Updated Duplex Investment
New
For Sale
$349,000
15873 US Hwy 75, Blair, NE 68008
DUPLEX - Blair, NE
Property Size2,524 SF
Lot Size0.59 Acres
Price / SF$138.27
Days on Market2
Property Features for 15873 US Hwy 75
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 6, Basement, Laundry Room, Bedroom 2, Bathroom 1
Parking features
Garage - Attached
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, Refrigerator
Subdivision
Land
Lot features
In City
Elementary school
Blair
Middle school
Otte Blair
High school
Blair
Elementary school district
Blair
Middle school district
Blair
High school district
Blair
Directions
Highway 75 North of Blair for 5 miles, property is on the left at the corner of Highway 75 and P10.
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
Legal Description
21 19 11 TL 27 21-19-11 15B PC 12
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Amenities
fenced backyards
gravel driveway
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 · Berkshire Hathaway HomeServices
(402) 493-4663
Listed By:
Staci Mueller · License #20080312
(402) 699-0067
Added: Jul 31
Last Checked: Aug 1 at 7:06AM
MLS# 22621906
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.
Totally updated duplex on a 0.59-acre lot featuring two units, each with fenced backyards. Property includes 2,524 SF, forced-air heating, and central air. Interior and exterior updates include new siding and new windows completed in 2026. Unit 1 is currently leased through March 2027 and includes new flooring, paint, counters, and appliances. Unit 2 was recently vacated and has also been updated with new paint on walls, doors, and trim, updated flooring, a new refrigerator, new counters, and a painted/epoxy’d basement. The property has been graded, several trees cleared, and a new white-gravel driveway installed.
Located just north of the River Wilds Golf Club on the west side of US Hwy 75 in Blair, NE, the duplex sits with deck and patio features and a composition roof. Additional on-site features include privacy fencing, an attached garage with garage door opener, and cable available.
This is a duplex designed to support income-producing occupancy, with unit condition improvements throughout both sides of the property.
Located just north of the River Wilds Golf Club on the west side of US Hwy 75 in Blair, NE, the duplex sits with deck and patio features and a composition roof. Additional on-site features include privacy fencing, an attached garage with garage door opener, and cable available.
This is a duplex designed to support income-producing occupancy, with unit condition improvements throughout both sides of the property.
Key Highlights
- 2,524 SF duplex on a 0.59‑acre lot with fenced backyards
- New siding and new windows completed in 2026
- Unit 1 leased through March 2027 with new flooring, paint, counters, and appliances
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 8.24%
Second Best
Apartment 5plus
$366.0K
$320.2K – $427.0K
NOI $25,617 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$663.1K
$580.2K – $773.6K
NOI $46,415 @ 7.0% cap · market cap 13.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Totally updated duplex on a 0.59-acre lot with fenced backyards, central air, and an attached garage for each unit.
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 $349,000.
What are key features of this property?
This property features: 2,524 SF duplex on a 0.59‑acre lot with fenced backyards; New siding and new windows completed in 2026; Unit 1 leased through March 2027 with new flooring, paint, counters, and appliances
