Investment Opportunity or Ideal Owner-Occupant Setup – Two Homes on One Property | $239,000 Welcome to 710 Morehead Street in Chadron, Nebraska – a rare opportunity to own two separate homes on one property, offering flexibility, income potential, and long-term value. Whether you’re looking for a smart investment or a primary residence with rental income, this property checks all the boxes. The main home, originally built in 1920, has been well maintained and updated with beautiful new plank flooring on the main level, creating a warm and inviting feel the moment you walk in. The layout offers one bedroom on the main floor, with two additional bedrooms in the finished basement, which is complete with new carpet and a ½ bathroom. The kitchen comes fully equipped with a refrigerator, electric stove/oven, microwave, dishwasher, along with two dryers, one washer, and a water softener, making it move-in ready. A new furnace installed in recent years adds peace of mind. Step outside and enjoy a covered back patio, perfect for relaxing and hanging out with friends and family during those beautiful Nebraska summer evenings. One of the standout features of the main home is the newly added carport on the north side, complete with fresh concrete and space for 2+ vehicles, along with a small shop area off the carport—ideal for storage, hobbies, or workspace. The second home, built in 2010, is a true bonus and a major value-add to the property. This 2-bedroom, 1-bathroom home offers a modern yet rustic feel, with hardwood-plank flooring on the main level and cozy carpet upstairs. Upstairs, you’ll find beautiful, blue-stained pine board walls, giving the space a unique and inviting character. The kitchen features hickory cabinets and stainless-steel appliances, including a gas stove, refrigerator, and a washer and dryer. Additional highlights include: Metal roof (approx. 10 years old) Newer windows Furnace and A/C installed in 2015 PEX plumbing throughout Excellent insulation using exterior freezer panel outside walls for energy efficiency This home also has alley access and includes a 264 sq ft insulated garage, perfect for storage, a workshop, or additional rental utility. Location is key, and this property delivers. You’re just a short distance from: Chadron State College A park just down the block Local amenities, shopping, and downtown Chadron, Nebraska Property Highlights: Two separate homes on one lot Main home: 3 bedrooms (1 up, 2 down), updated flooring, new furnace Second home: 2 bed / 1 bath, built in 2010 Strong rental income potential New carport + additional shop space Alley access to second home Insulated 264 sq ft garage 7,500 sq ft lot This is a versatile property that works as a primary residence with supplemental income, a full investment rental, or even a multi-generational setup. Opportunities like this don’t come around often in Chadron. Click below for a virtual walkthrough of each property. Main House- https://unbranded.visithome.ai/g78twbQWZXRRRzRaMcs7Kt?mu=ft Second House- https://visithome.ai/DsNdDYyxvAGWuwCdvGFk56?mu=ft
For sale
$225,000
710 Morehead St, Chadron, NE 69337
3beds
2baths
780sqft
Single Family Residence
Built in 1920
7,500 Square Feet Lot
$217,100 Zestimate®
$288/sqft
$-- HOA
What's special
Finished basementCovered back patioWater softenerNewer windowsPex plumbing throughoutWarm and inviting feel
- 93 days
- 129
- 4
Zillow last checked:
Listing updated:
Listed by:
Tommy Wiles,
#1 PROPERTIES RANCH & RECREATION, LLC
Source: SBCMLS,MLS#: 27342
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Dining room
- Features: Living/Dining C, Eat-in Kitchen
Living room
- Features: Carpet, Tile, Wood
Basement
- Area: 620
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Range, Dishwasher, Refrigerator, Microwave
- Laundry: In Basement
Features
- Basement: Partial,Finished
- Has fireplace: No
Interior area
- Total structure area: 1,400
- Total interior livable area: 780 sqft
- Finished area above ground: 780
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Fencing: Wood
Lot
- Size: 7,500 Square Feet
- Features: Established Yar, Good
Details
- Parcel number: 230005375
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Multi Level
- Property subtype: Single Family Residence
Materials
- Block, Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Location
- Region: Chadron
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $176,850
- Annual tax amount: $1,224
- Price range: $225K - $225K
- Date on market: 7/8/2026
- Road surface type: Asphalt
Estimated market value
$217,100
$206,000 - $228,000
$1,165/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Price change | $225,000-4.3%$288/sqft |
Source: SBCMLS #27342 Report a problem | ||
| 5/11/2026 | Price change | $235,000-1.7%$301/sqft |
Source: REALSTACK #102232 Report a problem | ||
| 4/6/2026 | Listed for sale | $239,000$306/sqft |
Source: REALSTACK #102232 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,450 +0.6% | $176,850 |
| 2024 | $2,434 -24% | $176,850 |
| 2023 | $3,202 +0.9% | $176,850 +5% |
| 2022 | $3,173 +8.4% | $168,415 +11% |
| 2021 | $2,927 -0.8% | $151,770 +5% |
| 2020 | $2,949 +2.7% | $144,545 |
| 2018 | $2,873 +5.9% | $144,545 |
| 2017 | $2,713 +124.8% | $144,545 +122.9% |
| 2016 | $1,207 | $64,855 |
| 2015 | $1,207 -3.3% | $64,855 +0% |
| 2013 | $1,248 | $64,850 |
Find assessor info on the county website
Monthly payment
Est. payment
