




1424 4th Ave, Scottsbluff, NE, 69361
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.
Getting Around
Schools
Construction
Condition
- Property condition: Not New and NOT a Model
- Year built: 1917
Materials
- Foundation: Concrete Perimeter
- Roof: Flat,Other
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range,Refrigerator,Water Softener
Basement
- Has basement: Yes
- Basement: Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 3
Heating & Cooling
- Heating features: Electric,Wall Furnace
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 11,628
- Total interior livable area: 11,628 sqft
Property
Details
- Parcel number: 010142576
Features
- Levels: Two
- Patio & porch: Enclosed Porch
- Fencing: None
Lot
- Lot size: 7,000 sqft
- Features: Over 1/4 up to 1/2 Acre,Corner Lot
- Lot size dimensions: 50' x 140'
