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$650,000

Added 6 months ago

1424 4 Th Ave, Scottsbluff, NE

Real Estate

For Sale

Listed price in listed location currency (USD).
$650,000

Added 6 months ago

3011628 sqft0
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 11628 sqft
Garage No
Taxes $6,743
Days Active 179
Lot Size 
Approx. Age 1917
Avg. Price Per Sqft $55
MLS® Number 22430471

Property Address: 1424 4 Th Ave, Scottsbluff, Nebraska

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number22430471
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1607
Exterior
GarageNo
Approx. Age1917
BasementWalk-Out Access
DrivewayNo Garage
Garage Spaces
HeatElectric, Wall Furnace
A/CWindow Unit(s)
Heating Fuel

Extras

1424 4 Th Ave, Scottsbluff, NE

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