1108 Douglas St., Wayne, NE 68787

Listing office inspire home & land realty

Listing date Jun 9, 2026

Source Crexi

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Overview

This recently remodeled 4-plex is configured with two spacious 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. The property was recently vacated to allow for renovation and is positioned for the next owner to begin leasing immediately. Recent improvements include a new roof, new Hardie plank siding, fresh interior and exterior paint, updated flooring throughout, remodeled bathrooms, and a new water heater. New interior doors will be installed prior to closing, or the buyer may elect to receive a credit to complete the installation themselves.

The property is located at 1108 Douglas St., Wayne, NE, just a few blocks from Wayne State College. This proximity can support steady tenant demand from the college community, while the unit mix offers flexibility for a range of renters.

The current layout provides straightforward leasing with two larger units and two smaller units, while the 1-bedroom units include a noted possibility of being converted into 2-bedroom units through the addition of egress windows. For investors or first-time buyers seeking an income-producing residential property with substantial renovation already completed, this 4-plex offers a practical, ready-to-lease foundation with clear unit configurations and documented updates.

Suggested Use

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

Location Insight

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• Local Demand

City

Wayne

County

Wayne

State

Nebraska

Longitude

-97.022283

Latitude

42.240528

FAQs

What type of property is this?

Quadplex - Turnkey 4-plex with recently remodeled units, featuring two 2-bedroom and two 1-bedroom layouts near Wayne State College.

Where is this quadplex located?

The property is located at 1108 Douglas St. Wayne, NE.

What is the asking price?

The asking price for this property is $399,900.

What are key features of this property?

This property features: Recently remodeled 4‑plex located a few blocks from Wayne State College.; Unit mix includes two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units.; Recent improvements: new roof, new Hardie plank siding, fresh interior and exterior paint, and updated flooring throughout.