Updated Duplex Income
15873 US Hwy 75 Blair, NE 68008
New
15873 US Hwy 75, Blair, NE, 68008
$364,900
For Sale
$364,900
DUPLEX - Blair, NE
Property Size2,524 SF
Lot Size0.59 Acres
Price / SF$144.57
Days on Market2
Property Features for 15873 US Hwy 75
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 3, Laundry Room, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Basement, Bedroom 6, Bedroom 5, Bedroom 4
- Patio and Porch features
- Deck, Patio
- Interior features
- Cable Available, Ceiling Fan, Garage Door Opener
- Exterior features
- Patio, Deck/Balcony
- Fencing
- Privacy
- Appliances
- Dishwasher, Microwave, Range - Cooktop + Oven, Refrigerator
- Standard status
- Active
- APN
- 890029666
- Size
- 2,524 SF
- Lot size
- 0.59 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 21 19 11 TL 27 21-19-11 15B PC 12
- Tax Annual Amount
- 2587
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Flooring type
- Carpet, Tile - Ceramic
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
BHHS Ambassador Real Estate
(402) 493-4663
331 Village Pointe Plz #201, Omaha, NE
Listed by
Staci Mueller · License #20080312
(402) 699-0067
Added: Jul 17 Checked: Jul 18 at 1:06 am
MLS# 22620417
Listing URL
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.
Investment Insights
Based on property information with market context.
This fully updated duplex is ready for an income-focused buyer. The property has undergone exterior improvements including new siding and new windows (2026), and the site has been graded with several trees cleared. A new white-gravel driveway was added, and both units feature fenced backyards.
Unit 1 is currently leased through March 2027 and has new flooring, paint, counters, and appliances. Unit 2 was recently vacated and has been fully updated with new paint on walls, doors, and trim, updated flooring, a new refrigerator, new counters, and a tile backsplash, along with a painted/epoxy’d basement.
Located just north of River Wilds Golf Club on the west side of Hwy 75 in Blair, Nebraska, the duplex offers a turnkey, revenue-producing configuration with distinct updates across both units.
Unit 1 is currently leased through March 2027 and has new flooring, paint, counters, and appliances. Unit 2 was recently vacated and has been fully updated with new paint on walls, doors, and trim, updated flooring, a new refrigerator, new counters, and a tile backsplash, along with a painted/epoxy’d basement.
Located just north of River Wilds Golf Club on the west side of Hwy 75 in Blair, Nebraska, the duplex offers a turnkey, revenue-producing configuration with distinct updates across both units.
Key Highlights
- Rural Blair duplex on 0.59 acres, with two fenced backyards for each unit
- Unit 1 is currently leased through March 2027
- Major exterior updates planned/installed: new siding and new windows (2026)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.9k | $17.40 |
| − Vacancy | −$2.9k | −$1.13 |
| EGI | $41.1k | $16.27 |
| − OpEx | −$12.3k | −$4.88 |
| NOI | $28.7k | $11.39 |
2,524 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$410.6K
$359.3K – $479.1K
NOI $28,744 @ 7.0% cap · market cap 7.88%
Second Best
Apartment 5plus
$366.0K
$320.2K – $427.0K
NOI $25,617 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$663.1K
$580.2K – $773.6K
NOI $46,415 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Fully updated duplex on a 0.59-acre lot with fenced backyards 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 $364,900.
What are key features of this property?
This property features: Rural Blair duplex on 0.59 acres, with two fenced backyards for each unit; Unit 1 is currently leased through March 2027; Major exterior updates planned/installed: new siding and new windows (2026)
