Mason City, IA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Mason City, IA Multifamily Properties for Sale

    Notify Me
    List
    Map
    Orange City, IA Clear Lake, IA Nora Springs, IA
    12 listings
    Brick Duplex with Income Potential
    $170,000
    4,536 SF
    Brick Duplex with Income Potential

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

    Classic duplex in Mason City with strong income potential.
    • Strong income potential as a duplex ideal for investors or owner‑occupants.
    • Each unit features 3 bedrooms and 1.5 baths, offering spacious and desirable layouts.
    • Original woodwork and hardwood floors provide classic character and appeal.
    • Separate entrances and front porches for each unit ensure privacy.
    • Durable brick exterior and solid construction.
    Updated: Apr 23
    View details
    Four-Unit Multifamily Property in Mason City
    $145,000
    3,910 SF
    Four-Unit Multifamily Property in Mason City

    321 3rd Street NW, Mason City, IA 50401

    Income-producing fourplex with detached garage and outdoor living spaces.
    • Four income‑producing units under one roof.
    • Detached 3‑stall garage for parking, storage, or rental income.
    • One‑bedroom units with functional layouts.
    • Upper‑level units have private decks.
    • Main‑level units feature patios.
    Updated: May 17
    View details
    Spacious 2BR/1BA Tri-Plex
    $176,000
    Spacious 2BR/1BA Tri-Plex

    Three leased units each offer 2 bedrooms and 1 full bathroom, with additional basement space for storage or future improvements.

    512 N Pennsylvania, Mason City, IA 50401

    View details
    Mixed-Use Plaza Frontage Opportunity
    $730,000
    4,554 SF
    Mixed-Use Plaza Frontage Opportunity

    Six parcels with storefronts, apartments, and business potential.

    10 1st SE St, Mason City, IA 50401

    View details
    Mason City Commercial Package Deal
    $730,000
    3,520 SF
    Mason City Commercial Package Deal

    Six parcels with storefronts, apartments, and business opportunities.

    9 S Federal, Mason City, IA 50401

    View details
    Mason City Commercial Package
    $730,000
    4,554 SF
    Mason City Commercial Package

    Six parcels with storefronts, apartments, and business opportunities.

    10 1st SE, Mason City, IA 50401

    View details
    Mixed-Use Plaza Storefronts For Sale
    $730,000
    3,520 SF
    Mixed-Use Plaza Storefronts For Sale

    Six parcels with storefronts, apartments, and business opportunities.

    7 S Federal, Mason City, IA 50401

    View details
    Mixed-Use Investment Opportunity in Mason
    $730,000
    3,520 SF
    Mixed-Use Investment Opportunity in Mason

    Six parcels with storefronts, apartments, and long-term tenants.

    11 S Federal, Mason City, IA 50401

    View details
    Mixed-Use Plaza Properties Package
    $730,000
    3,520 SF
    Mixed-Use Plaza Properties Package

    Six parcels with storefronts, apartments, and business opportunities.

    11 S Federal Ave, Mason City, IA 50401

    View details
    Mixed-Use Plaza Storefronts Package
    $730,000
    3,520 SF
    Mixed-Use Plaza Storefronts Package

    Six parcels with storefronts, apartments, and business opportunities.

    9 S Federal Ave, Mason City, IA 50401

    View details
    Mixed-Use Plaza Properties Package
    $730,000
    3,520 SF
    Mixed-Use Plaza Properties Package

    Six parcels with storefronts, apartments, and business opportunities.

    7 S Federal Ave, Mason City, IA 50401

    View details
    Mixed-Use Plaza Properties Package
    $730,000
    2,090 SF
    Mixed-Use Plaza Properties Package

    Six parcels with storefronts, apartments, and business opportunities.

    17 S Federal Ave, Mason City, IA 50401

    View details
    Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 12 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.

    Clear Lake Duplex For Sale
    $259,900
    1,292 SF
    Clear Lake Duplex For Sale

    Side-by-side duplex near downtown and lake access in Clear Lake.

    207 8Th Avenue S, Clear Lake, IA 50428

    View details
    Income Producing Iowa Falls Duplex
    $160,000
    0.27 Acres
    Income Producing Iowa Falls Duplex

    Well-maintained duplex with two units, ideal for investors or owner-occupants.

    204-206 E Elm Street, Iowa Falls, IA 50126

    View details
    Well-Maintained Duplex Near Downtown
    $210,000
    1,456 SF
    Well-Maintained Duplex Near Downtown

    Manageable duplex near downtown Clear Lake, ideal for investors.

    704 8th Avenue N, Clear Lake, IA 50428

    View details
    Iowa Falls Duplex Investment
    $79,500
    1,664 SF
    Iowa Falls Duplex Investment

    Side-by-side duplex with hardwood floors and separate utilities.

    604 Hickory Street, Iowa Falls, IA 50126

    View details

    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.

    Waterfront Recreational Land Parcel
    $124,900
    9.30 Acres
    Waterfront Recreational Land Parcel

    Private lakeshore acreage with a gravel central drive and recognized RV or seasonal campground potential, subject to approvals.

    Fulda, MN 56131

    View details
    Improved Residential Lot Ready-to-Go
    Contact for pricing
    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065

    View details
    Buildable Residential Lot with Pines
    $35,000
    2.45 Acres
    Buildable Residential Lot with Pines

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

    Bollig Court lot: 2, Nekoosa, WI 54457

    View details
    Commercial Land Near Freeway
    $799,000
    9.20 Acres
    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037

    View details

    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
    2,274 SF Lot: 4.76 Acres
    Value Estimation by Request

    17698 Vine Ave, Mason City, IA 50401-8754

    View details
    304 3rd NE St
    HIGH-RISE APARTMENTS
    55,924 SF Lot: 1.00 Acre
    Estimated value
    $3,560,000

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

    View details
    1324 Quincy Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.61 Acres
    Value Estimation by Request

    1324 Quincy Ave, Mason City, IA 50401

    View details
    540 State St
    Multifamily properties
    10,038 SF Lot: 1.01 Acres
    Value Estimation by Request

    540 State St, Mason City, IA 50401

    View details
    320 Connecticut Ave
    HIGH-RISE APARTMENTS
    36,416 SF Lot: 0.50 Acres
    Estimated value
    $2,390,000

    320 Connecticut Ave, Mason City, IA 50401

    View details
    4 3rd NW St
    HIGH-RISE APARTMENTS
    117,435 SF Lot: 0.50 Acres
    Estimated value
    $7,090,000

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

    View details

    Mason City, IA Multifamily Properties Market Trends and Statistics

    Explore 18 multifamily properties for sale in Mason City, IA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 40,764 square feet of properties for sale, with an estimated market value of $6,885,000.

    Sale prices for multifamily properties in Mason City, IA start at $145,000, averaging $625,909, and reaching up to $730,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 9
    Duplexes 1
    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 $588.4K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cerro Gordo County

    Office

    Property Size Breakdown

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings