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Duplex with One-Stall Attached Garage
For Sale
$135,000

402 7th Street SE, Mason City, IA 50401

MULTI_FAMILY - Mason City, IA

Property Size1,760 SF
Price / SF$76.70
Days on Market49

Property Features for 402 7th Street SE

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Full
Subdivision PARKER & FOSTERS 2ND ADD
Directions 7th St SE & S Connecticut Ave
Standard status Active
APN 071033301000
Size 1,760 SF

Taxes and HOA fees

Tax Year 2025
Tax Description S 50' L 1 IN HAYES SUB L 8 BLK 3 PARKER & FOSTERS 2ND ADD
Tax Annual Amount 1306
Legal Description S 50' L 1 IN HAYES SUB L 8 BLK 3 PARKER & FOSTERS 2ND ADD

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: Jane Fischer & Associates LLC
Listed By: Jenna Sheriff · License #NOC222767
Added: Jul 19 Changed: Jul 31 Last Checked: Sep 5 at 6:06PM
MLS# 6340545

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 well-maintained up-and-down duplex offers two comfortable, self-contained living spaces. Each unit features two bedrooms, functional kitchens with plenty of cabinet storage, and full bathrooms. Large windows help create a bright interior, and a one-stall attached garage provides convenient parking and additional storage. The property is built with vinyl siding, has a shingle roof, and is heated with forced air. Public water is available.

The duplex sits in Mason City, IA, in a convenient setting close to schools, parks, and everyday amenities.

Please note the sale structure: the property is being sold as a package with six properties total, including 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

  • Up‑and‑down duplex with two bedrooms in each unit
  • Functional kitchens with ample cabinet storage and full bathrooms
  • One‑stall attached garage for parking and extra storage

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Up-and-down duplex with two bedrooms per unit, plus a one-stall attached garage and public utilities in a 1920 build.
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: Up‑and‑down duplex with two bedrooms in each unit; Functional kitchens with ample cabinet storage and full bathrooms; One‑stall attached garage for parking and extra storage
More about this property
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