Triplex

Mason City, IA Triplexes for Sale

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3-Unit Triplex with Garages
Updated: Aug 6
3-Unit Triplex with Garages

214 1st NW, Mason City, IA 50401

$158,500
Three‑unit triplex with five bedrooms and four bathrooms
Two‑stall garage plus one‑stall attached garage
Off‑street parking included
Units 1 and 2 are ready for occupancy
Unit 3 requires work before it can be rented
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Updated Upper-Unit Triplex
Updated: Sep 16
Updated Upper-Unit Triplex

512 N Pennsylvania, Mason City, IA 50401

$157,000
Three‑unit multifamily property built in 1924
Each unit includes 2 bedrooms and 1 full bathroom
Upper unit has been freshly updated
All units are currently leased
Spacious basement with storage and future improvement potential
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mason City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Three-Unit Residential Property
Three-Unit Residential Property

310 Taft St S, Humboldt, IA 50548

$100,000
2,025 sqft 0.16 AC lot

Residential income property with two occupied units and one vacant unit for renovation or future occupancy.

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Triplex with Vacant Unit
Triplex with Vacant Unit

310 S Taft Street, Humboldt, IA 50548

$100,000
2,025 sqft 0.16 AC lot

Three-unit residential property with two rented units and one vacant unit offering flexibility for renovation.

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Fully Rented Triplex with Separate Meters
Fully Rented Triplex with Separate Meters

314 Lester St, Waterloo, IA 50703

$85,000
1,380 sqft

Triplex income property with three 1-bedroom units, each with its own electric meter and updated interiors.

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Updated Triplex
Updated Triplex

314 Lester Street, Waterloo, IA 50703

$85,000
0.18 AC lot

Fully leased three-unit property with individually metered electricity and recent interior improvements.

View details

Mason City, IA Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Mason City, IA on our real estate platform.

Sale prices for three-family homes in Mason City, IA start at $157,000, averaging $157,750, and reaching up to $158,500 — 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
Quadplexes 5
Apartment buildings 4
Triplexes 2

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 $157.8K

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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