114 N Main St, Valentine, NE, 69201
About This Home
Price Reduced Motivated Seller! Prime Main Street property with 18 unit apartment building ideal for investors seeking a maintained building with significant upside potential. Discover this vintage apartment building constructed in 1938, offering classic architecture and timeless appeal. The three-level structure comprises a total of 18 units, including 12 one-bedroom, 4 two-bedroom, and 2 efficiency apartments. Currently at 60% occupancy, this property presents a great opportunity for value-add investment and future growth. The building also features a full basement with potential to finish as a common area or laundry facility, enhancing tenant amenities and increasing revenue opportunities. Schedule your viewing today of this prime commercial opportunity downtown the Heart City! Legal: OT Lots 15 16 17 Blk 5 Valentine Lot Size: 75'x150' Property Taxes ( 2024): $1,460.68 Utilities: Electricity is separately metered with each tenant paying their own, except the 2 efficiency units. Common area electricity, propane, trash, & water are provided.
Getting Around
Somewhat Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1938
Materials
- Roof: Flat
- Construction materials: Masonry - Brick,Brick Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Area: 4725
Basement
- Has basement: Yes
- Basement: Full,Partially Finished
Features
- Flooring: Hardwood,Carpet,Linoleum
- Finished area above ground: 9,450
Heating & Cooling
- Heating features: Propane,Forced Air
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 14,175
Property
Details
- Lease amount: 0
Features
- Stories: 2
- Has view: Yes
- View description: Street
Lot
- Lot size: 0.26 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
- Winter Weather
- Drought
- Hail
- Lightning
- Tornado
- Wildfire
- Heat Wave
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Nebraska Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,997 | $23,964 |
| Home Insurance | $686 | $8,232 |
| Property Taxes | $312 | $3,744 |
| Electricity | $124 | $1,493 |
| Total | $3,119 | $37,428 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-21 | Price change | $495,000 |
| 2026-03-05 | Price change | $525,000 |
| 2025-10-14 | Listed for sale | $595,000 |
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