INVESTORS—PUT YOUR MONEY TO WORK! Fully rented 5-unit property bringing in $3,125 per month—that’s $37,500 in annual gross rental income! Long-term tenants in Units 1, 2, and 3 provide an established rental base, while the recently renovated basement unit adds to the appeal. Nice corner lot with alley access and a garage! Electricity is separately metered; landlord pays common-area electric, gas for the two water heaters, water, and trash. The two upstairs units share a bathroom. Whether you’re building your portfolio or making your first investment, this income-producing property deserves a look!
Pending
$279,900
1401 S 3rd St, Norfolk, NE 68701
5beds
4baths
--sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Recently renovated basement unit
- 8 days
- 191
- 2
Zillow last checked:
Listing updated:
Listed by:
Teri Bauer,
Re/Max Associates
Source: Norfolk BOR,MLS#: 260659
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Rooms
- Room types: Liv/Din Combo, Kit/Din Combo, Utility Room, Private Bath, Shared Bath, Extra Storage
Heating
- Individual Heat
Appliances
- Included: Applies To All, Refrigerator, Stove, Common Wtr Htr
Features
- Flooring: Carpet
- Has basement: Yes
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: Two
- Exterior features: Comn Outsid Ent
Details
- Parcel number: 590121596
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other, Separate Meters
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Norfolk
Financial & listing details
- Annual tax amount: $1,819
- Price range: $279.9K - $279.9K
- Date on market: 10/23/2026
- Cumulative days on market: 9 days
- Total actual rent: 3125
- Tenant pays: Electricity, Applies To All
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2026 | Pending sale | $279,900 |
Source: Norfolk BOR #260659 Report a problem | ||
| 10/23/2026 | Listed for sale | $279,900 |
Source: Norfolk BOR #260659 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment



