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Apartment Building Package with Two Utility Buildings
For Sale
$1,790,000

801 Dowden, Valentine, NE 69201

COMMERCIAL - Valentine, NE

Property SizeContact for details
Lot Size0.68 Acres
Days on Market138

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

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: Aug 4 Last Checked: Aug 24 at 7:06AM
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.

Offered together, this multifamily package includes an 8-plex and a 6-plex totaling 14 units. The units are all two-bedroom layouts and feature in-unit laundry. The buildings are multi-level and include separate mechanical systems for each unit, supporting easier maintenance and independent operation.

Building size totals 8,616 sq.ft. for one multi-level building and 4,160 sq.ft. for the other. The property sits on 0.6791 acres and includes two utility/storage buildings that may provide an additional source of revenue. Legal description includes CITY THIRD ADDITION LOTS 4 & 5 BLK 6 VALENTINE.

For utilities, electricity, water, and sewer are separately metered with each tenant paying their own. The buildings were constructed in 2019 and 2014. Interior flooring includes carpet, with electric forced air heating and an asphalt roof. Public water is provided.

Key Highlights

  • Package includes an 8‑plex and a 6‑plex totaling 14 units
  • Two‑bedroom layouts with in‑unit laundry in every unit
  • Separate mechanical systems by unit for independent operation

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 multifamily buildings totaling 14 two-bedroom units with in-unit laundry, separate mechanical systems, and tenant-paid 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: Package includes an 8‑plex and a 6‑plex totaling 14 units; Two‑bedroom layouts with in‑unit laundry in every unit; Separate mechanical systems by unit for independent operation
More about this property
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