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    Remodeled 4-Plex Income Property Title is generated by Realmo AI

    1108 Douglas St., Wayne, NE 68787

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

    Type:Multifamily
    Added:
    Jun 9, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 17 at 2:38 am

    Property Features for 1108 Douglas St.

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

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    Megan Eckert
    Megan Eckert

    Listing office inspire home & land realty

    Listing date Jun 9, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of inspire home & land realty

    HighLights

    • 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.
    • Remodeled bathrooms and a new water heater.
    • 1‑bedroom units may be converted to 2‑bedroom layouts by adding egress windows (per listing info).
    • New interior doors will be installed prior to closing, or buyer can receive a credit to complete installation.

    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.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • 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.
    More about this property
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