$440,000
SOLD SEP 10, 2025

903-905 2nd St Gibbon, NE 68840

7 Beds
4 Baths
2,824 Sq Ft
2,824 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

6% Below List Price

56 Days on Market

About This Home

As of September 2025

Don’t miss this solid investment property located near downtown Gibbon! This well-maintained brick 4-plex, built in 1994, offers four identical units—each featuring 2 bedrooms, 1 full bathroom, and a 1-car attached garage. The property is in good condition and provides steady rental potential in a convenient location close to local shops, library, and park. With its low-maintenance brick exterior and desirable floor plans, this multi-family property is ideal for investors looking to expand their portfolio or for those seeking owner-occupancy with additional rental income.

Last Agent to Sell the Property

Steve Linden

Coldwell Banker Town & Country Listed on: 05/14/2025

Coldwell Banker Town & Country

Co-Listed By

Sara Rector - Steve Linden

Coldwell Banker Town & Country License #20070868

Last Buyer's Agent

Mike Lewis

HOME Real Estate of Kearney License #20200904

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,868

Year Built

  • Built in 1994

Lot Details

  • 2,824 Sq Ft Lot
  • Lot Dimensions are 132x71

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 7 Bedrooms
  • 2-Story Property
  • Washer and Dryer Hookup
  • Basement

Kitchen

  • Stove
  • Dishwasher

Listing and Financial Details

  • Tenant pays for electricity, cable
  • The owner pays for water, garbage
  • Assessor Parcel Number 640164050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,868

Year Built

Built in 1994

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 903-905 2nd Street
  • For Sale By Owner: No
  • Geo Address Line: 903 2nd St # 905
  • Geo Primary City: Gibbon
  • Geo Quality: 0.95
  • Geo Subdivision: NE
  • Geo Zoom Level: 16
  • Listing Office2: 3
  • Price per Sq Ft: 155.81
  • Restricted Covenant: No
  • Selling Agent1: 1676
  • Selling Office1: 130
  • Building Style: 2
  • Year Built: 1994
  • Safety Features: Sprinkler System
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Yes
  • Lower Floor 1 Bedrooms: Seven +
  • Foreclosure: No
  • Basement Type: FOURPLEX
  • Stories: Two
  • Unit Features: Washer/Dryer Hookups
  • Appliances: Applies To All, Refrigerator, Stove, Dishwasher, Washer-Connection, Dryer Connection, Washer/Dryer Hookups
  • Basement Bathrooms: Four

Exterior Features

  • Exterior Construction: Brick
  • Roof: Asphalt

Garage/Parking

  • Garage Capacity: Four
  • Garage Type: Attached

Utilities

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

Condo/Co-op/Association

  • Units in Building: 4

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 6867.66

Schools

  • School District: Gibbon
  • School District: Gibbon

Lot Info

  • Geo Update Timestamp: 2025-05-21
  • Lot Size: 132x71
  • Parcel #: 640164050
  • Lot Sq Ft: 2824

Rental Info

  • Security Deposit: y
  • Utilities Paid By Owner: Water, Garbage
  • Utilities Paid By Tenant: Electricity, Cable

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
Bvv Exchange Llc
Bought by
Wilkinson Jesse E and Wilkinson Josa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$453,095
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$35,905

Purchase Details

Closed on
Jun 28, 2024
Sold by
Hofferber Gene and Hofferber Lynette
Bought by
Bvv Exchange Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $300,000 Tri City Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,000 Credit Line Revolving
Previous Owner $266,602 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Sold $440,000 -6.2% $156 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $469,000 -- $166 / Sq Ft
Source: REALTORS® of Greater Mid-Nebraska

Tax History Compared to Growth

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 $6,868 $312,990 $20,290 $292,700
2024 $6,868 $401,250 $20,290 $380,960
2023 $7,675 $386,745 $18,445 $368,300
2022 $6,698 $334,270 $18,445 $315,825
2021 $6,511 $318,345 $18,445 $299,900
2020 $5,652 $279,300 $18,445 $260,855
2019 $6,121 $298,110 $18,445 $279,665
2018 $5,165 $252,185 $18,445 $233,740
2017 $4,449 $223,440 $18,445 $204,995
2016 $4,261 $223,440 $18,445 $204,995
2015 $3,920 $202,090 $0 $0
2014 $4,256 $199,965 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® of Greater Mid-Nebraska

MLS Number: 20250600

APN: 640164050