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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:

December 17, 2025, 06:56 PM

MLS#

22534087

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 #:

22534087

Last Updated:

December 17, 2025, 06:56 PM

Added:

22 day(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
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.