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823 W 22nd Street

Kearney, NE 68845
  • $525,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 20251525
UPDATED: 71 min ago
$525,000
  • 7
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

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.

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© 2025 REALTORS® of Greater Mid-Nebraska. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rooted Realty Group. Data last updated: 2025-12-05T23:36:40.963.
www.rootedrealtyne.com/homes/170063198
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823 W 22nd Street Kearney, NE 68845

  • Price: $525,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 71 min ago
  • MLS #: 20251525
7
Beds
0
Baths
0
½ Baths
0.26
Acres
1900
Built
Neighborhood:
4 - Sw in Town Kearney (S Of 25th St & W Of 2nd Ave)
Area:
4 - Sw in Town Kearney (S Of 25th St & W Of 2nd Ave)
Property Description
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.
Exterior Features

Construction Frame Garage Capacity None Garage Type None Roof Asphalt Style 2

Interior Features

All Baths Seven Or More Appliances Applies To AllRefrigeratorStovePrivate Bath Basement No Safety Features Smoke Detector Unit Features Applies To AllCarpetDrapesPrivate Bath Unit1 Baths 1 Unit1 Number Bedrooms 2 Unit2 Baths 1 Unit2 Number Bedrooms 3 Unit3 Baths 1 Unit3 Number Bedrooms 1 Unit4 Baths 1 Unit4 Number Bedrooms 1 Unit5 Baths 1 Unit5 Number Bedrooms 1 Unit6 Baths 1 Unit6 Number Bedrooms 1

Property Features

Bank Owned No Flood Zone No Foreclosure No Income Other 50 Income Rent $6350 Miscellaneous Pet RestrictionCommon HeatCommon Air Conditioner No Of Stories Two Restricted Covenant No Sale Rent For Sale Short Sale No Tax Year 2024 Taxes $3376.96 Type APARTMENT BLDG Unit1 Rent $775 Unit2 Rent $1100 Unit3 Rent $750 Unit4 Rent $750 Unit5 Rent $750 Unit6 Rent $825 Utilities Other Utilities Paid By Owner GasElectricityWaterGarbageApplies to All Units Water And Sewer City SewerCity Water Zoning R-1

Listing information © 2025 REALTORS® of Greater Mid-Nebraska.
Listing provided courtesy of Drew Zaruba of C21 Midlands.



© 2025 REALTORS® of Greater Mid-Nebraska. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rooted Realty Group. Data last updated: 2025-12-05T23:36:40.963.
 
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Rooted Realty Group
5 W 21st Street
Kearney NE, 68847