$379,900

3901-3903 Fairacres Rd Kearney, NE 68845

Estimated payment $2,475/month

Total Views 5,916
7 Beds
4 Baths
3,840 Sq Ft
$99 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Combination Kitchen and Dining Room
  • 1-Story Property

About This Home

Are you on the lookout for your next investment opportunity? This townhome/condo situated in Northwest Kearney is ready to enhance your real estate portfolio. Each unit offers: One attached garage, a spacious living room, a dining/kitchen combo with a sliding door leading to a patio, two bedrooms, and one bathroom on the main floor, two additional non-conforming bedrooms, and one bathroom in the basement. All appliances, including the washer and dryer, are included and will remain with the property. Currently, each unit is rented on a month-to-month lease. Please note that showings must be approved by tenants with a minimum notice of 24-48 hours. Call to schedule your showing today!

Listing Agent

Amir Rizik

Keller Williams Heartland Kearney License #20220094 Listed on: 06/24/2025

Keller Williams Heartland Kearney

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 1982

Lot Details

  • 3,840 Sq Ft Lot
  • Lot Dimensions are 112' x 94'

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Stone

Interior Spaces

  • 7 Bedrooms
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Stove
  • Dishwasher

Community Details

  • Insurance Expense $2,700

Listing and Financial Details

  • The owner pays for water, garbage, applies to all units
  • Assessor Parcel Number 603688107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,475

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Conditions: GOOD
  • OFFICELIST_ADDRESS: 3901-3903 Fairacres Road
  • Geo Address Line: 3901 Fairacres Rd # 3903
  • Geo Primary City: Kearney
  • Geo Quality: 0.95
  • Geo Subdivision: NE
  • Geo Zoom Level: 16
  • Price per Sq Ft: 98.93
  • Restricted Covenant: Yes
  • Building Style: 1 1/2
  • Year Built: 1982
  • OCCUPANCY: Over 95% Occupancy
  • Safety Features: Smoke Detector
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Yes
  • Lower Floor 1 Bedrooms: Seven +
  • Foreclosure: No
  • Basement Type: DUPLEX
  • Insulation: YES
  • Stories: One
  • Unit Features: Applies To All, Fireplace, Kitchen/Dining Comb., Garage Utility, Washer/Dryer Hookups, Extra Storage, Finished Basement
  • Appliances: Applies To All, Refrigerator, Stove, Dishwasher, Washer-Connection, Dryer Connection, Extra Storage
  • Basement Bathrooms: Four

Exterior Features

  • Exterior Construction: Frame, Stone, Concrete Block
  • Number of Acres: 0.24
  • Roof: Asphalt

Garage/Parking

  • Garage Capacity: Two
  • Garage Type: Attached

Utilities

  • Utilities: Separate
  • Water and Sewer: City Sewer, City Water

Condo/Co-op/Association

  • Units in Building: 2

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 4475

Schools

  • School District: Buffalo Hills
  • School District: Buffalo Hills

Lot Info

  • Geo Update Timestamp: 2025-07-16
  • Lot Size: 112' X 94'
  • Parcel #: 603688107
  • Zoning: R2
  • Lot Sq Ft: 3840

Rental Info

  • Security Deposit: Y
  • Utilities Paid By Owner: Water, Garbage, Applies to All Units
  • Utilities Paid By Tenant: Gas, Electricity, Cable, Applies All

Tax Info

  • Tax Year: 2024

Multi Family

  • Income Net Income: 26725
  • Income Rent: 3000
  • Operating Expenses Insurance: 2700

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,476 $333,125 $48,045 $285,080
2023 $4,945 $290,535 $48,045 $242,490
2022 $4,817 $274,475 $49,625 $224,850
2021 $5,023 $291,235 $42,110 $249,125
2020 $4,878 $282,000 $42,110 $239,890
2019 $4,589 $262,110 $42,110 $220,000
2018 $4,905 $284,145 $42,110 $242,035
2017 $4,604 $268,500 $42,110 $226,390
2016 $3,839 $225,790 $42,110 $183,680
2015 $3,801 $218,490 $0 $0
2014 $3,116 $163,420 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $379,900 -2.6% $99 / Sq Ft
06/24/2025 06/24/25 For Sale $389,900 -- $102 / Sq Ft
Source: REALTORS® of Greater Mid-Nebraska

Purchase History

Date Type Sale Price Title Company
Warranty Deed $267,000 Central Nebraska Title
Warranty Deed $248,000 Central Nebraska Title
Warranty Deed $150,000 Ganz
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,063 New Conventional
Previous Owner $197,600 Commercial
Previous Owner $150,000 Commercial
Previous Owner $130,055 Purchase Money Mortgage
Source: Public Records

Source: REALTORS® of Greater Mid-Nebraska

MLS Number: 20250895

APN: 603688107