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    Mason City, IA
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    Mason City, IA Multifamily Properties for Sale

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    Clear Lake, IA Manly, IA Nora Springs, IA Rockford, IA Ventura, IA Rudd, IA Sheffield, IA Northwood, IA
    7 properties
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    Duplex with One-Stall Attached Garage
    Updated: Jul 19
    Duplex with One-Stall Attached Garage

    402 7th Street SE, Mason City, IA 50401

    $135,000
    1,760 sqft
    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
    1,760 SF duplex built in 1920
    Vinyl siding, shingle roof, and forced‑air heating
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    Side-by-Side Duplex with Detached Garage
    Updated: Jul 19
    Side-by-Side Duplex with Detached Garage

    119 S Pennsylvania Avenue, Mason City, IA 50401

    $150,000
    3,000 sqft 0.13 AC lot
    Side‑by‑side duplex with two 2‑bedroom units
    Separate entrances for each unit
    Detached 2‑stall garage for parking and storage
    0.13‑acre lot and 3,000 SF total building area
    Brick construction with forced‑air heating
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    Side-by-Side Duplex With Detached Garage
    Side-by-Side Duplex With Detached Garage

    242 14th Street SE, Mason City, IA 50401

    $165,000
    3,060 sqft 0.17 AC lot

    Side-by-side duplex with separate entrances, forced-air heat, and public water, plus a detached two-stall garage for parking and storage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Side-by-Side Duplex with Detached Garage
    Side-by-Side Duplex with Detached Garage

    18 Linden Drive, Mason City, IA 50401

    $150,000
    3,060 sqft

    Side-by-side duplex with two 2-bedroom, 1-bath units, an enclosed porch, and an upper-level deck, plus a detached 2-stall garage.

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    Brick Duplex with Detached Garage
    Brick Duplex with Detached Garage

    25-27 6th Street NW, Mason City, IA 50401

    $158,000
    4,536 sqft 0.14 AC lot

    Brick duplex zoned Residential-Multi-Family with separate entrances, front porches, and a full basement.

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    4-Unit Quadplex with Detached Garage
    4-Unit Quadplex with Detached Garage

    321 3rd Street NW, Mason City, IA 50401

    $145,000
    3,910 sqft 0.13 AC lot

    Residential quadplex on a 0.13-acre lot with four one-bedroom units, patios/decks, and a detached garage.

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    Three-Unit Triplex with Two-Bedroom Layouts
    Three-Unit Triplex with Two-Bedroom Layouts

    512 N Pennsylvania, Mason City, IA 50401

    $169,000

    Three-unit triplex in Mason City with each unit offering two bedrooms and one full bathroom under current leases.

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 7 Active listings in Mason City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Well-Maintained Duplex with Central A/C
    Well-Maintained Duplex with Central A/C

    308 S 12th Street, Clear Lake, IA 50428

    $287,500
    1,243 sqft 0.16 AC lot

    Duplex with refreshed interiors, including new central A/C units for comfortable, move-in-ready rental or owner-occupant living.

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    One-Story Brick Fourplex
    One-Story Brick Fourplex

    605 1st St, Rudd, IA 50471

    $220,000
    2,688 sqft

    Brick one-story fourplex on a corner lot with off-street paved parking and steel roof, fully occupied.

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    Brick One-Story Four-Plex
    Brick One-Story Four-Plex

    605 1st Street, Rudd, IA 50471

    $220,000
    0.30 AC lot

    Fully occupied four-plex on a corner lot with paved off-street parking and appliances included.

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    Remodeled Duplex with Garage Parking
    Remodeled Duplex with Garage Parking

    805 805 1/2 W 10th Av N Street, Clear Lake, IA 50428

    $268,500
    1,308 sqft 0.28 AC lot

    Fully remodeled duplex with updated interiors and each unit featuring a dedicated garage parking space.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lakeshore Recreation Land Parcel
    Lakeshore Recreation Land Parcel

    Tripp, Fulda, MN 56131

    $124,900
    9.30 AC lot

    Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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    Buildable Residential Lot with Pines
    Buildable Residential Lot with Pines

    Bollig Court lot: 2, Nekoosa, WI 54457

    $35,000
    2.45 AC lot

    A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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    Commercial Development Land Parcel
    Commercial Development Land Parcel

    101 Morris Avenue, Hinckley, MN 55037

    $799,000
    9.20 AC lot

    Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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    Developed Multi-Pad Development Land
    Developed Multi-Pad Development Land

    N 41st St, Bethany, MO 64424

    $249,900
    10.00 AC lot

    10-acre development site with 10 constructed dirt pads, cul-de-sac road layout, and a billboard generating $100 monthly.

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    Off-Market Properties in Mason City, IA

    Consider similar Off-Market properties in Mason City, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    17698 Vine Ave
    MOBILE HOME PARK, TRAILER PARK

    17698 Vine Ave, Mason City, IA 50401-8754

    Value Estimation by Request
    2,274 sqft 4.76 AC lot
    View details
    304 3rd NE St
    HIGH-RISE APARTMENTS

    304 3rd NE St, Mason City, IA 50401-3467

    $3,560,000
    Estimated value
    55,924 sqft 1.00 AC lot
    View details
    1324 Quincy Ave
    MOBILE HOME PARK, TRAILER PARK

    1324 Quincy Ave, Mason City, IA 50401

    Value Estimation by Request
    1.61 AC lot
    View details
    540 State St
    Multifamily properties

    540 State St, Mason City, IA 50401

    Value Estimation by Request
    10,038 sqft 1.01 AC lot
    View details
    320 Connecticut Ave
    HIGH-RISE APARTMENTS

    320 Connecticut Ave, Mason City, IA 50401

    $2,390,000
    Estimated value
    36,416 sqft 0.50 AC lot
    View details
    4 3rd NW St
    HIGH-RISE APARTMENTS

    4 3rd NW St, Mason City, IA 50401-3251

    $7,090,000
    Estimated value
    117,435 sqft 0.50 AC lot
    View details

    Mason City, IA Multifamily Properties Market Trends and Statistics

    Explore 13 multifamily properties for sale in Mason City, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 19,326 square feet of properties for sale, with an estimated market value of $1,072,000.

    Sale prices for multifamily properties in Mason City, IA start at $135,000, averaging $153,142, and reaching up to $169,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5
    Apartment buildings 4
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) -0.7%
    Median Household Income $63,807
    College Educated 14.7%

    High-Yield Neighborhoods for Investment

    Identify Mason City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50401 $154.1K

    Taxes & Financing

    Tax Rate (average for all types) 2.38%
    Property Tax per SF $31.10 per SF
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cerro Gordo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Mason City fall within the 50,000 to 100,000 square foot range.

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