407 5th Street NW Mason City, IA ^$ 285,000

407 5th Street NW

^$ 285,000

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Recently Listed

407 5th Street NW

Mason City, IA, 50401

^$ 285,000

Bedrooms-- Baths-- Sq 4,875

Monthly Estimate*

^$ 1,968

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Commercial Property for sale in Mason City, IA

for $285,000. This 4,875 square foot building was built in 1976 on a lot size of 0.2.

Brick 5 Plex Modern 2 story built in 1976. Great Investment Opportunity. Well maintained building. Clean and Inviting. Currently fully Occupied. 2 units on main level. 2 units upper. 1 unit lower level. Secure Building-Key access only. On site coin operated laundry in lower level. Each unit has a storage room in the lower level. Boiler heat. Built-in wall unit air conditioners in each unit. Good Income Producer. 4 stall garage.

Commercial Active

Price

^$ 285,000

Property Type

Commercial

Taxes

^$ 4,060

Style

Lot Size

0.2

Year Built

1976

Town/City

Mason City

County/Region

Cerro Gordo

MLS | Web ID

6343460

Features

General

Sewer City Sewer/Connected

Heating Hot Water

Cooling Window Unit(s)

Utilities Electric Separate Heating Common Hot Water Common

Appliances Range Refrigerator

Garage Spaces 4

Construction Materials Brick

Year Built 1976

Tenant Pays Cable T.V. Electricity

Property Subtype Apartment

Tax Year 2025

Current Use Residential

Accessibility None

County Cerro Gordo

Property Type Commercial Sale

Association Amenities Laundry Security

Contingency None

Possible Use Other

Status Active

Directions Call Roger Flieth 641-420-5635

Open Parking Spaces 0

Number Of Units Total 5

Lot Size Units Acres

Lot Size Square Feet 8712

Tax Annual Amount 4060

Living Area Units Square Feet

Standard Status Active

Legal Description L 1 Blk 2 W D Allens Add

Interior

Basement Full

Exterior

Parking Features Detached Garage

Water Source Public

Building Area Total 4875

Lot Dimensions 67 x 132

Lot Size Acres 0.2

Road Frontage Type City Street

Road Responsibility Public Maintained Road

* Excluded Features

List By

Roger Flieth

Listing Agent

Century 21 Preferred

Broker

rogerfliethcentury21@gmail.com

Affordability Calculator

$2,307

Per Month

Monthly Principal & Interest: $1,968
Monthly Property Taxes: $338
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Mason City, IA

Average List Price ^$351,530

Percent of Sale Price 23%

About Mason City, IA

29,327 Population

-6% Since 2002

^$45,942 Median Income

41.79 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/7/2026	$285,000		Listed Price

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407 5th Street NW, Mason City, IA, 50401 is a Commercial Property for sale at $285,000 with 4,875 sqft and a lot size of 0.2. 407 5th Street NW was built in 1976. The property's zip code is 50401 which is in Mason City, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is 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.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 10/12/2026.

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407 5th Street NW

Commercial Property for sale in Mason City, IA

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