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

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    Rockford, IA Clear Lake, IA Rockwell, IA Nora Springs, IA Grafton, IA Ventura, IA Rudd, IA Sheffield, IA
    12 properties
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    Two-Unit Duplex with Attached Garage
    Updated: Jul 19
    Two-Unit Duplex with Attached Garage

    402 7th Street SE, Mason City, IA 50401

    $135,000
    1,760 sqft
    1,760‑square‑foot duplex at 402 7th Street SE, Mason City, IA 50401
    Two‑bedroom layout in each unit with a full bathroom
    Up‑and‑down configuration with separate residential living areas
    One‑stall attached garage provides parking and additional storage
    Built in 1920 with vinyl siding, shingle roof, forced‑air heat, and public water
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    Side-by-Side Duplex with Garage
    Updated: Jul 19
    Side-by-Side Duplex with Garage

    18 Linden Drive, Mason City, IA 50401

    $150,000
    3,060 sqft
    Two units, each with 2 bedrooms and 1 bathroom
    3,060 square feet of building area
    1919 construction with vinyl siding and shingle roofing
    Detached 2‑stall garage for parking and storage
    Enclosed porch and upper‑level deck overlooking the backyard
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    Side-by-Side Duplex with Garage
    Side-by-Side Duplex with Garage

    242 14th Street SE, Mason City, IA 50401

    $165,000
    3,060 sqft 0.17 AC lot

    Two separate residences offer flexible rental or owner-occupant use with detached parking and storage.

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    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    402 7th Street SE, Mason City, IA 50401

    $135,000
    1,760 sqft

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

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    Side-by-Side Duplex with Garage
    Side-by-Side Duplex with Garage

    119 S Pennsylvania Avenue, Mason City, IA 50401

    $150,000
    3,000 sqft 0.13 AC lot

    Two private residences share a practical layout with separate entrances, bright interiors, and detached parking and storage.

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    Brick Duplex with Original Woodwork
    Brick Duplex with Original Woodwork

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

    $158,000
    4,536 sqft 0.14 AC lot

    Two spacious units feature separate entrances, front porches, and functional layouts with original interior details.

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    Four-Unit Property with Garage
    Four-Unit Property with Garage

    321 3rd Street NW, Mason City, IA 50401

    $145,000
    3,910 sqft 0.13 AC lot

    Four one-bedroom units with private outdoor areas and a detached three-stall garage.

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    Side-by-Side Duplex with Garage
    Side-by-Side Duplex with Garage

    119 S Pennsylvania Avenue, Mason City, IA 50401

    $150,000
    3,000 sqft

    Two private residences feature separate entrances, practical kitchens, and comfortable two-bedroom layouts.

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    3-Unit Triplex with Garages
    3-Unit Triplex with Garages

    214 1st NW, Mason City, IA 50401

    $163,500

    Residential property offering off-street parking, multiple garage spaces, and a mix of ready and unfinished unit improvements.

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    Side-by-Side Duplex with Garage
    Side-by-Side Duplex with Garage

    242 14th Street SE, Mason City, IA 50401

    $165,000
    3,060 sqft

    Two separate residences offer flexible occupancy options with individual entrances and shared detached parking and storage.

    View details
    Updated Upper-Unit Triplex
    Updated Upper-Unit Triplex

    512 N Pennsylvania, Mason City, IA 50401

    $157,000

    Three leased apartments provide two bedrooms and one full bathroom per unit, with an updated upper residence and basement storage.

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    48-Unit Apartment Building
    48-Unit Apartment Building

    1115 4th Street Southeast, Mason City, IA 50401

    Contact for pricing

    Two-bedroom residences offer varied bathroom layouts and access to a shared courtyard.

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    Based on your search, we've compiled 22 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

    Opportunities in Nearby Cities

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

    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    308 S 12th Street, Clear Lake, IA 50428

    $287,500
    1,243 sqft 0.16 AC lot

    Two separate residences support owner occupancy in one unit while the other is used for rental income.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    308 S 12th Street, Clear Lake, IA 50428

    $287,500
    1,243 sqft

    Two refreshed residences offer separate layouts, updated flooring, new paint, and individual central A/C systems.

    View details
    One-Story Brick Fourplex
    One-Story Brick Fourplex

    605 1st Street, 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 Fourplex with Off-Street Parking
    Brick Fourplex with Off-Street Parking

    605 1st Street, Rudd, IA 50471

    $220,000
    0.30 AC lot

    Fully occupied four-unit property with brick construction, metal roofing, and paved off-street parking on a corner lot.

    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

    17698 Vine Ave, Mason City, IA 50401-8754

    Estimated value:
    No data
    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

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

    1324 Quincy Ave, Mason City, IA 50401

    Estimated value:
    $230,000
    1.61 AC lot
    View details
    540 State St
    Multifamily properties

    540 State St, Mason City, IA 50401

    Estimated value:
    No data
    10,038 sqft 1.01 AC lot
    View details
    320 Connecticut Ave
    HIGH-RISE APARTMENTS

    320 Connecticut Ave, Mason City, IA 50401

    Estimated value:
    $2,390,000
    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

    Estimated value:
    $7,090,000
    117,435 sqft 0.50 AC lot
    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 27,146 square feet of properties for sale, with an estimated market value of $1,673,500.

    Sale prices for multifamily properties in Mason City, IA start at $135,000, averaging $152,136, and reaching up to $165,000 — 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 8
    Triplexes 2
    Apartment buildings 1
    Quadplexes 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 $151.7K

    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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    • 50401

    Featured Mason City Real Estate Agencies

    Realmo connects you with licensed Mason City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Hildebrand Real Estate
    506 4th SW Mason City, IA 50401
    Phone: 16415124816
    www.hildebrandrealestate.com

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