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    408 E F St Ogallala, NE 69153

    For Sale
    $125,000

    Multi-Unit (2-4) - Ogallala, NE

    Property size:
    1,225 SF
    Days on Market:
    14
    Last Refresh:
    Dec 7 at 1:06 pm

    Property Features for 408 E F St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Living Room
    Bedrooms
    2
    Bathrooms
    2
    Parking features
    Garage
    Appliances
    Refrigerator
    Size
    1,225 SF

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1953
    Year renovated
    1953
    Floors in Building
    1
    Flooring type
    Laminate
    Building materials
    Asbestos, Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    Southwest Farm and Home Realty

    Listing agent Bernard Deaver

    Listing date Nov 24, 2025

    MLS# 11576822 Listing URL

    Copyright © 2025 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.

    Overview

    Ogallala Duplex: Investment Opportunity

    This duplex in Ogallala, Nebraska, presents an investment opportunity with potential for cash flow through long-term tenancy or Airbnb. Market rate rental properties are in short supply. Each unit features 612.5 square feet of living space, totaling 1313 square feet for both units. The property is situated on a 3135 square foot lot. The south unit has been recently renovated inside. Each unit includes one bedroom, one bathroom, a stove, and a refrigerator. Heating is provided by radiant heat, and window AC units are installed for cooling. A shared laundry area of 88 square feet is available. Duplex units provide more space and privacy compared to an apartment, yet are potentially more affordable for tenants than a single-family home, while still providing autonomy for the residents. A 1-bedroom, 1-bath duplex can be an ideal choice for those seeking a balance of privacy, affordability, and a home-like feel, with the added benefit of outdoor space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ogallala
    County
    Keith
    State
    Nebraska
    Longitude
    -101.712799
    Latitude
    41.128625

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    FAQs

    What type of property is this?
    Duplex - Duplex in Ogallala, NE with cash flow potential.
    Where is this duplex located?
    The property is located at 408 E F St Ogallala, NE.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Cash flow potential from long-term tenancy or Airbnb.; - Recently renovated south unit.; - Duplex offers more space and privacy than an apartment.
    (308) 352-8012
    Request Owner's contact information
    408 E F St Ogallala, NE 69153
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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
    408 E F St Ogallala, NE 69153
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