This well-maintained 12-unit property offers a diverse mix of units: six 1-bed/1-bath, four 2-bed/1-bath, and two 2-bed/2-bath apartments. Constructed with an all-brick exterior, the building ensures low-maintenance costs and durability. Boasting a consistent history of 100% long-term occupancy, this property delivers a remarkable ROI of 12-15%. Its prime location supports steady demand, sitting just 3 hours north of Denver, CO, 1 hour from Cheyenne, WY—home to the famous Frontier Days—and 3 hours from South Dakota’s Black Hills tourism. Rental incomes available upon request. The local economy is bolstered by thriving nursing and radiology colleges, a Trauma II hospital, and community colleges. This steady market provides insulation from typical real estate fluctuations. Whether you're a seasoned investor or looking for a stable, high-yield opportunity, this multi-family property is a reliable asset in a growth-driven region.
For sale
$650,000
1424 4th Ave, Scottsbluff, NE 69361
3beds
--baths
11,628sqft
Est.:
Multi Family
Built in 1917
-- sqft lot
$-- Zestimate®
$56/sqft
$-- HOA
What's special
All-brick exterior
- 141 days
- on Zillow |
- 338 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: December 09, 2024 at 10:07pm
Listed by:
Kirk Bennett 312-972-6663,
Byowner.com
Source: GPRMLS,MLS#: 22430471

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Heating
- Electric, Wall Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Range - Cooktop + Oven, Refrigerator, Water Softener
Features
- Basement: Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 11,628
- Total interior livable area: 11,628 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Patio & porch: Enclosed Porch
- Fencing: None
Lot
- Size: 7,000.09 Square Feet
- Dimensions: 50' x 140'
- Features: Over 1/4 up to 1/2 Acre, Corner Lot
Details
- Parcel number: 010142576
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat,Other
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1917
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: SECOND ADD
HOA
- Has HOA: No
Location
- Region: Scottsbluff
Financial & listing details
- Price per square foot: $56/sqft
- Annual tax amount: $6,743
- Date on market: 12/5/2024
- Listing terms: Cash,Private Financing Available
- Ownership: Fee Simple
- Total actual rent: 1775
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