533 Iver St Valparaiso, NE 68065
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.