Triplex

Mason City, IA Triplexes for Sale

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Triplex with 2BR/1BA Units
Updated: Feb 11
Triplex with 2BR/1BA Units

512 N Pennsylvania, Mason City, IA 50401

$169,000
Concrete block tri‑plex built in 1924 with 3 separate units
All 3 units feature 2 bedrooms and 1 full bathroom
Upper unit has been freshly updated
Each unit is currently in lease
Spacious basement offers additional storage and potential for future improvements
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

8-Bed Triplex with Leased Units
8-Bed Triplex with Leased Units

1035 Thompson Ravine Road, Mankato, MN 56001

$419,000
3,760 sqft 1.39 AC lot

Fully leased 8-bedroom triplex with tenant-paid utilities and recent interior updates, suitable for steady rental income.

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Mankato Triplex: Investment Opportunity
Mankato Triplex: Investment Opportunity

1104 N 5th Street, Mankato, MN 56001

$280,000
1,225 sqft 0.24 AC lot

Cash-flowing triplex in Mankato with established rental income.

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Triplex with Detached 3-Car Garage
Triplex with Detached 3-Car Garage

810 W 2nd Street, Waterloo, IA 50701

$100,000
0.18 AC lot

Triplex offers three rental units, including two vacant 1-bedroom apartments, plus a detached 3-stall garage.

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Fully Rented Triplex Investment
Fully Rented Triplex Investment

314 Lester Street, Waterloo, IA 50703

$85,000
0.18 AC lot

Three separately metered units with recent interior updates and ongoing owner-paid exterior services.

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Mason City, IA Triplexes Market Trends and Statistics

Explore 1 triplexes for sale in Mason City, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $169,000.

Sale prices for three-family homes in Mason City, IA start at $169,000, averaging $169,000, 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

Apartment buildings 4
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 $169K

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

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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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