Brick Apartment Building with 18
For Sale
$395,000
114 N Main Street, Valentine, NE 69201
COMMERCIAL - Valentine, NE
Property SizeContact for details
Lot Size0.26 Acres
Days on Market335
Property Features for 114 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Security features
Security System
Standard status
Active
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1461
Utilities
Heating system
Propane (Heating), Forced Air
Water source
Public
Building Details
Year built
1938
Floors in Building
2
Flooring type
Linoleum, Carpet, Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Stracke Land & Realty
Listed By:
Janelle Johnson
(402) 340-2990
Added: Oct 3, 2025
Changed: Aug 4
Last Checked: Sep 2 at 8:06AM
MLS# 11589858
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 18-unit brick apartment building was constructed in 1938 and features a three-level layout with a total of 18 apartments: 12 one-bedroom, 4 two-bedroom, and 2 efficiency units. The building includes a full basement that may be finished to support tenant amenities such as a common area or laundry facility. Interior finishes include linoleum, carpet, and hardwood flooring. Heating is provided via forced air with propane, and the building has a flat roof.
The property sits on a 75' x 150' lot (0.2583 acres) in Valentine, Nebraska. Water is public. Electricity is separately metered with each tenant paying their own, except for the two efficiency units. Common area electricity, propane, trash, and water are provided.
With current occupancy at 60%, the property offers an investor-focused opportunity for value creation through improved leasing and utilization of available space in the basement.
The property sits on a 75' x 150' lot (0.2583 acres) in Valentine, Nebraska. Water is public. Electricity is separately metered with each tenant paying their own, except for the two efficiency units. Common area electricity, propane, trash, and water are provided.
With current occupancy at 60%, the property offers an investor-focused opportunity for value creation through improved leasing and utilization of available space in the basement.
Key Highlights
- 18 apartments: 12 one‑bedroom, 4 two‑bedroom, 2 efficiency units
- 60% occupancy
- Constructed in 1938; three‑level brick building with full basement
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
60%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
Explore this area
Business Placement
Demographics for 69201, NE
4,143
Population
2,086
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
97%
High-School Grad
1,605.6 sq mi
ZIP Area
3
Density / Sq Mi
$58,808
Median Household Income
$36,660
Median Earnings
$859
Median Rent
$141,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 1938 brick, three-level building with 18 apartments; 60% occupancy and a full basement for potential common-area use.
Where is this apartment building located?
The property is located at 114 N Main Street Valentine, NE.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 18 apartments: 12 one‑bedroom, 4 two‑bedroom, 2 efficiency units; 60% occupancy; Constructed in 1938; three‑level brick building with full basement
