑unit duplex with 1,760 SF of building area; Each unit has 2 bedrooms, a full bathroom, living space, and a kitchen; Up‑and‑down residential layout
More about this property
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