Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    425-427 Military Avenue Fremont, NE 68025

    View on Map
    For Sale
    $215,000

    Multi-Family - Fremont, NE

    Type:Multi Family
    Added:
    Feb 2, 2026
    Days on Market:
    58
    Last Refresh:
    Apr 1 at 3:06 am

    Property Features for 425-427 Military Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
    Parking
    5
    Patio and Porch features
    Porch, Deck
    Exterior features
    Porch, Deck/Balcony
    Basement Y/N
    1
    Appliances
    Cooktop, Range, Refrigerator
    Standard status
    Active
    APN
    270002555

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    1796

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1929
    Number of units
    2
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Dana Villwok
    Dana Villwok

    Listing agent Dana Villwok License #20160909

    Listing office Nebraska Realty 17117 Burt St, Lincoln, NE

    Listing date Feb 2, 2026

    MLS# 22605277 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.

    Overview

    Updated Duplex in Fremont, NE

    This updated and well-maintained duplex presents an investor opportunity. The upstairs unit features updates including a new kitchen, bathroom, paint, and flooring. Large windows provide ample sunlight, and urban loft finishes enhance the unit's appeal. Most windows in both units have been replaced. A new garage door has been installed, and the main floor unit has been refreshed, retaining its classic charm. The property includes ample off-road parking for tenants and a detached garage. The large lot provides extra outdoor space for tenants. Both units are currently leased and ready for a new owner. The property is located in Fremont, NE.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Dodge
    State
    Nebraska
    Longitude
    -96.501657
    Latitude
    41.435968

    Nearby Similar for Sale

    • $450,000

      Multi-Family Investment Opportunity

      Two properties on one lot, ideal for investors.
      350 E. 4th & 421-425 N. C Street, Fremont, NE 68025
      View Details
    • $400,000

      Historic Fremont Multifamily Investment Opportunity

      Iconic downtown property with versatile income potential and historic charm.
      120 North D Street, Fremont, NE 68025
      View Details
    • $275,000

      Fremont Duplex in Washington Heights

      Charming duplex with two units, perfect for investment or owner-occupation.
      1427-1429 Ohio Street, Fremont, NE 68025
      View Details
    • $450,000

      Fremont Fourplex: Turnkey Airbnb Investment

      Established Airbnb fourplex in Fremont with consistent income and high occupancy.
      1102/1108 N L Street, Fremont, NE 68025
      View Details
    • $499,000
      13,000 SF

      Downtown Fremont Mixed-Use Building

      Iconic building with versatile space in a prime downtown location.
      523 N Main Street, Fremont, NE 68025
      View Details
    • $2,100,000
      11,200 SF

      Modern Office Building, Fremont, NE

      Move-in ready, modern 11,200 SF office building on large lot.
      2848 North Lincoln Avenue, Fremont, NE
      View Details
    • $775,000
      3,470 SF

      Fremont Office Building For Sale

      Well-maintained 3,470 SF office building in Fremont, Nebraska.
      220 E 22nd St, Fremont, NE 68025
      View Details
    • $1,450,000
      9,072 SF

      Renovated Multi-Tenant Office Building

      Newly renovated office building in Fremont with investment and owner-user potential.
      230 E 22nd St, Fremont, NE 68025
      View Details
    • $1,988,000
      2,617 SF

      Established KFC Restaurant For Sale

      Long-term NNN lease with attractive escalations and options.
      707 E 23rd St, Fremont, NE 68025
      View Details
    • $2,540,000
      2,325 SF

      Chipotle Corporate Lease Investment Opportunity

      New construction Chipotle with drive-thru in dense retail corridor.
      SWC E 23rd St & Deer Ln, Fremont, NE
      View Details
    • $1,350,000
      6,029 SF

      Turnkey Restaurant with Apartment and Patio

      Turnkey restaurant with apartment, patio, boat slips, and parking.
      980 County Rd W, Fremont, NE
      View Details
    • $450,000

      Established Airbnb Fourplex Investment

      Turnkey Fremont fourplex, fully furnished, generating consistent short-term rental income.
      1102-1108 N L St, Fremont, NE 68025
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with updated units and tenant occupancy.
    Where is this duplex located?
    The property is located at 425-427 Military Avenue Fremont, NE.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Updated upstairs unit with **new kitchen, bathroom, paint, and flooring.**; Both units are currently leased, providing **immediate rental income.**; Ample off‑road parking and a **detached garage.**
    (402) 657-1187
    We can help!
    Listing Contact
    Dana Villwok
    Dana Villwok
    Real Estate License ID: 20160909
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!