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.
For sale
$1,790,000
801 Dowden St, Valentine, NE 69201
--beds
0baths
--sqft
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
- 78 days |
- 122 |
- 0 |
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
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Estimated market value
$1,714,300
$1.63M - $1.80M
$976/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Listed for sale | $1,790,000 |
Source: My State MLS #11715716 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $3,681 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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Climate risks
Neighborhood: 69201
Nearby schools
GreatSchools rating
- 10/10Valentine Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 7/10Valentine Middle SchoolGrades: 5-8Distance: 1.2 mi
- 6/10Valentine High SchoolGrades: 9-12Distance: 0.5 mi
- Nebraska
- Cherry County
- Valentine
- 69201
- 801 Dowden St




