Skip main navigation
For sale
  • Price cut: $30K (8/2)
    $395,000

    114 N Main St, Valentine, NE 69201

    --beds
    0baths
    --sqft
    : 
    $2,486/mo
    Get pre-qualified
    Multi Family
    Built in 1938
    -- sqft lot
    $389,300 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.
    324 days
    190
    6

    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

        Estimated market value

        $389,300

        $370,000 - $409,000

        $859/mo

        Price history

        DateEventPrice
        8/2/2026Price change$395,000-7.1%
        Source: My State MLS #11589858 Report a problem
        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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 69201

        Getting around

        66 / 100
        Somewhat Walkable
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating