Three-Story Apartment
114 N Main Street Valentine, NE 69201
114 N Main Street, Valentine, NE, 69201
$425,000
For Sale
$425,000
COMMERCIAL - Valentine, NE
Lot Size0.26 Acres
Days on Market289
Property Features for 114 N Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- 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, Hardwood, Carpet
- Building materials
- Brick
- Roof type
- Flat
Listing Agency
Stracke Land & Realty
(402) 340-2990
PO Box 4, Stuart, NE
Listed by
Janelle Johnson
(402) 340-2990
Added: Oct 3, 2025 Checked: Jul 18 at 3:06 am
MLS# 11589858
Listing URL
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Investment Insights
Based on property information with market context.
This three-level apartment building was constructed in 1938 and contains 18 total units. The unit mix includes twelve one-bedroom apartments, four two-bedroom apartments, and two efficiency apartments. A full basement is also included, with potential to finish as a common area or laundry facility to support tenant convenience.
The property is located at 114 N Main Street in Valentine, Nebraska, on a 75’ x 150’ lot. The current operating profile shows approximately 60% occupancy. Property taxes for 2024 are listed at $1,460.68. Electricity is separately metered with each tenant paying their own usage, with the exception of the two efficiency units. Common area expenses are described as including propane, trash, and water, along with common area electricity.
For investors or operators seeking a manageable multifamily asset, the building’s established unit mix and maintained configuration provide a straightforward operating base. The basement represents an identified opportunity to add shared amenities through finish-out, and the current occupancy level provides a clear snapshot of present-day leasing performance.
The property is located at 114 N Main Street in Valentine, Nebraska, on a 75’ x 150’ lot. The current operating profile shows approximately 60% occupancy. Property taxes for 2024 are listed at $1,460.68. Electricity is separately metered with each tenant paying their own usage, with the exception of the two efficiency units. Common area expenses are described as including propane, trash, and water, along with common area electricity.
For investors or operators seeking a manageable multifamily asset, the building’s established unit mix and maintained configuration provide a straightforward operating base. The basement represents an identified opportunity to add shared amenities through finish-out, and the current occupancy level provides a clear snapshot of present-day leasing performance.
Key Highlights
- 1938 brick, three‑level 18‑unit apartment building with a total of 12 one‑bedroom, 4 two‑bedroom, and 2 efficiency units
- Currently 60% occupancy
- Full basement with potential to finish for a common area or laundry facility
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained 18-unit building on Main Street with 60% occupancy and a full basement offering room to expand amenities.
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 $425,000.
What are key features of this property?
This property features: 1938 brick, three‑level 18‑unit apartment building with a total of 12 one‑bedroom, 4 two‑bedroom, and 2 efficiency units; Currently 60% occupancy; Full basement with potential to finish for a common area or laundry facility
