Skip main navigation
For sale
  • $949,500

    128/130 S 5th St, Norfolk, NE 68701

    5beds
    5baths
    --sqft
    : 
    Loading
    Get pre-qualified
    Apartment
    Built in ----
    -- sqft lot
    $911,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Residential units are all-electricShared common restroom area
    Opportunity meets stability in the heart of downtown Norfolk. The historic Mohawk Building at 128/130 S 5th Street offers a fully occupied mixed-use investment property with a proven income stream and a strong tenant mix already in place. The property features three fully leased commercial spaces along with five fully rented residential units, including a studio apartment. The residential units are all-electric, providing simplified utility management and attractive efficiency for tenants. Commercial occupants benefit from access to a shared common restroom area, helping maximize rentable space throughout the building. One of the property's unique features is the rooftop area, offering both a patio space and additional flexible-use area that could serve as a tenant lounge, workout space, entertainment area, or gathering spot. This added amenity helps distinguish the property and enhances its long-term appeal. Positioned in Norfolk's vibrant downtown district, the Mohawk Building combines strong occupancy, diversified income sources, and a location that continues to attract both residential and commercial tenants. Whether you're expanding an existing portfolio or seeking a dependable turnkey investment, this property offers the stability, character, and income-producing potential investors are looking for. A rare opportunity to acquire a fully leased downtown asset with immediate cash flow and long-term upside.
    36 days
    |
    285
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Russell Wilcox,

    Real Estate Solutions Team

    Source: Norfolk BOR,MLS#: 260356

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      Rooms
      • Room types: Comn Util Room
      Appliances
      • Included: Applies To All, Refrigerator, Stove, Dishwasher
      Features
      • Has basement: Yes
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached
      • Attached garage spaces: 1
      Features
      • Levels: Multi/Split,Two
      • Patio & porch: Patio
      • Exterior features: Balcony
      Details
      • Parcel number: 590077856

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment
      Materials
      • Brick
      • Roof: Flat

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Separate, Separate Meters

      Community & HOA

      Community
      • Security: Smoke Detector(s), Fire Alarm
      Location
      • Region: Norfolk

      Financial & listing details

      • Annual tax amount: $4,587
      • Price range: $949.5K - $949.5K
      • Date on market: 6/16/2026
      • Cumulative days on market: 65 days
      • Total actual rent: 7000

        Estimated market value

        $911,700

        $866,000 - $957,000

        $1,466/mo

        Price history

        DateEventPrice
        6/16/2026Listed for sale$949,500
        Source: Norfolk BOR #260356 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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 68701

        Getting around

        81 / 100
        Very Walkable
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes