$375,000
$25K PRICE DROP

1108 Douglas St Wayne, NE 68787

Wayne Area

Estimated payment $2,418/month

Total Views 880
6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

**Turnkey 4-Plex Investment Opportunity Near Wayne State College!** This recently remodeled 4-plex located just a few blocks from Wayne State College presents an outstanding opportunity for both seasoned investors and those looking to enter the world of real estate investing. Recently vacated to allow for renovation, the property is ready for its next owner to begin leasing immediately and hand-select ideal tenants from day one. Significant recent improvements include a new roof, new Hardie plank siding, fresh exterior and interior paint, updated flooring throughout, remodeled bathrooms, and a new water heater. The bright, airy units offer an inviting living environment that tenants will appreciate. The property features two spacious 2 bedroom, 1 bathroom units and two 1-bedroom, 1 bathroom units. The 1-bedroom units offer additional upside potential, with the possibility of converting them into 2-bedroom units through the addition of egress windows. New interior doors will be installed prior to closing, or the buyer may elect to receive a credit and complete the installation themselves. Whether you're looking to expand an existing rental portfolio or purchase your first income-producing property, this updated and income-ready 4-plex is an opportunity you won't want to miss.

Listing Agent

Megan Eckert

INSPIRE HOME & LAND REALTY License #20110204 Listed on: 04/30/2026

Property Details

Home Type

  • Multi-Family

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms

Listing and Financial Details

  • The owner pays for water, garbage
  • Assessor Parcel Number 0004046.00

Property Details

Home Type

Multi-Family

Listing Details

  • Class: MULTI-FAMILY
  • Style: Other
  • Miscellaneous: Individual Heat, Individual Air
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Bathrooms: 4
  • Has Basement: No
  • Stories: Two

Exterior Features

  • Construction: Frame
  • Roof: Fiberglass

Garage/Parking

  • Garage Type: None
  • Utilities Paid By Owner: Water, Garbage
  • Utilities Paid By Renter: Electricity
  • Water And Sewer: City Water, City Sewer

Utilities

  • Utilities: Other

Lot Info

  • Parcel #: 0004046.00

Tax Info

  • Year: 2025
  • Taxes: $2,459.62

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/22/2026 07/22/26 Price Changed $375,000 -6.2% --
04/30/2026 04/30/26 For Sale $399,900 -- --
Source: Norfolk Board of REALTORS®

Source: Norfolk Board of REALTORS®

MLS Number: 260334

Norfolk Board of REALTORS®
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