$525,000
OPEN THU 11:30AM - 1PM

823 W 22nd St Kearney, NE 68845

Estimated payment $3,048/month

Total Views 15
7 Beds
7 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

End of the year investment! 8-unit multifamily conversion (City of Kearney Registered) investment opportunity with strong gross rental income of $6,400/month! Property consists of 1, 2, and 3-bedroom units with individual bathrooms. Value add opportunity with additional (9th) unit in basement that is currently being used as an office. Unit details and individual lease rates are located on the rent roll in associated docs. Owner pays all utilities, averaging around $1,300/month. Please consult with your agent for extra due-diligence information. Due to the nature of the facility and ease of showing, there will be multiple site visitation opportunities for interested parties and their agents. These dates and times are: Thursday November 20th from 11:30am – 1pm, Saturday November 22nd from 10am-12pm, & Tuesday November 25th from 4-6 pm. No offers will be reviewed until after these showings.

Listing Agent

Drew Zaruba

C21 Midlands License #20210556 Listed on: 11/18/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 1900

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 7 Bedrooms
  • 2-Story Property
  • Drapes & Rods
  • Carpet
  • Fire and Smoke Detector
  • Stove

Listing and Financial Details

  • Assessor Parcel Number 601363000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,376

Year Built

Built in 1900

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 823 W 22nd Street
  • Geo Address Line: 823 W 22nd St
  • Geo Primary City: Kearney
  • Geo Quality: 0.95
  • Geo Subdivision: NE
  • Restricted Covenant: No
  • Building Style: 2
  • Year Built: 1900
  • OCCUPANCY: 90-95% Occupancy
  • Safety Features: Smoke Detector
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: No
  • Lower Floor 1 Bedrooms: Seven +
  • Foreclosure: No
  • Basement Type: APARTMENT BLDG
  • Stories: Two
  • Unit Features: Applies To All, Carpet, Drapes, Private Bath
  • Appliances: Applies To All, Refrigerator, Stove, Private Bath
  • Basement Bathrooms: Seven Or More

Exterior Features

  • Exterior Construction: Frame
  • Roof: Asphalt

Garage/Parking

  • Garage Capacity: None
  • Garage Type: None

Utilities

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

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: $3376.96

Schools

  • School District: Kearney 7

Lot Info

  • Lot Size: 11310 SqFt
  • Parcel #: 601363000
  • Zoning: R-1

Rental Info

  • Utilities Paid By Owner: Gas, Electricity, Water, Garbage, Applies to All Units

Tax Info

  • Tax Year: 2024

Multi Family

  • Income Other: 50
  • Income Rent: $6350

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
2025 $3,377 $268,810 $52,485 $216,325
2024 $3,377 $254,280 $49,765 $204,515
2023 $4,007 $235,445 $45,240 $190,205
2022 $3,935 $224,245 $45,240 $179,005
2021 $3,868 $224,245 $45,240 $179,005
2020 $3,843 $222,155 $45,240 $176,915
2019 $5,358 $306,015 $45,240 $260,775
2018 $4,651 $269,430 $35,650 $233,780
2017 $4,242 $247,380 $35,650 $211,730
2016 $4,206 $247,355 $35,650 $211,705
2015 $2,940 $169,000 $0 $0
2014 $3,248 $170,355 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 For Sale $525,000 -- --
Source: REALTORS® of Greater Mid-Nebraska

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $190,000 None Available
Source: Public Records

Source: REALTORS® of Greater Mid-Nebraska

MLS Number: 20251525

APN: 601363000

Nebraska Buffalo County Kearney 68845

823 W 22nd St, Kearney, NE

For Sale

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Drew Zaruba
Listing Agent
Drew Zaruba
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C21 Midlands
(308) 743-4269