This updated duplex offers the perfect opportunity for investors or owner-occupants looking to generate rental income. Built in 1922, this property combines timeless charm with modern updates, making it move-in & rent-ready from day 1. The main-floor unit features 2 bdrms, full bath, spacious living room, kitchen AND separate formal dining room. One of its most remarkable features is the breathtaking original ceiling detail - an extraordinary decorative design that has been preserved for over a century. Its intricate craftsmanship is truly one-of-a-kind & creates a dramatic focal point throughout the space. The upper unit offers 2 bdrms, full bath, kitchen & living room. Recent updates & renovations mean the hard work has already been done. With off-street parking, separate living spaces, & flexible use options, this property is ideal for adding to your investment portfolio or living in one unit while letting the other help pay the mortgage. Ready for immediate occupancy or rental!
For sale
$99,900
304 1st St SW, Mason City, IA 50401
5beds
2baths
1,716sqft
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$58/sqft
$-- HOA
What's special
Intricate craftsmanshipOff-street parkingSeparate living spacesBreathtaking original ceiling detailExtraordinary decorative design
- 31 days |
- 779 |
- 47 |
Zillow last checked:
Listing updated:
Listed by:
ABIGAIL LEE 641-512-2208,
Lee Realty
Source: Greater Mason BOR,MLS#: 260409
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Heating Features: Forced Air, Gas
Cooling
- None
Appliances
- Included: Electric Range, Refrigerator, Stove
Interior area
- Total structure area: 1,716
- Total interior livable area: 1,716 sqft
Property
Parking
- Parking features: Private, No Garage
- Details: gravel driveway
Lot
- Size: 4,700 Square Feet
- Dimensions: 50 x 94
Details
- Parcel number: 070926101500
- Zoning description: Z2 - Sub-Urban District
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Block
Condition
- Year built: 1922
Utilities & green energy
- Sewer: City
- Water: Public
Community & HOA
Community
- Subdivision: IA
Location
- Region: Mason City
Financial & listing details
- Price per square foot: $58/sqft
- Tax assessed value: $66,060
- Annual tax amount: $1,008
- Date on market: 6/11/2026
- Tenant pays: Electricity, Heat
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,044/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Listed for sale | $99,900+163.6%$58/sqft |
Source: | ||
| 5/1/2013 | Sold | $37,900-5%$22/sqft |
Source: | ||
| 3/26/2013 | Listed for sale | $39,900-20%$23/sqft |
Source: CENTURY 21 Preferred #121002 Report a problem | ||
| 6/19/2011 | Listing removed | $49,900$29/sqft |
Source: Preferred #304 Report a problem | ||
| 6/22/2010 | Listed for sale | $49,900+99.6%$29/sqft |
Source: Century 21 Preferred #17729 Report a problem | ||
| 5/24/2008 | Sold | $25,000$15/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $980 +7.7% | $62,930 |
| 2023 | $910 -2.4% | $62,930 +36.9% |
| 2022 | $933 -1.2% | $45,960 +1.4% |
| 2021 | $944 +8.8% | $45,320 +4.1% |
| 2020 | $867 | $43,530 |
| 2019 | $867 | $43,530 +0.6% |
| 2018 | -- | $43,260 |
| 2017 | $824 +0.2% | -- |
| 2016 | $822 | -- |
| 2015 | $822 -16% | -- |
| 2014 | $978 +26% | -- |
| 2007 | $776 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 50401
Nearby schools
GreatSchools rating
- 5/10Lincoln Intermediate SchoolGrades: 5-6Distance: 1.2 mi
- 6/10John Adams Middle SchoolGrades: 7-8Distance: 1.9 mi
- 4/10Mason City High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- District: Mason City
Source: Greater Mason BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Cerro Gordo County
- Mason City
- 50401
- 304 1st St SW