Exceptional Opportunity – Two Homes on One Property! Looking for an investment opportunity, multi-generational living, or additional rental income? This unique property offers two homes situated on a large corner lot, providing flexibility and potential in one convenient location. The primary residence is a spacious two-story, 4-bedroom, 2-bath home with plenty of room for family, guests, or future possibilities. The second home is a 2-bedroom, 1-bath residence that is currently used as a rental, offering the potential for supplemental income or private living space for extended family (buyer to verify rental use and local regulations). Whether you're searching for a property with income potential, space for multiple households, or room to make your own, this property offers a rare combination of versatility and value. Property Features: Two homes on one large corner lot Main home: 4 bedrooms, 2 bathrooms Second home: 2 bedrooms, 1 bathroom Second home currently utilized as a rental Spacious lot with multiple possibilities Convenient location Property is being sold AS IS.
For sale
$160,000
539 S 1st St, Albion, NE 68620
4beds
2baths
--sqft
Single Family Residence
Built in 1915
9,075 Square Feet Lot
$141,200 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious lot
- 28 days
- 267
- 7
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Cindy Edwards,
Elite Realty
Source: Norfolk BOR,MLS#: 260461
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Has basement: Yes
Interior area
- Living area range: 1601-1800 Square Feet
Property
Parking
- Parking features: No Garage
Features
- Levels: One and One Half
- Waterfront features: None
Lot
- Size: 9,075 Square Feet
Details
- Parcel number: 0004630
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- 61 or more Yrs
- New construction: No
- Year built: 1915
Community & HOA
Location
- Region: Albion
Financial & listing details
- Tax assessed value: $96,715
- Annual tax amount: $751
- Price range: $160K - $160K
- Date on market: 8/6/2026
- Cumulative days on market: 30 days
Estimated market value
$141,200
$131,000 - $151,000
$1,244/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $160,000 |
Source: Norfolk BOR #260461 Report a problem | ||
| 3/3/2026 | Listing removed | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 2/16/2026 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $751 +10% | $96,715 +14.6% |
| 2024 | $683 -18.5% | $84,425 +11.3% |
| 2023 | $838 +1% | $75,855 +19.4% |
| 2022 | $830 +1.4% | $63,535 |
| 2021 | $819 +0.1% | $63,535 +4.9% |
| 2020 | $818 +6.9% | $60,570 -2.1% |
| 2018 | $765 -0.9% | $61,880 |
| 2017 | $771 | $61,880 +92.5% |
| 2016 | -- | $32,150 -2.6% |
| 2015 | -- | $32,995 +32.5% |
| 2012 | $31 | $24,895 |
| 2011 | $31 | $24,895 |
| 2010 | -- | $24,895 |
| 2009 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment




