Residential Income

Mason City, IA Residential Income Properties for Sale

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15 properties
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Four-Unit Quadplex
Updated: Oct 4
Four-Unit Quadplex

309 E State Street, Mason City, IA 50401

$135,000
3,429 sqft 0.12 AC lot
Four residential units
3,429 square feet on a 0.12‑acre lot
Built in 1895
Exterior includes stone, shakes, and vinyl siding
Forced‑air heating and public water
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Brick Duplex with Original Woodwork
Updated: Apr 23
Brick Duplex with Original Woodwork

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

$158,000
4,536 sqft 0.14 AC lot
Two‑unit brick duplex with 4,536 square feet
Each unit has 3 bedrooms and 1.5 baths
Built in 1914 with original woodwork and hardwood floors
Separate entrances and front porches for both units
Full basement, shared yard, and detached garage
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Side-by-Side Duplex
Side-by-Side Duplex

242 14th Street SE, Mason City, IA 50401

$165,000
3,060 sqft 0.17 AC lot

Separate entrances and individual kitchens support independent use of the two residences.

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

18 Linden Drive, Mason City, IA 50401

$150,000
3,060 sqft

Two separate residences share an enclosed porch, upper-level deck, and detached garage.

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Duplex with Detached Garage
Duplex with Detached Garage

119 S Pennsylvania Avenue, Mason City, IA 50401

$150,000
3,000 sqft 0.13 AC lot

Two separate residences share a detached garage, with private entrances serving each unit.

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Duplex With Attached Garage
Duplex With Attached Garage

402 7th Street SE, Mason City, IA 50401

$135,000
1,760 sqft

Two two-bedroom residences occupy separate floors, each with a full bath and functional kitchen.

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

321 3rd Street NW, Mason City, IA 50401

$135,000
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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4-Unit Quadplex with Garages
4-Unit Quadplex with Garages

210-212 4th Street NE, Mason City, IA 50401

$159,900
2,736 sqft 0.14 AC lot

Four one-bedroom apartments feature separate gas and electric metering, basement storage, and shared laundry facilities.

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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.

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4-Unit Quadplex with Garages
4-Unit Quadplex with Garages

210-212 4th NE, Mason City, IA 50401

$159,900
0.14 AC lot

Residents have basement storage, shared coin-operated laundry, and access to a rear concrete patio.

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

214 1st NW, Mason City, IA 50401

$158,500

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

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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 32 Potential Opportunities for your consideration. Besides 15 Active listings in Mason City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

Updated Two-Unit Duplex
Updated Two-Unit Duplex

308 S 12th Street, Clear Lake, IA 50428

$275,000
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

$275,000
1,243 sqft

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

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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.

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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.

24.22 Acres Residential Land
24.22 Acres Residential Land

S 27th Ave & South 8th St, Clear Lake, IA 50428

$1,700,000
24.22 AC lot

Prime residential land near golf course and Clear Lake.

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10-Acre Countryside Building Opportunity
10-Acre Countryside Building Opportunity

Prairie View Place, Rockford, IA 50468

$149,750
10.12 AC lot

10+ acre lot perfect for custom builds or country retreat.

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Agricultural Land With Scenic Views
Agricultural Land With Scenic Views

Dogwood Ave, Rockford, IA 50468

$173,000
17.00 AC lot

Secluded acreage with recreational, building-site, and future agricultural use potential.

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Ridge Stone Golf Club Lots
Ridge Stone Golf Club Lots

602 Claydigger Run, Sheffield, IA 50475

Contact for pricing
0.37 AC lot

Residential lots at Ridge Stone Golf Club in Sheffield, Iowa.

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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

Estimated value: 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

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: by Request
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 Residential Income Properties Market Trends and Statistics

Explore 24 residential income properties for sale in Mason City, IA, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 33,311 square feet of properties for sale, with an estimated market value of $2,113,300.

Sale prices for residential income properties in Mason City, IA start at $135,000, averaging $150,950, 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

Multifamily properties 15
Duplexes 8
Quadplexes 4
Triplexes 2
Apartment buildings 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 $152.2K

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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