$109,000

23 1st St SW Unit 1-3 Nora Springs, IA 50458

Estimated payment $700/month

Total Views 453
6 Beds
4 Baths
2,688 Sq Ft
$41 Price per Sq Ft

About This Home

This downtown triplex has a versatile history, having served as both residential rental and commercial space. With some updates, the building offers potential to continue as a valuable mixed-use property. Unit 3, located at the front, features a spacious layout with a semi-equipped kitchen, 1.5 bathrooms, and built-in storage—ideal for living/work or creative use. Unit 2, situated at the rear, mirrors Unit 3 in both style and function. Unit 1, located on the lower level, offers a 1 bedroom 1 bath plan and easy access to the utilities closet near the kitchen. Currently vacant and ready for it next chapter.

Listing Agent

HAYSE JORGENSEN

JANE FISCHER & ASSOCIATES LLC License #S71176 Listed on: 10/02/2025

Co-Listing Agent

Jenna Sheriff

JANE FISCHER & ASSOCIATES LLC License #B64769

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 1959

Home Design

  • Triplex
  • Block Foundation
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Built-In Range
  • Stove
  • Microwave

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Additional Features

  • Double Hung Windows
  • Lot Dimensions are 28 x 106

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 050749101000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,434

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: MULTI-FAMILY
  • Year Built: 1959
  • Unit Suite: 1-3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Windows: Double Hung
  • Kitchen Appliances: Built-In Range, Microwave, Refrigerator, Stove

Exterior Features

  • Construction: Frame, Vinyl Siding
  • Foundation: Block, Poured
  • Roof: Asphalt

Garage/Parking

  • Parking: Alley — (2) Parking Spots

Utilities

  • Air Conditioner: Window Unit(s)
  • Flood Insurance: Not Required
  • Heat: Hot Water
  • Utilities Sewer: City
  • Water: City

Lot Info

  • Total Assessed Value: 103,990
  • Estimated Lot Sq Ft: 28 x 106
  • Parcel Number: 050749101000
  • Zoning: RG/GENERAL RES

Rental Info

  • Owner Pays: Electric, Gas, Snow Removal, Trash, Water

Tax Info

  • Year: 2024
  • Taxes: 1434

Multi Family

  • Multi Family Type: Tri-Plex
  • Number Of Units: 3

MLS Schools

  • School District: Nora Springs

Map

Range of Values:

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $109,000 -- $41 / Sq Ft
Source: Mason City Multiple Listing Service

Source: Mason City Multiple Listing Service

MLS Number: 250718

Mason City Multiple Listing Service