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14-Unit Multifamily Property Package
For Sale
$1,790,000

801 Dowden, Valentine, NE 69201

Business Opportunity, Valentine, NE

Property SizeContact for details
Lot Size0.68 Acres
Days on Market183

Property Features for 801 Dowden

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Standard status Active
APN 160164044 & 160164052
Lot size 0.68 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5391

Utilities

Heating system Electric (Heating), Forced Air
Water source Public

Amenities

in-unit laundry
utility/storage buildings

Building Details

Floors in Building 2
Flooring type Carpet
Roof type Asphalt
Listing Agency: Stracke Land & Realty
Listed By: Janelle Johnson
Added: Apr 9 Changed: Sep 7 Last Checked: Oct 8 at 9:06AM
MLS# 11715716

Copyright © 2026 My State 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 multifamily offering combines two apartment buildings totaling 14 units: an 8-unit property and a 6-unit property. The units share a consistent two-bedroom configuration and include in-unit laundry. Each apartment has separate mechanical systems, while electricity, water, and sewer are separately metered so tenants pay their own utility usage. Common-area electricity is provided.

The buildings contain 8,616 square feet and 4,160 square feet, respectively, and were built in 2019 and 2014. The property also includes two utility/storage buildings. The parcels measure 87' x 170' each and are served by public water. Located at 801 Dowden in Valentine, Nebraska, the package offers a uniform multifamily configuration across two separate improvements.

Key Highlights

  • 14 total units across an 8‑plex and 6‑plex
  • All units feature two‑bedroom layouts with in‑unit laundry
  • Separate mechanical systems serve each apartment

Property Analytics

Current Use

Apartment buildings

Lease Details

14
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 69201, NE

4,143
Population
2,086
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
97%
High-School Grad
1,605.6 sq mi
ZIP Area
3
Density / Sq Mi
$58,808
Median Household Income
$36,660
Median Earnings
$859
Median Rent
$141,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two well-maintained apartment buildings offer uniform two-bedroom layouts with in-unit laundry and separately metered utilities.
Where is this apartment building located?
The property is located at 801 Dowden Valentine, NE.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: 14 total units across an 8‑plex and 6‑plex; All units feature two‑bedroom layouts with in‑unit laundry; Separate mechanical systems serve each apartment
More about this property
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