809 S Elm St Kimball, NE 69145
Estimated payment $1,270/month
About This Home
Excellent investment opportunity located at 809 S Elm St in Kimball, Nebraska. This property consists of two four-plex buildings, offering a total of eight units. Each unit features two bedrooms and one bathroom, with each building totaling 1,248 square feet of living space. Two of the units in the west building have been fully gutted down to the studs, offering a great opportunity for a new owner to renovate and add value. This setup is ideal for an investor looking to increase equity while generating steady rental income. The property includes on-site coin-operated laundry and plenty of off-street parking for tenants. Tenants pay their own electric and gas, while the owner covers water, making it a straightforward and manageable investment. Located near major employers such as GRI and just a 10-minute drive to Clean Harbors, this property is also within walking distance to Kimball High School, providing a convenient and desirable location for tenants. With affordable entry costs compared to larger markets, this property offers significant upside for buyers looking to invest in a stable rental market with long-term growth potential. Whether you're expanding your portfolio or seeking your first income-producing property, 809 S Elm St presents a compelling opportunity in a strong location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,718
Home Design
- Ranch Style House
- Frame Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Listing and Financial Details
- Assessor Parcel Number 530039249
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,718 | $118,000 | $25,130 | $92,870 |
| 2023 | $1,895 | $102,540 | $13,790 | $88,750 |
| 2022 | $1,783 | $88,550 | $16,295 | $72,255 |
| 2021 | $1,864 | $91,910 | $16,295 | $75,615 |
| 2020 | $2,029 | $100,310 | $16,295 | $84,015 |
| 2019 | $2,031 | $100,310 | $16,295 | $84,015 |
| 2018 | $2,020 | $100,310 | $16,295 | $84,015 |
| 2017 | $2,006 | $100,310 | $16,295 | $84,015 |
| 2016 | $1,582 | $75,785 | $9,095 | $66,690 |
| 2015 | $1,678 | $75,785 | $9,095 | $66,690 |
| 2014 | $1,678 | $75,785 | $9,095 | $66,690 |
| 2013 | $1,666 | $75,785 | $9,095 | $66,690 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | Price Changed | $215,000 | -6.1% | -- |
| 10/29/2025 10/29/25 | For Sale | $229,000 | 0.0% | -- |
| 10/12/2025 10/12/25 | Pending | -- | -- | -- |
| 09/28/2025 09/28/25 | For Sale | $229,000 | -- | -- |
Source: Western Nebraska Board of REALTORS®
MLS Number: 26739
APN: 530039249
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