1424 4th Avenue, Scottsbluff, NE 69361

Local realty services provided by:Better Homes and Gardens Real Estate The Good Life Group
1424 4th Avenue,Scottsbluff, NE 69361
$650,000
  • 3 Beds
  • - Baths
  • 11,628 sq. ft.
  • Multi-family
  • Active
Listed by: kirk bennett
Office: byowner.com
MLS#:22534087
Source:NE_OABR

Price summary

  • Price:$650,000
  • Price per sq. ft.:$55.9

About this home

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.

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Home facts

  • Year built:1917
  • Listing ID #:22534087
  • Added:407 day(s) ago
  • Updated:January 17, 2026 at 04:56 PM

Rooms and interior

  • Bedrooms:3
  • Living area:11,628 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Electric, Wall Furnace

Structure and exterior

  • Roof:Flat
  • Year built:1917
  • Building area:11,628 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Other
  • Middle school:Other
  • Elementary school:Other

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$55.9
  • Tax amount:$6,743 (2023)

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