1424 4th Ave Scottsbluff, NE 69361
Estimated payment $3,911/month
Highlights
- Corner Lot
- Enclosed Patio or Porch
- Window Unit Cooling System
- No HOA
- Brick or Stone Mason
- Water Softener
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,743
Year Built
- Built in 1917
Lot Details
- 7,000 Sq Ft Lot
- Lot Dimensions are 50' x 140'
- Corner Lot
Parking
- No Garage
Home Design
- Flat Roof Shape
- Brick or Stone Mason
- Concrete Perimeter Foundation
Interior Spaces
- 3 Bedrooms
- 11,628 Sq Ft Home
- 2-Story Property
- Walk-Out Basement
- Oven or Range
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Window Unit Cooling System
- Wall Furnace
- Water Softener
Community Details
- No Home Owners Association
- Second Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 010142576
- Tax Block G
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,234 | $434,195 | $20,885 | $413,310 |
| 2024 | $4,593 | $371,105 | $17,850 | $353,255 |
| 2023 | $7,368 | $363,830 | $17,500 | $346,330 |
| 2022 | $7,368 | $363,830 | $17,500 | $346,330 |
| 2021 | $7,478 | $363,830 | $17,500 | $346,330 |
| 2020 | $7,524 | $363,830 | $17,500 | $346,330 |
| 2019 | $7,514 | $363,830 | $17,500 | $346,330 |
| 2018 | $7,560 | $363,830 | $17,500 | $346,330 |
| 2017 | $7,586 | $363,830 | $17,500 | $346,330 |
| 2016 | $7,589 | $363,592 | $8,820 | $354,772 |
| 2015 | $7,533 | $363,592 | $8,820 | $354,772 |
| 2014 | $6,420 | $331,340 | $8,820 | $322,520 |
| 2012 | -- | $316,105 | $8,820 | $307,285 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $650,000 | +76.6% | $56 / Sq Ft | |
| 07/13/2012 07/13/12 | Sold | $368,000 | 0.0% | -- | View Prior Sale |
| 04/11/2012 04/11/12 | Pending | -- | -- | -- | |
| 04/04/2012 04/04/12 | For Sale | $368,000 | -- | -- |
Source: Great Plains Regional MLS
MLS Number: 22534087
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