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    Wallace, NE
    Residential Income

    Wallace, NE Residential Income Properties for Sale

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    Hayes Center, NE Sutherland, NE
    Motel and Residential Income Package
    Updated: Oct 31, 2025
    Motel and Residential Income Package

    Wallace Trifecta-House, Trailer Home, Mo, Wallace, NE 69169

    $360,000
    Package includes three income‑producing properties in Wallace, NE: 415 N Commercial Ave house, 218 N Garrison Ave trailer home, and 409 N Commercial Ave motel.
    415 N Commercial Ave: 1,528 SF home with 3 bedrooms, 2 bathrooms, 2 living areas, large 2‑car garage with workshop area, and covered patio.
    218 N Garrison Ave: trailer home on a double lot with 2 bedrooms, 1 bathroom, detached 2‑car garage, and new AC unit.
    409 N Commercial Ave motel: 5‑room setup with office; rental rooms include $600/month units (Rooms 3‑5), $780/month unit (Room 6), and $680/month (Room 1).
    Multiple revenue streams across residential + motel + rental trailer, offering consistent rental income potential.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Wallace, NE, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mobile Home & RV Park with Shelter
    Mobile Home & RV Park with Shelter

    39113 County Road 39, Otis, CO 80743

    $710,000
    6,652 sqft 10.47 AC lot

    Mobile home village with 8 lots, tenant-occupied mobile homes, RV parking, and individual utility hookups on 10.47 acres.

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    72-Unit Garden-Style Apartment Community
    72-Unit Garden-Style Apartment Community

    1612 E. D Street, North Platte, NE 69101

    $6,500,000
    50,400 sqft

    72-unit garden-style community with in-building washers and dryers and a balanced mix of 1- and 2-bedroom apartments.

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    Mobile Home and RV Park
    Mobile Home and RV Park

    39113 County Road 39, Otis, CO 80743

    $725,000
    10.47 AC lot

    Well-maintained mobile home village with individually serviced lots and a built-in tornado shelter on-site.

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    Mobile Home & RV Park Community
    Mobile Home & RV Park Community

    2710 W 5th St, North Platte, NE 69101

    Contact for pricing

    Westgate Mobile Home Park offers 39 spaces, plus an attached single-family home and a mobile home one mile north.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Agricultural Land with Irrigation Well
    Agricultural Land with Irrigation Well

    State Farm Road Long Acreage E, North Platte, NE 69101

    $394,400
    19.34 AC lot

    Flat irrigated farmland with grain bin and frontage, currently in hay production, offering flexible development options.

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    Development-Ready Farmland with Road Frontage
    Development-Ready Farmland with Road Frontage

    State Farm Road Long Acreage W, North Platte, NE 69101

    $394,200
    19.71 AC lot

    Flat farmland with utilities nearby and State Farm Road frontage, currently in hay production and suitable for future residential or light commercial use.

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    Land Parcel with Two Ponds
    Land Parcel with Two Ponds

    Buffalo Bill Pond, North Platte, NE 69101

    $750,000
    59.51 AC lot

    A hay-producing tract with deeded access via a 66 road easement and two ponds for mixed recreational or development planning.

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    Multi-Parcel Development Land
    Multi-Parcel Development Land

    S Buffalo Bill Development, North Platte, NE 69101

    $3,292,650
    205.00 AC lot

    Eight hay-producing parcels offer road-easement access and frontage on two routes for flexible commercial or mixed-use development.

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    Wallace, NE Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Wallace, NE on our real estate platform.

    Sale prices for residential income properties in Wallace, NE average $360,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 1
    Multifamily properties 1
    Single family properties 1

    Demographics Overview

    Population 465
    Population Growth (5Y) -21.1%
    Median Household Income $39,792
    College Educated 29.6%

    High-Yield Neighborhoods for Investment

    Identify Wallace submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    69169 $360K

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $28.28 per SF
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

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