Totally Updated Duplex with Fenced Yards

15873 US Hwy 75 Blair, NE 68008

Claim this Listing
For Sale
$375,000

DUPLEX - Blair, NE

Property size:
2,524 SF
Lot size:
0.59 Acres
Price / SF:
$148/SF
Added:
Jun 10, 2026
Days on Market:
31
Last Refresh:
Jul 10 at 8:06 pm

Property Features for 15873 US Hwy 75

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 1, Basement, Laundry Room, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 3
Patio and Porch features
Deck, Patio
Interior features
Cable Available, Ceiling Fan, Garage Door Opener
Exterior features
Deck/Balcony, Patio
Fencing
Privacy
Appliances
Dishwasher, Microwave, Range - Cooktop + Oven, Refrigerator
Standard status
Active
APN
890029666
Size
2,524 SF
Lot size
0.59 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
21 19 11 TL 27 21-19-11 15B PC 12
Tax Annual Amount
2587

Utilities

Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
1900
Floors in Building
2
Flooring type
Tile - Ceramic, Carpet
Roof type
Composition
Architectural style
Other

Listing agent Staci Mueller License #20080312

Listing office BHHS Ambassador Real Estate 331 Village Pointe Plz #201, Omaha, NE

Listing date Jun 10, 2026

MLS# 22616234 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This totally updated duplex offers a turnkey setup with substantial recent exterior and interior improvements, including new siding and new windows completed in 2026. The property has been graded, several trees were cleared, and a new white-gravel driveway has been added. Both units are supported by fenced backyards, creating private outdoor space for each household.

The duplex is located just north of River Wilds Golf Club on the west side of Hwy 75 in Blair, Nebraska, on a 0.59-acre lot in Washington County. With its rural setting and highway access, the property is positioned for straightforward tenant use and easy day-to-day arrival.

Unit 1 is currently leased through March 2027 and features all new flooring, paint, counters, and appliances, providing an immediately usable configuration for the existing tenant. Unit 2 was recently vacated and has been fully updated with new paint on walls, doors, and trim, updated flooring, a new refrigerator, new counters, and a tile backsplash, along with a painted and epoxy’d basement. The combination of a current lease and fully refreshed second unit can be appealing to buyers seeking an income-producing duplex with clear, modern updates.

Key Highlights

  • Duplex investment property on 0.59 acres, just north of River Wilds Golf Club on the west side of Hwy 75
  • Unit 1 leased through March 2027; includes new flooring, paint, counters, and appliances
  • Unit 2 was recently vacated and totally updated with new paint, updated flooring, new refrigerator, new counters, and tile backsplash

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $43.9k $17.40
− Vacancy −$2.9k −$1.13
EGI $41.1k $16.27
− OpEx −$12.3k −$4.88
NOI $28.7k $11.39
2,524 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$410.6K
$359.3K – $479.1K (±1% cap)
NOI $28,744 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$366.0K
$320.2K – $427.0K (±1% cap)
NOI $25,617 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$663.1K
$580.2K – $773.6K (±1% cap)
NOI $46,415 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Garden Center Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Duplex - Turnkey duplex with fenced backyards; one unit leased through March 2027 and the other recently fully updated.
Where is this duplex located?
The property is located at 15873 US Hwy 75 Blair, NE.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Duplex investment property on 0.59 acres, just north of River Wilds Golf Club on the west side of Hwy 75; Unit 1 leased through March 2027; includes new flooring, paint, counters, and appliances; Unit 2 was recently vacated and totally updated with new paint, updated flooring, new refrigerator, new counters, and tile backsplash
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