For investors and first-time buyers looking for a strategic entry point in Sidney, NE, 911 Olsen Dr presents a textbook “Value-Add” opportunity. Listed at $130,000, this 1950s ranch-style bungalow is positioned perfectly for someone with a vision to build immediate sweat equity.
With Sidney’s growing appeal as a quiet yet accessible Nebraska hub, securing a 3-bedroom home at this price point is a calculated move for long-term financial stability.
| Feature | Detail |
| Address | 911 Olsen Dr, Sidney, NE 69162 |
| Price | $130,000 ($143/sqft) |
| Est. Monthly | ~$898/mo |
| Beds/Baths | 3 Bedrooms / 1 Bathroom |
| Total Structure | 1,824 Sq. Ft. (Incl. Basement) |
| Year Built | 1955 (Solid Bones) |
The “Basement” Advantage: Doubling Your Space
While the main level offers 912 sq. ft. of comfortable living area, the real treasure lies below.
- The Math: The property features a full 912 sq. ft. basement, bringing the total structural area to 1,824 sq. ft.
- The Potential: With a partially finished family room and a 4th non-conforming bedroom already in the basement, completing this space would nearly double the home’s functional square footage and significantly boost its market Zestimate.
Functional Exterior: Garage & Green Space
Unlike many smaller homes, 911 Olsen Dr doesn’t compromise on outdoor utility:
- Detached Garage & Shed: Ideal for vehicle protection, a dedicated workshop, or seasonal storage.
- Large Fenced Yard: The 6,960 sq. ft. lot is fully enclosed with chain-link fencing, making it move-in ready for pet owners.
- Landscaped Efficiency: The yard comes equipped with an automatic sprinkler system, ensuring low-maintenance curb appeal.
Location & Lifestyle
Located in a established Sidney neighborhood, this home offers more than just four walls:
- Recreation Access: Situated near local green spaces and recreational areas, it caters to those who value an active lifestyle.
- Infrastructure: The property is connected to all public utilities (Natural Gas, Electric, Sewer) and sits on a well-maintained paved road with sidewalks.
Financial Outlook: A Stable Entry Point
- Tax Assessment: With a tax-assessed value of $92,150 and an annual tax of $2,021, the carrying costs for this property remain remarkably low.
- Ownership vs Renting: At an estimated $898/mo, owning this home is a hedge against rising rent prices in Western Nebraska.
The Verdict: A Vision-Ready Investment
911 Olsen Dr is not just a “small ranch”—it is a blank canvas. The family is currently clearing the property, which means you are stepping into a home that is ready for a modern cosmetic refresh.
Epathgo Final Thought: In a market where inventory is tight, a $130K home with a full basement and a garage is a rare find. For the buyer willing to apply a “personal touch,” the ROI (Return on Investment) here is substantial.
Listed on Zillow