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About This Home

This 0-bedroom, 0-bathroom residential multi family at 114 N Main Street in Valentine, NE is listed for $495,000 ($52 per sqft). Built in 1938, the home offers 9,450 sqft of living space on a N/A lot.

Agent Description

Price Reduced Motivated Seller! Prime Main Street property with 18 unit apartment building ideal for investors seeking a maintained building with significant upside potential. Discover this vintage apartment building constructed in 1938, offering classic architecture and timeless appeal.

The three-level structure comprises a total of 18 units, including 12 one-bedroom, 4 two-bedroom, and 2 efficiency apartments. Currently at 60% occupancy, this property presents a great opportunity for value-add investment and future growth. The building also features a full basement with potential to finish as a common area or laundry facility, enhancing tenant amenities and increasing revenue opportunities.

Schedule your viewing today of this prime commercial opportunity downtown the Heart City! Legal: OT Lots 15 16 17 Blk 5 Valentine Lot Size: 75'x150' Property Taxes ( 2024): $1,460.68 Utilities: Electricity is separately metered with each tenant paying their own, except the 2 efficiency units. Common area electricity, propane, trash, & water are provided.

Key Features

  • Built in 1938
  • 2 stories

Property Details

2 stories
1938

Amenities

HardwoodBasement

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

114 N Main Street

Valentine, NE 69201

Property Details

Flooring

CarpetHardwoodLinoleum

Construction

Brick

Parking

Garage

Heating

Forced AirPropane (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 114 N Main Street is listed at $495,000 ($52/sqft). The estimated monthly payment is $2,145 based on 20% down at 6.5% interest.

Key features include: Built in 1938, 2 stories.

This property is listed by Janelle Johnson and can be reached at 4023402990 or janelle@strackerealty.com.

JJ

Janelle Johnson

Agent at Stracke Land & Realty

(402) 340-2990

Listed by Stracke Land & Realty · View on Broker Site

MLS# 11589858· Source: listhub· Updated 241 days ago

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.

114 N Main Street, Valentine, NE 69201

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