Four units, one address, and a location that puts Mason City's arts and downtown scene close by! Near the MacNider Art Museum, the library, and downtown, this fourplex brings a practical investment opportunity to a setting with plenty to explore. Photos offer a look at one of the four units, where a living room with windows on multiple sides makes a pleasant spot to settle in after a busy day. Whether you're building your portfolio or exploring your first multifamily purchase, put this property on your list. Bring your investment goals, and let's explore the possibilities together!
For sale
$135,000
309 E State St, Mason City, IA 50401
--beds
--baths
--sqft
Multi Family
Built in 1895
-- sqft lot
$126,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 31 days
- 136
- 8
Zillow last checked:
Listing updated:
Listed by:
JENNA SHERIFF 641-420-1955,
Jane Fischer & Associates Llc
Source: Greater Mason BOR,MLS#: 260771
Facts & features
Interior
Heating
- Heating Features: Forced Air, Gas, Unit 1 Heating: FAG, Unit 2 Heating: FAG, Unit 3 Heating: FAG
Cooling
- None
Appliances
- Included: Gas Range, Refrigerator
Features
- Windows: Double Hung
Property
Parking
- Parking features: None, No Garage
- Details: On Street
Lot
- Size: 5,412 Square Feet
- Dimensions: 41 x 132
Details
- Parcel number: 071017600400
- Zoning description: Z2 - Sub-Urban District
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- Year built: 1895
Utilities & green energy
- Sewer: City
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: IA
Location
- Region: Mason City
Financial & listing details
- Tax assessed value: $96,100
- Annual tax amount: $1,284
- Date on market: 10/5/2026
- Total actual rent: 20848
- Tenant pays: None
Estimated market value
$126,100
$119,000 - $132,000
$1,244/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Listed for sale | $135,000+35% |
Source:  Greater Mason BOR #260771 Report a problem | ||
| 10/25/2023 | Sold | $100,000 |
Source: Public Record Report a problem | ||
| 6/15/2022 | Sold | $100,000 |
Source: Public Record Report a problem | ||
| 1/31/2020 | Listing removed | $525 |
Source: Runde Real Estate & Prop Management Report a problem | ||
| 1/24/2020 | Listed for rent | $525 |
Source: Runde Real Estate & Prop Management Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,070 +2.9% | $77,480 +15.9% |
| 2024 | $1,040 +2% | $66,860 |
| 2023 | $1,020 -15.8% | $66,860 +29.7% |
| 2022 | $1,212 +7.9% | $51,550 +3.1% |
| 2021 | $1,123 +0.7% | $50,000 +15.5% |
| 2020 | $1,116 | $43,290 |
| 2019 | $1,116 | $43,290 -0.5% |
| 2018 | -- | $43,510 |
| 2017 | $1,220 -19.4% | -- |
| 2016 | $1,514 | -- |
| 2015 | $1,514 -3.2% | -- |
| 2014 | $1,564 +25.9% | -- |
| 2007 | $1,242 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 50401
Nearby schools
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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