# 321 3rd Street NW, Mason City, IA 50401

> **TL;DR:** residential multi family, $145,000 ($37/sqft), built 1916, 3,910 sqft. Est. $628/mo. Listed 15 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $145,000 |
| Price/sqft | $37 |
| Square Feet | 3,910 |
| Year Built | 1916 |
| Lot Size | 5,663 sqft (0.13 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 15 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $628 |
| **Total** | **$628** |

## Property Highlights

- Built in 1916
- 0.13 acre lot
- 2 stories

## Description

### Agent 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*

## Location

- **Address:** 321 3rd Street NW, Mason City, IA 50401
- **County:** Cerro Gordo
- **Neighborhood:** PARKERS ADD
- **Coordinates:** 43.154299, -93.206984
- **Google Maps:** https://www.google.com/maps?q=43.154299,-93.206984

## Listing Agent

- **Name:** Jenna Sheriff
- **Brokerage:** Jane Fischer & Associates LLC
- **Phone:** 6414201955
- **Email:** jenna.sheriff5@gmail.com

## Primary Photo

![321 3rd Street NW - Primary Photo](http://lh.rdcpix.com/75c06e2e33aee91519c6d4bdf14e4d7dl-f1235074186r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/321-3rd-street-nw-mason-city-ia-50401-6338410)*

---

**MLS#:** 6338410 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/321-3rd-street-nw-mason-city-ia-50401-6338410)

---

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