Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker NHS Real Estate
Property view
Listing view 2
Listing view 3

1424 4th Avenue, 
Scottsbluff, NE 69361

$650,000


3

Beds


Bath


11,628

Sq Ft


Multi-Family

Active

Listed by

Kirk Bennett

Byowner.Com

800-296-9637

Last updated:

August 10, 2025, 02:32 PM

MLS#

22430471

Source:

NE OABR

About This Home

1424 4th Avenue

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.

Home Facts

Multi-Family

3 Bedrooms

Built in 1917

Price Summary

650,000

$55 per Sq. Ft.

MLS #:

22430471

Last Updated:

August 10, 2025, 02:32 PM

Added:

8 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Interior

Living Area:

11,628 Sq. Ft.


Structure

Structure

Building Area:

11,628 Sq. Ft.

Year Built:

1917


Lot

Lot Size (Sq. Ft):

7,000


Finances & Disclosures

Finances

Price:

$650,000

Price per Sq. Ft:

$55 per Sq. Ft.

Source:NE OABR
The information being provided by Great Plains REALTORS MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Great Plains REALTORS MLS All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.