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    408 Main St Herman, NE 68029

    For Sale
    $150,000

    Multi-Family - Herman, NE

    Type:Multi Family
    Days on Market:
    191
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 408 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    1
    APN
    8900066017
    Parking
    2

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Number of units
    2
    Roof type
    Composition
    Architectural style
    Other

    WC Real Estate (402) 426-2600 [email protected]

    Listing agent Mel Wakefield (402) 426-2600 License #20190854

    Listing date May 29, 2025

    MLS# 22422716 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

    Updated Duplex in Herman, NE

    This two-unit property in Herman, NE, presents an investment opportunity. Recent interior updates have been completed in both the front and back units. Exterior upgrades are planned, including a new roof, gutters, and downspouts. The property is located at 408 Main Street, Herman, NE 68029, in Washington County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Spa & Massage Hair Salon Nail Salon Hotel & Motel Storage Facility Bar & Pub Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Herman
    County
    Washington
    State
    Nebraska
    Longitude
    -96.214914
    Latitude
    41.67307

    FAQs

    What type of property is this?
    Duplex - Two-unit property with recent updates and strong cash flow.
    Where is this duplex located?
    The property is located at 408 Main St Herman, NE.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Investment property with FANTASTIC CASH FLOW POTENTIAL; - Two units provide dual income streams; - Recent interior updates to both units
    (402) 426-2600
    Request Owner's contact information
    408 Main St Herman, NE 68029
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    Herman, NE 68029
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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 Main St Herman, NE 68029
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