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.
For sale
Price cut: $30K (8/2)
$395,000
114 N Main St, Valentine, NE 69201
--beds
0baths
--sqft
Multi Family
Built in 1938
-- sqft lot
$389,300 Zestimate®
$--/sqft
$-- HOA
What's special
Classic architectureFull basementThree-level structure
- 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
| Date | Event | Price |
|---|---|---|
| 8/2/2026 | Price change | $395,000-7.1% |
Source: My State MLS #11589858 Report a problem | ||
| 6/5/2026 | Price change | $425,000-14.1% |
Source: My State MLS #11589858 Report a problem | ||
| 4/21/2026 | Price change | $495,000-5.7% |
Source: My State MLS #11589858 Report a problem | ||
| 3/5/2026 | Price change | $525,000-11.8% |
Source: My State MLS #11589858 Report a problem | ||
| 10/14/2025 | Listed for sale | $595,000 |
Source: My State MLS #11589858 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




