Sold for $240,000

$240,000

305 Main St, Hubbard, NE 68741

9beds

6,300sqft

Multi Family

Built in 1960

-- sqft lot

$240,300 Zestimate^®

$38/sqft

$2,395 Estimated rent

Home value

$240,300

Estimated sales range

Not available

$2,395/mo

Zestimate^® history

Owner options

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$2,395/mo

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$2,395/mo

Rent Zestimate^®

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$1,333/mo

Est. payment

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$1,333/mo

Est. payment

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What's special

Distinct outdoor patio areaStrong visibilityFive income-producing apartment unitsFlexible interior layout

Unique mixed-use investment opportunity in the heart of downtown Hubbard. This property features five income-producing apartment units paired with a large restaurant/bar space located on the main downtown corridor. The commercial space offers strong visibility, a flexible interior layout, and a distinct outdoor patio area that enhances customer appeal and seasonal revenue potential. Residential units provide consistent rental income, creating a diversified cash-flow opportunity under one roof. Central downtown location with walkable access to local businesses and community amenities. Ideal for investors seeking a combination of residential and commercial income in a single asset. Being sold "as is"

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 7
Full bathrooms: 4
3/4 bathrooms: 1
1/2 bathrooms: 2

Heating

Forced Air

Cooling

Window Unit(s)

Interior area

Total structure area: 6,300
Total interior livable area: 6,300 sqft
Finished area above ground: 1
Finished area below ground: 0

Property

Parking

Parking features: No Garage, Dirt

Lot

Size: 10,018 Square Feet

Details

Parcel number: 220002533
Zoning: COMMERCIAL
Zoning description: COMMERCIAL

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: City

Community & HOA

Location

Region: Hubbard

Financial & listing details

Price per square foot: $38/sqft
Annual tax amount: $1,484
Price range: $240K - $240K
Date on market: 1/13/2026
Total actual rent: 4055
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
5/15/2026	Sold	$240,000-26.2%$38/sqft
Source: Northwest Iowa Regional BOR #831479 Report a problem
4/21/2026	Pending sale	$325,000$52/sqft
Source: Northwest Iowa Regional BOR #831479 Report a problem
3/30/2026	Price change	$325,000-14.5%$52/sqft
Source: Northwest Iowa Regional BOR #831479 Report a problem
1/13/2026	Listed for sale	$380,000$60/sqft
Source: Northwest Iowa Regional BOR #831479 Report a problem

Public tax history

Tax history is unavailable.

Neighborhood: 68741

Nearby homes

Nearby schools

GreatSchools rating

4/10
Emerson-Hubbard Elementary School
Grades: PK-5Distance: 9.4 mi
5/10
Emerson-Hubbard Middle School
Grades: 6-8Distance: 9.7 mi
3/10
Emerson-Hubbard High School
Grades: 9-12Distance: 9.7 mi

Schools provided by the listing agent

Elementary: Emerson-Hubbard
Middle: Emerson-Hubbard
High: Emerson-Hubbard

Source: Northwest Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.