About This Home

This 2-bedroom, 3-bathroom multi-family at 408 Main Street in Herman, NE is listed for $119,000 ($103 per sqft). Built in 1900, the home offers 1,152 sqft of living space on a 0.03 acres lot.

Key Features

  • Built in 1900
  • 0.03 acre lot

Property Details

1 story
1 full, 1 half
1900

Amenities

A/C
Listing Description

Why pay the entire mortgage yourself when your property can help? This duplex gives you the option to live in one unit while collecting rent from the other, or rent both units and add an income-producing property to your portfolio. With 1,152 total sq ft, the front unit offers 528 sq ft and is currently rented, providing income from day one.

The 624 sq ft back unit is vacant and ready for an owner or new tenant. Located in a small-town community, this is a practical opportunity to start investing, add another rental to your portfolio, or build equity while offsetting your monthly payment.

Monthly Cost Estimate

$636/mo

20% down · 6.5% · 30 years

Principal$86
Interest$516
Insurance$35

Estimates only. Actual payments may vary.

Location

408 Main Street

Herman, NE 68029

N//A

Property Details

Heating

Forced Air

Cooling

Central Air

Appliances

DryerRangeRefrigeratorWasher

Questions & Answers

This 2-bedroom, 3-bathroom multi-family at 408 Main Street is listed at $119,000 ($103/sqft). The estimated monthly payment is $637 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.03 acre lot.

This property is listed by Melanie Kaeding.

MK

Melanie Kaeding

Agent at NP Dodge Real Estate Sales, Inc

Listed by NP Dodge Real Estate Sales, Inc · Broker phone: (402) 255-5099 · View on Broker Site · Broker website

MLS# 22618769· Source: Great Plains Regional MLS· 118 days on PropertySimple

Copyright © 2026 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

408 Main Street, Herman, NE 68029

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