$130,000

524 S Washington Ave Unit 1-4 Mason City, IA 50401

Estimated payment $854/month

Total Views 9,013
4 Beds
4 Baths
2,050 Sq Ft
$63 Price per Sq Ft

About This Home

This 4-plex is a possible investment or revert back to a single family. Potential to increase in value through renovations which can enhance cash flow and property value. Review the “Rental Property Expenses” to confirm the rental rates, utilities, and other economic indicators to ensure a sound investment. Additionally, explore financing options and consider partnering with management professionals to maximize your earning success.

Listing Agent

HAYSE JORGENSEN

JANE FISCHER & ASSOCIATES LLC License #S71176 Listed on: 04/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 66.00 x 72.00

Home Design

  • Quadruplex
  • Block Foundation
  • Aluminum Siding

Schools

  • Roosevelt Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 070943001100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,542

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: MULTI-FAMILY
  • Year Built: 1920
  • Miscellaneous: Security Deposit
  • Unit Suite: 1-4
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction: Aluminum Siding
  • Foundation: Block

Garage/Parking

  • Parking: On street

Utilities

  • Flood Insurance: Not Required
  • Heat: Forced Air, Gas
  • Utilities Sewer: City
  • Water: City

Schools

  • School District: Mason City
  • Elementary School: Roosevelt

Lot Info

  • Total Assessed Value: 114,550
  • Estimated Lot Sq Ft: 66.00 x 72.00
  • Parcel Number: 070943001100
  • Zoning: C-N/NEIGH COMM

Rental Info

  • Annual Rent: 27,900
  • Owner Pays: Electric, Gas, Snow Removal, Trash, Water

Tax Info

  • Year: 2023
  • Taxes: 1,542

Multi Family

  • Multi Family Type: Quad
  • Number Of Units: 4

MLS Schools

  • School District: Mason City
  • Elementary School: Roosevelt

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,542 $99,070 $15,440 $83,630
2023 $1,678 $99,070 $15,440 $83,630
2022 $1,986 $84,760 $11,880 $72,880
2021 $1,562 $81,980 $11,880 $70,100
2020 $1,563 $60,240 $11,880 $48,360
2019 $1,606 $0 $0 $0
2018 $1,690 $0 $0 $0
2017 $1,770 $0 $0 $0
2016 $1,570 $0 $0 $0
2015 $1,570 $0 $0 $0
2014 $1,622 $0 $0 $0
2013 $1,688 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2025 04/19/25 For Sale $130,000 -- $63 / Sq Ft
Source: Mason City Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $90,000 None Available
Executors Deed $58,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $43,500 New Conventional
Source: Public Records

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Source: Mason City Multiple Listing Service

MLS Number: 250227

Mason City Multiple Listing Service

APN: 07-09-430-01-100