Ranch
For Sale
$190,000
1011 N 23 Avenue, Blair, NE 68008
RESIDENTIAL, 1.0 Story/Ranch, Blair, NE
Property Size1,284 SF
Lot Size0.10 Acres
Price / SF$147.98
Days on Market47
Property Features for 1011 N 23 Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2
Parking features
Garage
Patio and Porch features
Deck
Exterior features
Deck/Balcony
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Subdivision
BC LARSEN'S STILLMEADOW 2ND ADD
Elementary school
Blair
Middle school
Otte Blair
High school
Blair
Elementary school district
Blair
Middle school district
Blair
High school district
Blair
Directions
From the intersection of Hwy 30/N. 19th St & Washington, head North on 19th St. Continue North, road will turn into Herman Blvd. Turn left on N. 23rd Ave. Home is on the corner of N. 23rd Ave & Herman Blvd.
Standard status
Active
APN
890055769
Size
1,284 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BC LARSEN'S STILLMEADOW 2ND ADD UNIT 1 PT OF LOT 2 114 PC 2
Tax Annual Amount
1999
Legal Description
BC LARSEN'S STILLMEADOW 2ND ADD UNIT 1 PT OF LOT 2 114 PC 2
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1993
Floors in Building
1
Roof type
Composition
Architectural style
Ranch
Listing Agency:
Platinum Realty LLC
(888) 220-0988
Listed By:
Samantha Tisinger
(402) 980-6035
Added: Sep 8
Changed: Oct 20
Last Checked: Oct 24 at 7:06PM
MLS# 22625891
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.
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Investment Insights
Based on property information with market context.
This ranch-style duplex property is offered as-is and includes a 1,284-square-foot residence on a 0.1-acre lot. The described layout has three bedrooms and two full baths, with an open living area featuring vaulted ceilings. The eat-in kitchen has newer appliances and cabinet storage; the primary bedroom includes a walk-in closet and an en-suite bath. A separate laundry room and deck complete the listed features. The property needs work.
Key Highlights
- 1,284‑square‑foot ranch property on a 0.1‑acre lot
- Three bedrooms and two full baths
- Vaulted ceilings in the open living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,623
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,460
$292.5K
Cap Rate 7%
$208,900
$208.9K
Cap Rate 9%
$162,478
$162.5K
Market Conditions
NOI Build-Up for 1,284 SF
Gross rent
$22.3K $17.40/SF
− Vacancy
−$1.5K −$1.13/SF
EGI
$20.9K $16.27/SF
− OpEx
−$6.3K −$4.88/SF
NOI
$14.6K $11.39/SF
Area
Washington County, NE
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,460
Cap Rate 7%
$208,900
Cap Rate 9%
$162,478
Alternative Uses
Best Use
Multifamily LT 5
$208.9K
$182.8K – $243.7K
NOI $14,623 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$186.2K
$162.9K – $217.2K
NOI $13,032 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$337.3K
$295.2K – $393.5K
NOI $23,612 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
Demographics for 68008, NE
12,597
Population
5,289
Households
2.4
Avg Household Size
42
Median Age
39%
College-Educated
97%
High-School Grad
124.0 sq mi
ZIP Area
102
Density / Sq Mi
$86,905
Median Household Income
$54,588
Median Earnings
$933
Median Rent
$254,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Offered as-is, the residence includes three bedrooms, two full baths, and a dedicated laundry room.
Where is this duplex located?
The property is located at 1011 N 23 Avenue Blair, NE.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 1,284‑square‑foot ranch property on a 0.1‑acre lot; Three bedrooms and two full baths; Vaulted ceilings in the open living area
