Brick c.1915 Four Bedroom Iowa Home For Sale Under $70K
OHU50K Notes $69,500

Realtor Comments
First time offered…This grand historic home is truly a diamond in the rough, which with the right touches, will transform itself into the home of your dreams. Offering 4 bedrooms, 2 baths, oak floors, open staircase, 2 fireplaces, main floor den/library, kitchen breakfast nook, double garage and much more. Close walking distance to all of downtown’s amenities. Please note, the home has not been occupied for several years, and is being sold ‘As Is’. All the utilities have been shut off.
- 4 bed
- 2 bath
- 3,380 square feet
- 7,500 sqft lot
- Build date 1900

416 N Adams Ave, Mason City, IA 50401 $69,500
- Contact Realtor: Joe Chodur
- Google Map
- Niche

Family History



Pros
• Affordable Cost of Living & Housing
-
Cost of living is roughly 12–14% below the U.S. average; median home value around $112K–130K, nearly half of the U.S. median, with rent around $874/month
-
Residents enjoy good value for money on housing and monthly expenses.
• Rich Cultural Heritage & Vibrant Downtown
-
Historic downtown features Frank Lloyd Wright Prairie‑School architecture, including the only Wright‑designed hotel in the world
-
Strong cultural identity tied to Meredith Willson (“River City”) and events like the Band Festival, plus museums and arts venues
-
Downtown revitalization efforts (Federal Plaza, pedestrian-friendly design, festivals) encourage vibrant community life
• Thriving Outdoor & Recreational Scene
-
Over 20 parks, plus trails, nature centers (like Lime Creek), riverfront amenities, and an ice arena hosting hockey and community events
-
Activities include biking, kayaking, skating, camping, family events, and a lively sports culture.
• Strong Employment Base
-
Diverse job market with healthcare (MercyOne), manufacturing (Cargill, Curries), education, services, and transit sectors
-
Unemployment remains low
• Good Public Transit & Convenient Commutes
-
Mason City Transit operates a weekday bus system; the airport offers flights to Chicago
-
Short average commute (~14–15 min) and walkable downtown contribute to quality of life .
Cons
• Higher Crime in Some Areas
-
Crime is reported 83% higher than Iowa average; rising property crimes and some violent offenses—though violent crime remains moderate
-
Some neighborhoods are reported by residents to be less safe, and shoplifting/vandalism in retail areas is a concern .
• Limited Entertainment Options for Youth
-
While parks and events are plentiful, there’s limited teen nightlife—few movie theaters, arcades, or teen-oriented venues; residents cite a gap in youth activities .
• Economic & Demographic Challenges
-
Population has been relatively stagnant or slowly declining since the 1970s; some parts of town show signs of aging infrastructure
-
Median income (
$53K) trails national average ($67K), and poverty sits at ~10.8% .
• School System Strengths & Weaknesses
-
District receives a C+ overall, with math proficiency around 51%, reading 60%
-
Graduation rate (~89%) is strong, but academic performance lags behind state averages .
• Weather & Seasonal Constraints
-
Continental climate brings hot summers and cold winters — not ideal for those seeking milder year‑round conditions























You May Also Like
c.1889 Illinois Starter Home For Sale Under $75K
July 20, 2024
Under $100K Sunday – c.1910 Affordable Oregon Home For Sale Under $100K
May 5, 2024