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For sale
  • Price cut: $70K (6/5)
    $425,000

    114 N Main St, Valentine, NE 69201

    --beds
    0baths
    --sqft
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    Multi Family
    Built in 1938
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Classic architectureFull basementThree-level structure
    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.
    262 days
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    188
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    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    Janelle Johnson 402-322-1011,

    Stracke Land & Realty

    Source: My State MLS,MLS#: 11589858

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Basement
      • Area: 4725
      Heating
      • Propane, Forced Air
      Cooling
      • Wall/Window Unit(s)
      Features
      • Flooring: Hardwood, Carpet, Linoleum
      • Basement: Full,Partially Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 14,175
      • Finished area above ground: 9,450

      Property

      Features
      • Stories: 2
      • Has view: Yes
      • View description: Street
      Lot
      • Size: 0.26 Acres
      Details
      • Lease amount: $0

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Masonry - Brick, Brick Siding
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 1938

      Utilities & green energy

      • Electric: Amps(0)
      • Sewer: Municipal
      • Water: Municipal

      Community & HOA

      Community
      • Security: Alarm, Fire Sprinkler System
      HOA
      • Has HOA: No
      Location
      • Region: Valentine

      Financial & listing details

      • Annual tax amount: $1,461
      • Date on market: 10/14/2025
      • Date available: 10/03/2025
      • Listing agreement: Exclusive
      Janelle Johnson

      Janelle Johnson

      (402) 322-1011

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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $859/mo

        Price history

        DateEventPrice
        6/5/2026Price change$425,000-14.1%
        Source: My State MLS #11589858 Report a problem
        4/21/2026Price change$495,000-5.7%
        Source: My State MLS #11589858 Report a problem
        3/5/2026Price change$525,000-11.8%
        Source: My State MLS #11589858 Report a problem
        10/14/2025Listed for sale$595,000
        Source: My State MLS #11589858 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 69201

        Getting around

        67 / 100
        Somewhat Walkable
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating