304 1st SW, MASON CITY, IA 50401
Cerro Gordo County
Key Facts
Description
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!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1922
Zoning
Z2 - Sub-Urban District
Days on Market
20
MLS® Listing#
260409
Property Features
Appliances
Heating
Construction
Sewer
Water Source
Schools
- District:
- Mason City
Financial Details
Annual Taxes
$1,008
Tax year 2025
Parcel Number
070926101500
Affordability Calculator
$19,980
Estimated monthly payment
$532/mo
Principal $79,920 · Est. interest $111,496 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in MASON CITY, IA
- $281,457
- Median Listing Price
- 64
- Median Days on Market
- 1,681
- Median Sq Ft
- $153
- Median Price / Sq Ft
- 772
- Active Listings
- This home’s price is 65% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in MASON CITY, IA.
Location
- 304 1st SW, MASON CITY, IA 50401
Points of Interest in MASON CITY, IA
Showing the MASON CITY area map.
Nearby Schools
Hoover Elementary School
Elementary · 0.8 mi away
North Iowa Christian School
Elementary · 1.0 mi away
Mason City Community School District
School · 1.1 mi away
Roosevelt Elementary School
Elementary · 1.1 mi away
Lincoln Intermediate
Secondary · 1.2 mi away
Harding Elementary School
Elementary · 1.4 mi away
Mason City Seventh-Day Adventist Church
School · 1.4 mi away
North Iowa Christian School
School · 1.5 mi away
Jefferson Elementary
Elementary · 1.7 mi away
Madison Elementary School
Elementary · 1.7 mi away
Alternative School
Secondary · 1.9 mi away
John Adams Middle School
Secondary · 1.9 mi away
Mason City High School
Secondary · 2.0 mi away
Newman Catholic School
School · 2.0 mi away
Clear Lake High School
Secondary · 8.1 mi away
Clear Lake Middle School
Elementary · 8.2 mi away
Clear Lake Community School District
School · 8.2 mi away
Clear Creek Elementary School
Elementary · 8.5 mi away
Lake Town Charlie Brown
School · 8.8 mi away
Central Springs High School
Secondary · 9.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 215 N 3rd St, Rockwell City, IA | $96,000 | 4 | 2 | 1,176 |
| 103 7th Street N, Swea City, IA | $99,000 | 4 | 2 | 1,680 |
| 706 N Grand Avenue, Charles City, IA | $104,700 | 4 | 2 | 1,221 |
| 406 N 11th Street, Forest City, IA | $124,900 | 4 | 2 | 1,414 |
| 712 W Main Streets, Lake City, IA | $125,000 | 4 | 1 | 1,846 |
| 309 S School Street, Dow City, IA | $128,000 | 4 | 1 | 1,358 |
Moving Cost Estimate
EXIT Agents in MASON CITY
Listing Courtesy: LEE REALTY
Presented by: ABIGAIL LEE