$215,000
$25K PRICE DROP

812 Commercial St Palmer, NE 68864

Estimated payment $1,210/month

Total Views 583
2 Beds
2 Baths
1,428 Sq Ft
$151 Price per Sq Ft

Highlights

  • Furnished
  • Patio
  • Private Entrance
  • Mini Split Air Conditioners
  • Open Floorplan
  • Mini Split Heat Pump

About This Home

Take a look at this turn key investment property with low taxes. Both units are freshly remodeled and are almost fully furnished. All appliances stay (all electric), The occupied unit includes a T.V, end table, and bed which is being rented out for 1225/mo. The other unit (one of pictures) is currently in the works of being rented out as well for 1225 making the income 2450 /mo. Both units were remodeled at the same time (down to studs & everything new).

Listing Agent

Lance Reimers

Keller Williams Heartland Brokerage Phone: 4023280200 License #20240113 Listed on: 08/18/2025

Keller Williams Heartland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $779

Year Built

  • Built in 1997

Lot Details

  • 3,920 Sq Ft Lot
  • Private Entrance

Parking

  • No Garage

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Open Floorplan
  • Fire and Smoke Detector
  • Stove
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Palmer Public Schools Elementary And Middle School
  • Palmer Public Schools High School

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Water Heater

Listing and Financial Details

  • Tenant pays for applies to some units
  • The owner pays for electricity, water, applies to some units
  • Assessor Parcel Number 0006311.01

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 6 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$779

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Lot Size: 3,750 sq. ft
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1997
  • NAV89_rets_property_type: Residential Income
  • Attribution Contact: 4023280200
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Applies to All Units, Refrigerator, Stove, Other-See Remarks, Individual Water Heaters
  • Owner Pays: Electricity, Water, Applies to Some Units
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Living/Dining Combo, Kitchen/Dining Combo, Private Bath
  • Living Area: 1428
  • Window Features: Drapes

Exterior Features

  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Private Outside Entry
  • Patio And Porch Features: Patio
  • Property Condition: Great Remod.
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Washer/Dryer Hook-ups
  • Security: Smoke Detector(s), Firewall(s)
  • Cooling: Individual Air Conditioner
  • Cooling Y N: Yes
  • Heating: Individual Heat
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Palmer Public Schools
  • High School: Palmer Public Schools
  • Middle Or Junior School: Palmer Public Schools

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Farm Land Area Units: Square Feet
  • Parcel #: 0006311.01

Rental Info

  • Tenant Pays: Applies to Some Units, None

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Number Of Units Vacant: 6
  • Total Actual Rent: 2450
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 778.9
  • Tax Year: 2024

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 $779 $44,070 $2,815 $41,255
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 $635 $0 $0 $0
2012 $375 $31,800 $1,500 $30,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 Price Changed $215,000 -10.4% $151 / Sq Ft
08/18/2025 08/18/25 For Sale $240,000 0.0% $168 / Sq Ft
10/01/2024 10/01/24 For Rent $1,300 +4.0% --
09/12/2024 09/12/24 Price Changed $1,250 -- $2 / Sq Ft
Source: Grand Island Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $45,000 None Listed On Document
Warranty Deed $33,000 Grand Island Abstract Escrw
Warranty Deed $20,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,866 New Conventional
Closed $92,700 New Conventional
Closed $41,128 New Conventional
Source: Public Records

Source: Grand Island Board of REALTORS®

MLS Number: 20250815

APN: 006311.01