1424 4Th AVE, Scottsbluff, NE 69361
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1424 4Th AVE, Scottsbluff, NE 69361
1424 4Th AVE, Scottsbluff, NE 69361
1424 4Th AVE, Scottsbluff, NE 69361
1424 4Th AVE, Scottsbluff, NE 69361
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Steve VanHerpen

Steve VanHerpen

+1(402) 301-9032
Listed by Kirk Bennett Byowner.com
$ 650,000
Est. payment /mo
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Active

1424 4Th AVE Scottsbluff, NE 69361

3 Beds

11,628 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,628 sqft

Price per Sqft $55

Subdivision Second Add

MLS Listing ID 22534087

Style Two

Bedrooms 3

HOA Y/N No

Year Built 1917

Annual Tax Amount $6,743

Lot Size 7,000 Sqft

Acres 0.1607

Lot Dimensions 50' x 140'

Property Sub-Type Multi Family

Land Area 11628

Property Description

This well-maintained 12-unit property offers a diverse mix of units: six 1-bed/1-bath, four 2-bed/1-bath, and two 2-bed/2-bath apartments. Constructed with an all-brick exterior, the building ensures low-maintenance costs and durability. Boasting a consistent history of 100% long-term occupancy, this property delivers a remarkable ROI of 12-15%. Its prime location supports steady demand, sitting just 3 hours north of Denver, CO, 1 hour from Cheyenne, WY—home to the famous Frontier Days—and 3 hours from South Dakota's Black Hills tourism. Rental incomes available upon request. The local economy is bolstered by thriving nursing and radiology colleges, a Trauma II hospital, and community colleges. This steady market provides insulation from typical real estate fluctuations. Whether you're a seasoned investor or looking for a stable, high-yield opportunity, this multi-family property is a reliable asset in a growth-driven region.

Location

State NE

County Scotts Bluff

Area Scotts Bluff

Direction 4th Ave and 15th Street

Interior

Heating Electric, Wall Furnace

Cooling Window Unit(s)

Fireplaces Number No

Fireplace No

Appliance Range, Refrigerator, Water Softener

Exterior

Parking Features No Garage

Fence None

Roof Type Flat,Other

Porch Enclosed Porch

Garage No

Building

Foundation Concrete Perimeter

Lot Size Range 0.1607

Sewer Public Sewer

Water Public

Architectural Style Two

Level or Stories Two

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Ownership Fee Simple

Steve VanHerpen

Steve VanHerpen

+1(402) 301-9032

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1424 4Th AVE