Building Details

Year built 1938

Floors in Building 2

Flooring type Carpet, Hardwood, Linoleum

Building materials Brick

Roof type Flat

Listing Agency: Stracke Land & Realty

Listed By: Janelle Johnson Show Phone

Added: Oct 3, 2025 Changed: Oct 5 Last Checked: Oct 8 at 10:06AM

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MLS# 11589858

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Investment Insights

Based on property information with market context.

This brick apartment property at 114 N Main Street in Valentine was built in 1938 and spans three levels. Its 18 apartments comprise 12 one-bedroom units, 4 two-bedroom units, and 2 efficiencies. A full basement is also part of the building. Occupancy is 60%.

The 75-by-150-foot property has public water and a flat roof. Electricity is separately metered for tenants, except in the two efficiency units. Common-area electricity, propane, trash, and water are provided.

Key Highlights

• 18 apartments across three levels: 12 one‑bedroom, 4 two‑bedroom, and 2 efficiency units
• 60% occupancy
• Built in 1938; brick construction

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Kitchen & Bath Showroom Plumbing Service Real Estate Agency (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18

Residential units

60%

Occupancy

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

431

Businesses Nearby

Explore this area Business Placement

Demographics for 69201, NE

4,143

Population

2,086

Households

2

Avg Household Size

42

Median Age

21%

College-Educated

97%

High-School Grad

1,605.6 sq mi

ZIP Area

3

Density / Sq Mi

$58,808

Median Household Income

$36,660

Median Earnings

$859

Median Rent

$141,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Three levels of apartments include a mix of one-bedroom, two-bedroom, and efficiency layouts.

Where is this apartment building located?

The property is located at 114 N Main Street Valentine, NE.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: 18 apartments across three levels: 12 one‑bedroom, 4 two‑bedroom, and 2 efficiency units; 60% occupancy; Built in 1938; brick construction