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#:22430471
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 #:22430471
- Added:251 day(s) ago
- Updated:August 10, 2025 at 02:32 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)