For sale

$1,790,000

0.68 acres

801 DowdenValentine, NE 69201

Multifamily property · MLS 11715716 · Listed 208 days ago (Apr 9, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

8,616 sq.ft. Multi Level & 4,160 sq.ft. Multi Level Exceptional opportunity to acquire two well-maintained multifamily properties, a 8-plex and 6-plex, offered together. Ideally located in the desirable Valentine area, these properties feature a total of 14 units, all consisting of spacious two-bedroom layouts, appealing to a broad and stable tenant base. Each unit offers comfortable living spaces with functional floor plans and the added convenience of in-unit laundry, a highly sought-after feature for tenants. Additionally, all units are equipped with separate mechanical systems, allowing for easier maintenance, improved efficiency, and reduced owner expenses. The properties benefit from a strong occupancy history and provide steady reliable income for investors seeking immediate cash flow. Further enhancing the income potential, the property includes two utility/storage buildings with the opportunity to generate additional revenue-a valuable bonus for increasing overall returns. With a uniform unit mix, desirable in-unit features, separate mechanicals, and added income potential, this package presents a rare chance to own a scalable, low-maintenance multifamily investment in one of the most sought-after areas. Whether you're expanding your portfolio or entering the multifamily market, this 14-unit package delivers stability, simplicity, and long-term growth potential. Legal: CITY THIRD ADDITION LOTS 4 & 5 BLK 6 VALENTINE Lot Size: 87'x170' & 87'x170' Year Built: 2019 & 2014 Property Taxes/Year: $3,583.90 + $1,807.24/2025 Utilities: Electricity, water, & sewer separately metered with each tenant paying their own. Common area electricity is provided.

Description provided by the listing brokerage.

Key facts

Asking price
$1,790,000
Status
For sale
Property type
MultifamilyFrom the MLS property class
Land area
0.68 acresSource field LotSizeSquareFeet
MLS number
11715716

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$1,790,000
Annual taxes
$5,391Tax year 2025

Building and site

Units
14From the listing description
Stories
2
Reported zoning
CommercialAs reported by the listing. Confirm permitted uses for your plans with the local zoning authority.
County
Cherry County

Reported features

  • Public water (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Flooring

  • Carpet

Basement

  • Finished

Heating

  • Forced Air
  • Electric

Roof

  • Asphalt

Water

  • Public (Water Source)

Sewer

  • Other

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Valentine or multifamily property in Valentine.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-5-plus)

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Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

    Guides

    Listing courtesy of Stracke Land & Realty. Listing agent: Janelle Johnson. Listings provided by MyStateMLS.

    Listing last modified at the source Jul 29, 2026, 3:20 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 3, 2026, 11:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.