801 Dowden & 1104 E 8th Valentine, NE 69201

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Property Details

Status:

For Sale

Price:

$1,790,000.00

Address:

801 Dowden & 1104 E 8th
Valentine, NE  69201

County:

Cherry

Coordinates:

42.882969 / -100.534693

Janelle Johnson: Associate Broker NE & SD

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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.  

Disclosure
All information contained herein is believed to be accurate; however, neither the Broker, its agents, nor the Seller make any representation, warranty, or guarantee as to its accuracy. Access to the property, availability of utilities, and any dimensions or measurements—including, without limitation, acreage, square footage, frontage, and boundary descriptions—have not been independently verified and are provided solely for marketing purposes. Buyers are advised to conduct their own due diligence to verify all such matters of concern, including measurements, property access, and utility connections.

Cooperating Broker Compensation
Terms of cooperating broker compensation, if any, are available upon request from the Listing Broker/Agent and must be determined prior to the commencement of cooperative efforts. Buyer’s agents/brokers must be disclosed and identified by the Buyer and/or their representative at the initial contact with the Listing Broker/Agent in order to qualify for compensation. Otherwise, compensation shall be at the sole discretion of the Seller, Broker, and Stracke Realty, LLC. Real estate commissions and cooperating broker compensation, when applicable, are fully negotiable and are not established or fixed by law, Stracke Realty, LLC (or any division, trade name, or DBA thereof), or its agents/brokers.

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