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507 N Massachusetts, MASON CITY, IA 50401

Key Facts

3Beds
1,529Sq Ft
1900Year Built
2Stories

Description

Opportunity awaits with this 3-bedroom, 1-bath fixer-upper full of potential! This home has been completely gutted and is ready for your vision and finishing touches. Whether you’re an investor, flipper, or buyer looking to create your dream home from the ground up, this property offers a blank canvas to make it your own. Situated on a lot with a beautiful backyard, there’s plenty of outdoor space to relax, entertain, garden, or create the perfect retreat. With the major demo already completed, you can skip the tear-out phase and jump straight into rebuilding and designing exactly how you want it. Bring your ideas and unlock the possibilities this property has to offer!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

2 Story

Year Built

1900

Stories

2

Living Area

1,529 sq ft

Zoning

RG/GENERAL RES

Days on Market

6

MLS® Listing#

260332

Property Features

Heating:
Forced Air, Natural Gas
Basement:
Full
Parking:
Gravel
Roof:
Asphalt
Sewer:
Public Sewer
Water Source:
Public

Schools

District:
Mason City

HOA & Tax

Annual Tax:
$426 (2025)

Affordability Calculator

$4,980

Estimated monthly payment

$133/mo

Principal $19,920 · Est. interest $27,790 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in MASON CITY, IA

$281,667
Median Listing Price
63
Median Days on Market
1,687
Median Sq Ft
$153
Median Price / Sq Ft
767
Active Listings
  • This home’s price is 91% below the area median.
  • Its price per sq ft is 89% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in MASON CITY, IA.

Location

  • 507 N Massachusetts, MASON CITY, IA 50401

Nearby Schools

  • Harding Elementary School

    Elementary · 0.7 mi away

  • Mason City Seventh-Day Adventist Church

    School · 0.7 mi away

  • North Iowa Christian School

    Elementary · 0.7 mi away

  • North Iowa Christian School

    School · 0.7 mi away

  • Jefferson Elementary

    Elementary · 1.2 mi away

  • Alternative School

    Secondary · 1.2 mi away

  • Hoover Elementary School

    Elementary · 1.3 mi away

  • John Adams Middle School

    Secondary · 1.3 mi away

  • Roosevelt Elementary School

    Elementary · 1.4 mi away

  • Mason City Community School District

    School · 1.4 mi away

  • Mason City High School

    Secondary · 1.4 mi away

  • Lincoln Intermediate

    Secondary · 1.5 mi away

  • Madison Elementary School

    Elementary · 2.2 mi away

  • Newman Catholic School

    School · 2.8 mi away

  • Clear Lake High School

    Secondary · 8.8 mi away

  • Clear Lake Middle School

    Elementary · 8.9 mi away

  • Clear Lake Community School District

    School · 8.9 mi away

  • Central Springs High School

    Secondary · 9.0 mi away

  • Clear Creek Elementary School

    Elementary · 9.2 mi away

  • Lake Town Charlie Brown

    School · 9.5 mi away

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EXIT Agents in MASON CITY

Listing Courtesy: REALTY ONE GROUP WELCOME HOME - 6413574663

Presented by: KRYSTLE HESSE

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Mason City Board of REALTORS®. 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 deemed reliable but not guaranteed. Copyright ©2026 Greater Mason City Board of REALTORS®. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MasonCity. MLS® Listing#260332. © 2026EXIT Realty®. All rights reserved.