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321 3rd Nw

MASON CITY, IA 50401
  • $145,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 260348
UPDATED: 33 min ago
$145,000
  • 4
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1916
Area:

School Ratings & Info

School District:
Listing provided courtesy of Jenna Sheriff of JANE FISCHER & ASSOCIATES LLC: 641-424-4663.

Description

CASH FLOW WITH CHARACTER! This 4 plex brings together timeless details, functional living spaces, & the kind of income potential investors are always searching for. Each one-bedroom unit offers a comfortable layout with hardwood floor accents that add a touch of personality. Upper-level tenants enjoy private decks perfect for winding down at the end of the day, while the main-level units feature patios that extend the living space outdoors. A detached 3-stall garage provides added value with extra parking, storage, or rental opportunities. The property offers flexibility for seasoned investors looking to expand their portfolio or for someone ready to step into multi-family ownership with a strong foundation already in place. Opportunities like this don’t come around often with four income-producing units under one roof and room to build long-term equity. Add this one to your portfolio before someone else does! Smart investment, solid potential ahead today! *48-hour notice for showings*

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© 2026 Mason City MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jane Fischer & Associates. Data last updated: 2026-06-05T23:59:25.25.
www.janefischer.com/homes/176609648
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321 3rd Nw MASON CITY, IA 50401

  • Price: $145,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 33 min ago
  • MLS #: 260348
4
Beds
4
Baths
0
½ Baths
N/A
Acres
1916
Built
Neighborhood:
Northwest
Area:
Northwest
School District:
Mason City
Property Description
CASH FLOW WITH CHARACTER! This 4 plex brings together timeless details, functional living spaces, & the kind of income potential investors are always searching for. Each one-bedroom unit offers a comfortable layout with hardwood floor accents that add a touch of personality. Upper-level tenants enjoy private decks perfect for winding down at the end of the day, while the main-level units feature patios that extend the living space outdoors. A detached 3-stall garage provides added value with extra parking, storage, or rental opportunities. The property offers flexibility for seasoned investors looking to expand their portfolio or for someone ready to step into multi-family ownership with a strong foundation already in place. Opportunities like this don’t come around often with four income-producing units under one roof and room to build long-term equity. Add this one to your portfolio before someone else does! Smart investment, solid potential ahead today! *48-hour notice for showings*
Exterior Features

Construction FrameWood Siding Foundation Block Garage Parking Detached Garage Type Detached Parking Garage or on street Roof Asphalt Windows Double Hung

Interior Features

Air Conditioning None Heat Forced AirGas Kitchen Appliances Gas RangeRefrigerator

Property Features

Amenities Patio / DeckSmoke Detectors Annual Rent $33540 Flood Insurance Not Required Lot Size 42 x 132 Multi Family Type Quad Owner Pays ElectricHeatTrashWater Sale Rent For Sale Separate Electric Yes Separate Heat No Tax Year 2025 Taxes $1128 Tenant Pays None Unit1 Rent 735 Unit2 Rent 650 Unit3 Rent 750 Unit4 Rent 660 Utilities Sewer City Utilities Water City Zoning RG/GENERAL RES

Listing information © 2026 Mason City MLS.


© 2026 Mason City MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jane Fischer & Associates. Data last updated: 2026-06-05T23:59:25.25.
 
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Jane Fischer & Associates
1002 East State St. Suite B
Mason City IA, 50401
Listing provided courtesy of Jenna Sheriff of JANE FISCHER & ASSOCIATES LLC: 641-424-4663.