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For sale
  • $1,790,000

    801 Dowden St, Valentine, NE 69201

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    Multi Family
    Built in ----
    -- sqft lot
    $1,714,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Functional floor plansComfortable living spacesSpacious two-bedroom layoutsIn-unit laundry
    8,616 sq.ft. Multi Level & 4,160 sq.ft. Multi Level Exceptional opportunity to acquire two well-maintained multifamily properties, a 8-plex and 6-plex, offered together. Ideally located in the desirable Valentine area, these properties feature a total of 14 units, all consisting of spacious two-bedroom layouts, appealing to a broad and stable tenant base. Each unit offers comfortable living spaces with functional floor plans and the added convenience of in-unit laundry, a highly sought-after feature for tenants. Additionally, all units are equipped with separate mechanical systems, allowing for easier maintenance, improved efficiency, and reduced owner expenses. The properties benefit from a strong occupancy history and provide steady reliable income for investors seeking immediate cash flow. Further enhancing the income potential, the property includes two utility/storage buildings with the opportunity to generate additional revenue-a valuable bonus for increasing overall returns. With a uniform unit mix, desirable in-unit features, separate mechanicals, and added income potential, this package presents a rare chance to own a scalable, low-maintenance multifamily investment in one of the most sought-after areas. Whether you're expanding your portfolio or entering the multifamily market, this 14-unit package delivers stability, simplicity, and long-term growth potential. Legal: CITY THIRD ADDITION LOTS 4 & 5 BLK 6 VALENTINE Lot Size: 87'x170' & 87'x170' Year Built: 2019 & 2014 Property Taxes/Year: $3,583.90 + $1,807.24/2025 Utilities: Electricity, water, & sewer separately metered with each tenant paying their own. Common area electricity is provided.
    78 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Janelle Johnson 402-322-1011,

    Stracke Land & Realty

    Source: My State MLS,MLS#: 11715716

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Basement
      • Area: 0
      Heating
      • Electric, Forced Air
      Cooling
      • Central
      Features
      • Laundry
      • Flooring: Carpet
      • Basement: Full,Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Finished area above ground: 0

      Property

      Features
      • Stories: 2
      • Has view: Yes
      • View description: Street
      Lot
      • Size: 0.68 Acres
      Details
      • Parcel number: 160164044 & 160164052
      • Lease amount: $0

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 0

      Utilities & green energy

      • Electric: Amps(0)
      • Sewer: Municipal
      • Water: Municipal

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Valentine

      Financial & listing details

      • Tax assessed value: $591,888
      • Annual tax amount: $5,391
      • Date on market: 4/21/2026
      • Date available: 04/09/2026
      • Listing agreement: Exclusive
      Janelle Johnson

      Janelle Johnson

      (402) 322-1011

      By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.

        Estimated market value

        $1,714,300

        $1.63M - $1.80M

        $976/mo

        Price history

        DateEventPrice
        4/21/2026Listed for sale$1,790,000
        Source: My State MLS #11715716 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,584 -15.3%$591,888
        2024$4,234 +59.5%$591,888 +117.1%
        2023$2,655 -9.2%$272,638
        2022$2,925 +2.3%$272,638 +6.2%
        2021$2,858 -2.8%$256,747 -0.6%
        2020$2,941 +2796.9%$258,219 +2823.3%
        2019$102 -3.2%$8,833
        2018$105 +12.4%$8,833 +20%
        2017$93 +100.2%$7,361 +100%
        2016$47 -13.5%$3,681
        2015$54 -11.5%$3,681
        2014$61 -5.4%$3,681
        2011$64 -0.8%$3,681
        2010$65 -2%$3,681
        2009$66 $3,681

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 69201

        Getting around

        14 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating