801 Dowden & 1104 E 8th, Valentine, NE 69201

$1,790,000
Active for Sale
 
Listing ID 11715716
Property Type Multi-Unit (5+)
Commercial Type Residential/Multifamily
County Cherry
Total Tax $5,391
Tax ID 160164044 & 160164052
FEMA Flood Map fema.gov/portal
   
Virtual Tour
8,616 sq.ft. Multi Level & 4,160 sq.ft. Multi Level Exceptional opportunity to acquire two well-maintained multifamily properties, a 8-plex and 6-plex, offered together. Ideally located in the desirable Valentine area, these properties feature a total of 14 units, all consisting of spacious two-bedroom layouts, appealing to a broad and stable tenant base. Each unit offers comfortable living spaces with functional floor plans and the added convenience of in-unit laundry, a highly sought-after feature for tenants. Additionally, all units are equipped with separate mechanical systems, allowing for easier maintenance, improved efficiency, and reduced owner expenses. The properties benefit from a strong occupancy history and provide steady reliable income for investors seeking immediate cash flow. Further enhancing the income potential, the property includes two utility/storage buildings with the opportunity to generate additional revenue-a valuable bonus for increasing overall returns. With a uniform unit mix, desirable in-unit features, separate mechanicals, and added income potential, this package presents a rare chance to own a scalable, low-maintenance multifamily investment in one of the most sought-after areas. Whether you're expanding your portfolio or entering the multifamily market, this 14-unit package delivers stability, simplicity, and long-term growth potential. Legal: CITY THIRD ADDITION LOTS 4 & 5 BLK 6 VALENTINE Lot Size: 87'x170' & 87'x170' Year Built: 2019 & 2014 Property Taxes/Year: $3,583.90 + $1,807.24/2025 Utilities: Electricity, water, & sewer separately metered with each tenant paying their own. Common area electricity is provided.
Property Details
  • 29580 SF Lot
  • 2 Stories
  • Available 4/09/2026
  • Full Basement
  • Lower Level: Finished
Interior Features
  • Carpet Flooring
  • Vinyl Plank Flooring
  • Forced Air
  • Electric Fuel
  • Central A/C
Exterior Features
  • Frame Construction
  • Asphalt Shingles Roof
  • Municipal Water
  • Municipal Sewer
  • Street View
Taxes and Fees
  • $5,391 Total Tax
  • Tax Year 2025
Listed By
Stracke Land & Realty
Office: 402-340-2990
Mobile: 402-322-1011
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