See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

801 Dowden St, Valentine, NE, 69201

--beds
0baths
0sqft
$1,790,000
--price/sqft
$13,127/moest. monthly cost
$525,080/yrincome needed

About This Home

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.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

10/10
7/10
Valentine Middle SchoolGrades 5-81.2 mi
6/10
Valentine High SchoolGrades 9-120.5 mi

Construction

Materials

  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full,Finished

Features

  • Laundry
  • Flooring: Carpet
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 160164044 & 160164052
  • Lease amount: 0

Features

  • Stories: 2
  • Has view: Yes
  • View description: Street

Lot

  • Lot size: 0.68 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Drought
Hail
Lightning
Tornado
Wildfire
Heat Wave
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Nebraska Counties

Fire
Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,051$108,612
Home Insurance $3,109$37,308
Property Taxes $843$10,116
Electricity $124$1,493
Total$13,127$157,524

Income You'd Need if You Spent...

35% on housing$450,068/yr
40% on housing$393,810/yr
45% on housing$350,053/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 6.3%
6.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 69201$251
Cherry County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 69201
Cherry County$78

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-21Listed for sale$1,790,000

For Sale by Agent

AgentJanelle Johnson
BrokerageStracke Land & Realty

Similar Homes