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Off market
  • $822,600

    501 W Norfolk Ave, Norfolk, NE 68701

    16beds
    11baths
    10,838sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $822,600 Zestimate®
    $76/sqft
    $1,101 Estimated rent

    Home value

    $822,600

    $691,000 - $962,000

    $1,101/mo

    Zestimate® history
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    Owner options

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    $1,101/mo

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    $1,101/mo

    Rent Zestimate®

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    $4,396/mo

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    $4,396/mo

    Est. payment

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    What's special

    Here is your chance to own a truly unique and lucrative investment property on the Riverpoint in historic and vibrant downtown Norfolk. It is a true lve here work here property that combines 11 spacious upgraded apartments (6 one bedroom and 5 two bedroom) with low vacancy and over 12,000 square feet of commercial/retail space. The commercial space is currently divided into 4 separate retail locations and a sizable storage space in the rear of the building. Three of the 4 retail spaces are currently leased. (See attached pro-forma cash flow in associated documents). Don't miss out on this rare chance to own commercial and multi-family space in one of the hottest commercial real estate sub-markets in Northeast Nebraska.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 11
    Heating
    • Gas
    Appliances
    • Included: Refrigerator
    Interior area
    • Total interior livable area: 10,838 sqft

    Construction

    Type & style
    • Home type: MultiFamily

    Utilities & green energy

    • Utilities for property: Other

    Community & HOA

    Location
    • Region: Norfolk

    Financial & listing details

    • Price per square foot: $76/sqft

    Price history

    DateEventPrice
    1/31/2020Sold$575,000$53/sqft
    Source: Norfolk BOR #180518 Report a problem
    11/26/2019Pending sale$575,000$53/sqft
    Source: Real Estate Solutions Team #180518 Report a problem
    3/8/2019Listed for sale$575,000+3243%$53/sqft
    Source: Real Estate Solutions Team #180518 Report a problem
    8/31/2018Sold$17,200$2/sqft
    Source: Norfolk BOR #180362 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 68701

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Norfolk

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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