1108 Douglas St Wayne, NE 68787
Wayne AreaEstimated payment $2,418/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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®
MLS Number: 260334
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Ask me questions while you tour the home.