$45,000! Historic 1900 Nebraska Home With 3 Bedrooms, 2 Baths & Tremendous Renovation Potential
A Rare Opportunity for Just $45,000! Located in Peru, Nebraska, this historic 1900 home offers 3 bedrooms, 2 bathrooms, and 1,248 square feet of living space on a 0.3-acre lot. For buyers who aren’t afraid of a project and can see beyond the current condition, this property could offer tremendous potential and the chance to create something truly special.
The home is being sold as-is and will require repairs and updating throughout, making it an ideal opportunity for investors, rehabbers, experienced renovators, or anyone searching for an affordable property they can completely transform. Instead of paying a premium for someone else’s renovations, you can bring your own ideas to the property and decide how you want the finished home to look and feel.
Built in 1900, the home offers the character and proportions you would expect from an older property while providing plenty of room for modernization. The two-story layout includes three bedrooms, with the bedrooms located on the second level, along with two bathrooms. The main level provides space that can be reimagined and updated to create comfortable living and entertaining areas.
The property also includes an unfinished basement of approximately 300 square feet, giving you additional storage or project space. Heating is provided by natural gas forced air, and window units provide cooling. The home has public water and sewer, while the kitchen includes a range and refrigerator.
Outside, the property sits on approximately 0.3 acres, with dimensions of about 96 by 136 feet. There’s enough outdoor space for landscaping, gardening, recreation, or creating a more attractive outdoor setting once the renovation work is complete. An enclosed patio also provides another area that could be improved and incorporated into the home’s living space.
The real attraction here is the potential. This isn’t a property that’s pretending to be finished—it is an honest renovation opportunity where the next owner can make significant improvements, add value, and build equity. With the right plan and investment, the transformation could be substantial.
Whether you’re looking for your next house-flipping project, a future rental property, a restoration project, or an affordable home that you can renovate over time, this property offers plenty of possibilities. The combination of a $45,000 asking price, three bedrooms, two bathrooms, over 1,200 square feet, and a 0.3-acre lot makes it an interesting opportunity for someone ready to put in the work.
If you’ve been searching for an affordable Nebraska property where your vision can truly make a difference, this historic Peru home deserves a closer look. Bring your renovation ideas, your creativity, and your plans, and imagine what this 1900 property could become with the right updates and a little hard work!
Listed on Zillow