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321 3rd Street NW

Mason City, IA 50401
  • $145,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 6338410
$145,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,910
    SQFT
  • $37
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1916
County:
Area:

School Ratings & Info

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 North Central Iowa 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 as distributed by MLS Grid or Jane Fischer & Associates. Data last updated: 2026-07-09T23:54:05.607.

Based on information submitted to the MLS GRID as of 2026-07-09T23:54:05.607(date and time MLS Grid Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.janefischer.com/homes/176609634
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321 3rd Street NW Mason City, IA 50401

  • Price: $145,000
  • Status: Active
  • On Site: 53 Days
  • MLS #: 6338410
0
Beds
0
Baths
0
½ Baths
0.13
Acres
3,910
SQFT
$37
$/SQFT
1916
Built
Neighborhood:
Parkers Add
County:
Cerro Gordo
Area:
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 Materials BlockWood Siding Roof Shingle

Interior Features

Basement Full Fireplace YN No Fireplaces Total 0 Heating Forced Air

Property Features

Accessibility Features None Auction YN No Construction Status Description Previously Owned Contingency None Electric Expense 0 Fuel Natural Gas Fuel Expense 0 Gross Income 33540 Homestead Description None In Foreclosure No Lot Size Dimensions 42 X 132 Maintenance Expense 0 Manager Expense 0 Net Taxes 1128 Operating Expense 10455 Owner Pays TaxesInsuranceWaterSewerElectricityFuelLawn Care Property Sub Type Quadruplex Sewer City Sewer/Connected Tax Annual Amount 1128 Tax Legal Description W 42' E 82' L'S 2 & 3 BLK 52 H G PARKERS ADD Tax Year 2025 Trash Expense 0 Water Sewer Expense 0 Water Source Public Yearly Seasonal Yearly Zoning Residential-Multi-Family

Listing information © 2026 North Central Iowa MLS.
Listing provided courtesy of Jenna Sheriff of Jane Fischer & Associates LLC: 641-424-4663 of North Central Iowa MLS as distributed by MLS Grid.



© 2026 North Central Iowa 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 as distributed by MLS Grid or Jane Fischer & Associates. Data last updated: 2026-07-09T23:54:05.607.

Based on information submitted to the MLS GRID as of 2026-07-09T23:54:05.607(date and time MLS Grid Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Jane Fischer & Associates
1002 East State St. Suite B
Mason City IA, 50401