Triplex with 2BR/1BA
512 N Pennsylvania Mason City, IA 50401
For Sale
$169,000
MULTI_FAMILY - MASON CITY, IA
Days on Market168
Property Features for 512 N Pennsylvania
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Z2 - Sub-Urban District
Standard status
Active
Taxes and HOA fees
Tax Year
2024
Tax Description
N 36' L 20 & N 50' L'S 21 & 22 BLK 37 RAILROAD ADD
Tax Annual Amount
1266
Utilities
Heating system
Natural Gas, Forced Air, Electric (Heating)
Building Details
Year built
1924
Number of units
3
Building materials
Concrete Block
Roof type
Asphalt
Listing Agency:
REALTY ONE GROUP WELCOME HOME
(641) 357-4663
Listed By:
KRYSTLE HESSE · License #B56732
(641) 430-7654
Added: Feb 11
Changed: Jul 12
Last Checked: Jul 29 at 12:06PM
MLS# 260072
Copyright © 2026 Greater Mason City Board of Realtors. 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 for-sale triplex offers three residential units, each featuring 2 bedrooms and 1 full bathroom. The upper unit has been freshly updated, and the remaining units are described as part of a maintained residential income setup. A very spacious basement adds on-site utility for storage and potential future improvements, depending on how an owner chooses to develop the space. The property is currently arranged with all units in leases.
The property is located at 512 N Pennsylvania in Mason City, Iowa 50401. It is positioned in a convenient area of the city, with a nearby convenience store referenced in the remarks. The property is zoned Z2 - Sub-Urban District.
This configuration can fit buyers looking for a small, manageable rental portfolio with multiple separate units under lease. With three units sharing a consistent 2-bedroom/1-bath layout, the building may be practical for tenant placement and unit turnover strategies. The included basement space can support everyday operational needs like storage, and it may also serve as a foundation for future interior enhancements, subject to applicable regulations and owner plans.
The property is located at 512 N Pennsylvania in Mason City, Iowa 50401. It is positioned in a convenient area of the city, with a nearby convenience store referenced in the remarks. The property is zoned Z2 - Sub-Urban District.
This configuration can fit buyers looking for a small, manageable rental portfolio with multiple separate units under lease. With three units sharing a consistent 2-bedroom/1-bath layout, the building may be practical for tenant placement and unit turnover strategies. The included basement space can support everyday operational needs like storage, and it may also serve as a foundation for future interior enhancements, subject to applicable regulations and owner plans.
Key Highlights
- Concrete block tri‑plex built in 1924 with 3 separate units
- All 3 units feature 2 bedrooms and 1 full bathroom
- Upper unit has been freshly updated
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Tri-plex in Z2 zoning with three leased 2-bedroom, 1-bath units and a spacious basement.
Where is this triplex located?
The property is located at 512 N Pennsylvania Mason City, IA.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Concrete block tri‑plex built in 1924 with 3 separate units; All 3 units feature 2 bedrooms and 1 full bathroom; Upper unit has been freshly updated
