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    101 N Main St Hooper, NE 68031

    For Sale
    $399,000

    Multi-Family - Hooper, NE

    Type:Multi Family
    Days on Market:
    23
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 101 N Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    3
    APN
    270071869 & 270071876
    Parking
    16
    Basement Y/N
    1

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1890
    Number of units
    9
    Building materials
    Brick
    Roof type
    Flat, Metal
    Architectural style
    Other

    Nebraska Realty (402) 491-0100 [email protected]

    Listing agent Caleb Villwok (402) 491-0100 License #20220408

    Listing date Nov 14, 2025

    MLS# 22532934 Listing URL

    Copyright © 2025 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Multi-Family Investment Opportunity

    The Iron Horse building, a historic downtown landmark, offers over 17,000 square feet with the potential for 9 or more units. The property is ready to generate income and is overflowing with character. Two newly refinished upstairs apartments allow for immediate occupancy while renovations continue in the remaining spaces. The main floor, with a rich history, has previously served as apartments, a bank, bar, restaurant, law office, barbershop, and more. Its flexible layout allows for various uses and offers strong upside potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Auto Parts Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hooper
    County
    Dodge
    State
    Nebraska
    Longitude
    -96.547844
    Latitude
    41.610883

    Nearby Similar for Sale

    • $400,000

      Multi-Use Building in Downtown Hooper

      16,700 Sq. Ft. building with commercial and residential potential.
      101-107 N Main St, Hooper, NE 68031
      View Details

    FAQs

    What type of property is this?
    Apartment building - Iconic Iron Horse building with income potential in downtown Hooper.
    Where is this apartment building located?
    The property is located at 101 N Main St Hooper, NE.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - High income potential with **17,000+ sq ft and space for 9+ units**.; - **Historic landmark building** in a desirable downtown location.; - Two newly refinished upstairs apartments are move-in ready.
    (402) 491-0100
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    101 N Main St Hooper, NE 68031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 N Main St Hooper, NE 68031
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