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Mason City, IA Multifamily Homes & Duplexes for Sale

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  • /13

    $32,500

    • 3 Beds
    • 3 Baths
    • 2,165 Sq Ft

    709 S Pennsylvania Ave, Mason City, IA 50401

    This home presents an excellent investment opportunity as a duplex, or can easily be converted to a single family home. It needs some updating and repairs, but has tons of potential with solid bones. Build equity immediately!! Excellent location, bargain price- call today!!

    Dave Wiges McCord Insurance & Real Estate

    709 S Pennsylvania Ave, Mason City, IA 50401
  • /17

    $135,000

    • 4 Beds
    • 2 Baths

    522 N Madison Ave, Mason City, IA 50401

    Partially remodeled duplex. Both apartments are two bedroom one bath. Detached garage corner lot

    Ben Hauge HOME NORTH IOWA

    522 N Madison Ave, Mason City, IA 50401
  • /19

    $79,500

    • 4 Beds
    • 2 Baths

    231 8th St SE, Mason City, IA 50401

    2 unit side by side 2 story duplex. East side unit #233 features 2 bedrooms, living room, a relaxing sunroom, kitchen/laundry combo, bathroom and its own basement.. West side unit #231 has 2 bedrooms, living room, kitchen, bathroom, and its own basement. Good income producer and a great addition to your Rental Portfolio.

    Roger Flieth CENTURY 21 PREFERRED

    231 8th St SE, Mason City, IA 50401
  • /24

    $87,000

    • 4 Beds
    • 2 Baths
    • 1,496 Sq Ft

    116 & 116 1/2 9th NW, Mason City, IA 50401

    2 unit up and down duplex. Unit one on main level with 1088 sq. ft. has kitchen, bathroom, living room and 3 bedrooms. Unit two is an upper level unit with 408 sq ft. has a kitchen, bathroom, living room and one bedroom. Tenants pay all utilities. A good income producer to add to your rental portfolio.

    Roger Flieth CENTURY 21 PREFERRED

    116 & 116 1/2 9th NW, Mason City, IA 50401
  • /22

    $87,000

    • 2,104 Sq Ft

    116-116.5 9th St NW, Mason City, IA 50401

    2 unit up and down duplex. Unit one on main level with 1088 sq. ft. has kitchen, bathroom, living room and 3 bedrooms. Unit two is an upper level unit with 408 sq ft. has a kitchen, bathroom, living room and one bedroom. Tenants pay all utilities. A good income producer to add to your rental portfolio.

    Roger Flieth Century 21 Preferred

    116-116.5 9th St NW, Mason City, IA 50401
  • /46

    $430,000

    • Studio

    305 5th St NW Unit 1-12, Mason City, IA 50401

    With an acceptable sales price, the owner is open to offering a repair credit for this three-story complex, originally built in 1912. The property has the potential for 12 units, with two currently vacant and two in need of renovation. It features a mix of one- and two-bedroom units, each with one bathroom. Original hardwood flooring adds character to the carpeted units, and digital coded locks

    HAYSE JORGENSEN JANE FISCHER & ASSOCIATES LLC

    305 5th St NW Unit 1-12, Mason City, IA 50401
  • /35

    $125,000

    • 6 Beds
    • 5 Baths
    • 1,660 Sq Ft

    102 S Connecticut Ave Unit A-E, Mason City, IA 50401

    This centrally located 6-plex, just blocks from downtown and near key amenities like the MacNider Art Museum and Public Library, presents a prime investment opportunity with a projected rental income of $3,035/month. The property, featuring low maintenance aluminum siding and a classic 1910 two-story architecture, is already under professional property management, to help with the transition for

    HAYSE JORGENSEN JANE FISCHER & ASSOCIATES LLC

    102 S Connecticut Ave Unit A-E, Mason City, IA 50401
  • /50

    $150,000

    • 6 Beds
    • 5 Baths

    21 N Monroe Ave Unit 1-6, Mason City, IA 50401

    This corner multifamily property consists of 5 units, with Unit 6 currently needing renovation, an egress window, and plumbing. This can offer a potential opportunity for investors to expand their portfolio. The owner is responsible for all utilities, and there is also the possibility to decrease the number of units or convert it into a single-family home, given the property's ample square

    HAYSE JORGENSEN JANE FISCHER & ASSOCIATES LLC

    21 N Monroe Ave Unit 1-6, Mason City, IA 50401
  • /35

    $214,000

    • 3,758 Sq Ft

    604 4th St NE, Mason City, IA 50401

    Exceptional investor/small business owner opportunity. The owner has owned this property for over 25 years in which was used forprimary residence, rentals and business. This property is situated on a beautiful over half-acre lot in the city across the street from EastPark and sledding hill with close access to the walking trail. Home features three living quarters, one with a 3-bedroom and the

    Roger Flieth Century 21 Preferred

    604 4th St NE, Mason City, IA 50401
  • /29

    $214,000

    • 3 Beds
    • 3 Baths

    604 4th St NE, Mason City, IA 50401

    Exceptional investor/small business owner opportunity. The owner has owned this property for over 25 years in which was used for primary residence, rentals and business. This property is situated on a beautiful over half-acre lot in the city across the street from East Park and sledding hill with close access to the walking trail. Home features three living quarters, one with a 3-bedroom and

    Roger Flieth CENTURY 21 PREFERRED

    604 4th St NE, Mason City, IA 50401

Why Live in Mason City

Mason City, IA, is the largest city in North Iowa, with a population of nearly 27,000. Known for its rich cultural heritage, Mason City was the birthplace of Meredith Wilson and inspired his musical “The Music Man.” The city hosts the annual North Iowa Band Festival, a significant event featuring the largest free band competition in the Midwest. Mason City offers various things to do, including shopping downtown, hiking through 70 miles of trails, and visiting the free Charles H. MacNider Art Museum. The city’s park system spans several hundred acres, with highlights like Parker’s Woods and Lester Milligan Park, which provide opportunities for fishing and swimming. The Mason City Arena, with a seating capacity of 2,058, hosts junior league hockey games, concerts, and community events. The Main Street Mason City District is a commercial hub with numerous shopping and dining options. Mason City is notable for its Prairie School architecture, particularly in the Rock Crest-Rock Glen Historic District. Home styles range from bungalow and gable-front fixer-uppers to larger Prairie School homes and modern constructions. Major employers include North Iowa Mercy Health Center and manufacturing facilities like Smithfield and Kraft. Newman Catholic School is a highly rated private school serving students from kindergarten through 12th grade. Mason City Transit provides public transportation, and the Mason City Municipal Airport offers flights to Chicago. The climate features warm summers and cold winters, with significant snowfall and a history of tornadoes.

Home Trends in Mason City, IA

Housing Trends

Median Sale Price
$148,518
Median Single Family Sale Price
$148,518
Median 2 Bedroom Sale Price
$179,000
Median 1 Bedroom Sale Price
$111,900
Average Price Per Sq Ft
$94
Number of Homes for Sale
16
Last 12 months Home Sales
280
Months of Supply
0.70
Median List Price
$156,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
8%
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