Estimated payment $378/month
Highlights
- 1 Car Detached Garage
- Combination Kitchen and Dining Room
- 1-Story Property
- Fireplace
About This Home
Located in Lyman Nebraska, this unique two-home rental property offers an exceptional investment opportunity or an ideal living arrangement for extended families. The property comprises two single family homes, each boasting its own charm. The first home is a quaint 2-bedroom, 1-bathroom residence. This home is heated with a wood stove, but a natural gas heater could be easily added in the living room. Utilities on this home average $150/ month and is easy to rent at $650, tenant pays utilities. The second home is a quaint underground 1-bedroom, .75-bathroom. This home is electric heat and needs the baseboards replaced. It includes a refrigerator and range/ oven. Utilities for this home run an average of $85 and has rented for $350, tenant pays utilities. Both homes are on their own meters. There is a nice block, detached, garage with power and a swamp cooler and a garden shed, on the property. The property boundaries are visible by a chain link fence. The most unique feature is a working water pump. Both homes appear solid with no visible cracking of foundation or walls/ceilings. There have been some updates to the water heaters and plumbing. Roofs need replaced but they do not leak. In general, this property could use a little cleaning and paint and is ready to go. Last time either property was occupied was June of 2024. Whether you choose to live in one home and rent out the other, or rent out both homes, the potential for steady rental income is significant. With the growing demand for rental properties in the area, this is an opportunity you don't want to miss.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $502
Parking
- 1 Car Detached Garage
Home Design
- Frame Construction
- Asphalt Roof
Interior Spaces
- 1-Story Property
- Fireplace
- Combination Kitchen and Dining Room
- Stove
- Washer and Dryer Hookup
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- 0.25 Acre Lot
- Private Water Source
Listing and Financial Details
- Assessor Parcel Number 010080198
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 |
---|---|---|---|---|
2024 | $581 | $37,875 | $8,820 | $29,055 |
2023 | $502 | $23,676 | $1,341 | $22,335 |
2022 | $502 | $23,676 | $1,341 | $22,335 |
2021 | $505 | $23,676 | $1,341 | $22,335 |
2020 | $508 | $23,676 | $1,341 | $22,335 |
2019 | $507 | $23,676 | $1,341 | $22,335 |
2018 | $510 | $23,676 | $1,341 | $22,335 |
2017 | $512 | $23,676 | $1,341 | $22,335 |
2016 | $466 | $21,501 | $1,341 | $20,160 |
2015 | $457 | $21,243 | $1,341 | $19,902 |
2014 | $460 | $21,243 | $1,341 | $19,902 |
2012 | -- | $21,243 | $1,341 | $19,902 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/21/2025 08/21/25 | Price Changed | $62,000 | -8.8% | $40 / Sq Ft |
08/29/2024 08/29/24 | For Sale | $68,000 | -- | $44 / Sq Ft |
Source: Western Nebraska Board of REALTORS®
MLS Number: 25853

APN: 010080198
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