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Property profile & analytics
OFF-MARKET
Residential income homes

533 Iver St Valparaiso, NE 68065

3,503 SF Built 2004
Property ID
US57-0055335
Property summary
AI-generated overview

This exceptional four-unit multifamily property in Valparaiso, Nebraska, presents a compelling investment opportunity. The 3,503-square-foot building, constructed in 2004 and situated on a 12,500-square-foot lot, boasts a Class B rating and is currently 100% occupied. Each of the four units offers two bedrooms, one bathroom, a living room, kitchen, dining area, in-unit laundry, and an oversized attached single-car garage with ample storage. Recent exterior renovations include a new roof and siding, and the property's mechanical systems have also been updated. The property is zoned for commercial use and is conveniently located just one block from the main street, offering easy access to amenities. Furthermore, its proximity to Lincoln (a 15-minute drive) adds to its appeal. All four units are currently leased on a month-to-month basis, providing immediate cash flow and the potential for future rent increases to align with current market rates. This meticulously maintained property, owned and cared for by the same family for two decades, represents a turnkey investment with significant upside potential. The asking price is $440,000, translating to $125.61 per square foot. One parking space is available per unit.

Property profile
Verified
Property type Residential income homes
Year built 2004
Total area 3,503 SF
UPID US57-0055335
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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