Updated Two-Unit
For Sale
$299,000
15873 Us Hwy 75, Blair, NE 68008
Two residences offer refreshed interiors, fenced outdoor areas, and one unit leased through March 2027.
Property Size2,524 SF
Lot Size0.59 Acres
Price / SF$118.46
Days on Market19
Property Features for 15873 Us Hwy 75
General Information
Standard status
Active
Size
2,524 SF
Lot size
0.59 Acres
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,586
Amenities
fenced backyards
true
2
false
6
Laundry Facilities
Assessor
Wood
Over 1/2 up to 1 Acre
Well
25700.4
4
0.59 Acres
0.59
Block
2524
Building Details
Building Size
2,524 SF
Year Built
1900
Buildings
1
Listing Agency:
BHHS Ambassador Real Estate
Listed By:
Staci Mueller · License #NE 20080312
(402) 699-0067
Source:
Dodgecountyrealtygroup
Added: Oct 19
Changed: Nov 5
Last Checked: Nov 6 at 7:49AM
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 BHHS Ambassador Real Estate
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Investment Insights
Based on property information with market context.
This 2,524-square-foot duplex sits on 0.59 acres and contains two units. Recent work includes new siding and windows, along with interior updates to flooring, paint, counters, appliances, and tile backsplash. The basement in the second unit has also been painted and epoxy-coated. Each residence has a fenced backyard, and the property is served by a well.
The duplex is on the west side of US Hwy 75, just north of Blair and near River Wilds Golf Club. Site work includes grading, tree clearing, and a gravel driveway.
One unit is leased through March 2027. The other has been updated and is available for occupancy or leasing.
The duplex is on the west side of US Hwy 75, just north of Blair and near River Wilds Golf Club. Site work includes grading, tree clearing, and a gravel driveway.
One unit is leased through March 2027. The other has been updated and is available for occupancy or leasing.
Key Highlights
- Two‑unit duplex totaling 2,524 square feet on 0.59 acres
- One unit leased through March 2027
- New siding and windows installed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,617
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,340
$512.3K
Cap Rate 7%
$365,957
$366.0K
Cap Rate 9%
$284,633
$284.6K
Market Conditions
NOI Build-Up for 2,524 SF
Gross rent
$50.0K $19.80/SF
− Vacancy
−$3.4K −$1.35/SF
EGI
$46.6K $18.45/SF
− OpEx
−$21.0K −$8.30/SF
NOI
$25.6K $10.15/SF
Area
Washington County, NE
Vacancy
6.80%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,340
Cap Rate 7%
$365,957
Cap Rate 9%
$284,633
Alternative Uses
Best Use
Multifamily LT 5
$410.6K
$359.3K – $479.1K
NOI $28,744 @ 7.0% cap · market cap 9.61%
Second Best
Apartment 5plus
$366.0K
$320.2K – $427.0K
NOI $25,617 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$663.1K
$580.2K – $773.6K
NOI $46,415 @ 7.0% cap · market cap 15.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1
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 - Two residences offer refreshed interiors, fenced outdoor areas, and one unit leased through March 2027.
Where is this duplex located?
The property is located at 15873 Us Hwy 75 Blair, NE.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,524 square feet on 0.59 acres; One unit leased through March 2027; New siding and windows installed in 2026
