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Updated Duplex with Fenced Yards
New
For Sale
$299,000

15873 US Hwy 75, Blair, NE 68008

RESIDENTIAL, 1.5 Story, Blair, NE

Property Size2,524 SF
Lot Size0.59 Acres
Price / SF$118.46
Days on Market1

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 Bedroom 1, Bedroom 2, Basement, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 6, Laundry Room, Bedroom 4, Bedroom 5
Parking features Garage - Attached
Patio and Porch features Patio, Deck
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

Building Details

Year built 1900
Floors in Building 2
Flooring type Tile - Ceramic, Carpet
Roof type Composition
Architectural style Other
Listing Agency: BHHS Ambassador Real Estate · Berkshire Hathaway HomeServices
Listed By: Staci Mueller · License #20080312
Added: Oct 15 Last Checked: Oct 15 at 7:06PM
MLS# 22629819

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.

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Investment Insights

Based on property information with market context.

This 2,524-square-foot duplex occupies 0.59 acres and contains two residential units. Both have fenced backyards. The property has an attached garage, patio, and deck. Interior features include tile and carpet flooring, central air, and forced-air heating. The building dates to 1900; siding and windows are listed as new in 2026.

The property is on the west side of US Hwy 75, north of Blair and the River Wilds Golf Club. Unit 1 is leased through March 2027. Unit 2 has updated flooring, paint, counters, a refrigerator, and a tile backsplash; its basement has a painted and epoxy-coated finish.

Key Highlights

  • Two‑unit duplex on 0.59 acres
  • 2,524 square feet
  • Unit 1 leased through March 2027

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 (±1% cap)
NOI $28,744 @ 7.0% cap · market cap 9.61%
Second Best
Apartment 5plus
$366.0K
$320.2K – $427.0K (±1% cap)
NOI $25,617 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$663.1K
$580.2K – $773.6K (±1% cap)
NOI $46,415 @ 7.0% cap · market cap 15.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Garden Center Kitchen & Bath Showroom

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include fenced backyards, with one 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 on 0.59 acres; 2,524 square feet; Unit 1 leased through March 2027
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