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Four-Unit Apartment Building
For Sale
$365,000

502 Broadway Street, Tecumseh, NE 68450

Three apartments have been updated, while the remaining unit is ready for further interior work.

Property SizeContact for details
Days on Market414

Property Features for 502 Broadway Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family Home

Property Condition

Severity Repairs Needed
Evidence one ready for your finishing touch

Units

Unit Mix 4 x 1BR
Multifamily Units 4

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,076

Building Details

Year Built 1875
Year Renovated 1997
Stories 2
Units 4
Listing Agency: Granneman Agency Inc
Listed By: Lynn Wilhelm
Source: Grannemanagency
Added: Sep 9, 2025 Changed: Oct 27 Last Checked: Oct 26 at 4:00AM

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 Granneman Agency Inc

Rey
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Investment Insights

Based on property information with market context.

This four-unit property contains four one-bedroom apartments. Three units have been updated, and the fourth is ready for additional finishing. Originally constructed as a church in 1875, the building underwent remodeling from 1995 to 1997, including work to the siding, windows, and roof.

Tenants have off-street parking. Residents pay for electricity and gas; water, sewer, and garbage are covered by the owner.

Key Highlights

  • Four one‑bedroom units
  • Three apartments updated; one remains ready for finishing
  • Originally built as a church in 1875

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

203
Businesses Nearby

Demographics for 68450, NE

3,369
Population
1,140
Households
3
Avg Household Size
40
Median Age
14%
College-Educated
83%
High-School Grad
132.4 sq mi
ZIP Area
25
Density / Sq Mi
$47,157
Median Household Income
$37,114
Median Earnings
$800
Median Rent
$118,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Three apartments have been updated, while the remaining unit is ready for further interior work.
Where is this quadplex located?
The property is located at 502 Broadway Street Tecumseh, NE.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Four one‑bedroom units; Three apartments updated; one remains ready for finishing; Originally built as a church in 1875
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