This beautifully renovated property offers a rare opportunity to own two homes on one lot in a prime Gering location directly across from Gardner Park. Whether you are looking for multi-generational living, an owner-occupied investment, or a property with flexible income potential, this one offers exceptional versatility. The main residence has been thoughtfully updated with modern finishes while still feeling warm, inviting, and move-in ready. Spacious living areas and updated features create a comfortable place to call home. One of the standout features is the large finished basement, which offers valuable bonus space for a second living area, guest space, recreation room, home office, or future customization to fit your needs. The second home adds even more value and flexibility, whether used for rental income, extended family, guests, or a private workspace. With its unique layout and multiple living options, this property is well suited for buyers who want both comfort and long-term potential. In addition to the updates and flexibility, the location is a major advantage. Situated near downtown Gering, grocery store, parks, and everyday conveniences, this property combines lifestyle, function, and investment appeal in one compelling package.
For sale
Price cut: $20K (5/8)
$295,000
1955 12th St, Gering, NE 69341
4beds
2baths
1,420sqft
Single Family Residence
Built in 1913
7,000 Square Feet Lot
$284,900 Zestimate®
$208/sqft
$-- HOA
What's special
Large finished basement
- 118 days |
- 466 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Cinda Munoz,
NEBRASKA REALTY
Source: SBCMLS,MLS#: 27037
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 3
Kitchen
- Features: Luxury vinyl plank
Living room
- Features: Luxury vinyl plank
Basement
- Area: 840
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Water Softener Owned, Electric Water Heater
- Laundry: Luxury vinyl plank
Features
- Walk-In Closet(s)
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 2,260
- Total interior livable area: 1,420 sqft
- Finished area above ground: 1,420
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Garage spaces: 1
- Has carport: Yes
Features
- Patio & porch: Patio
Lot
- Size: 7,000 Square Feet
- Features: Established Yar
Details
- Parcel number: 010057129
- Zoning: RES
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Hard Board
- Roof: Composition
Condition
- New construction: No
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Gering
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $176,320
- Annual tax amount: $2,966
- Price range: $295K - $295K
- Date on market: 3/9/2026
- Road surface type: Paved
Estimated market value
$284,900
$271,000 - $299,000
$1,440/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Price change | $295,000-6.3%$208/sqft |
Source: SBCMLS #27037 Report a problem | ||
| 3/9/2026 | Listed for sale | $315,000$222/sqft |
Source: SBCMLS #27037 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,966 +5.2% | $176,320 +9.4% |
| 2024 | $2,819 -3.3% | $161,235 +16.4% |
| 2023 | $2,915 +12.4% | $138,530 +14.5% |
| 2022 | $2,593 +5.6% | $121,009 +6.7% |
| 2021 | $2,456 +4.2% | $113,367 +4.8% |
| 2020 | $2,357 -2.1% | $108,169 |
| 2018 | $2,408 +4.6% | $108,169 +4.8% |
| 2017 | $2,302 +12.1% | $103,218 |
| 2016 | $2,053 | $103,218 +2.9% |
| 2015 | $2,053 +3.2% | $100,334 |
| 2014 | $1,989 -1.4% | $100,334 +1.9% |
| 2012 | $2,017 | $98,449 -1% |
| 2011 | -- | $99,454 -1.5% |
| 2010 | -- | $100,924 |
| 2009 | -- | $100,924 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 69341
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Gering Junior High SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Gering High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Gering
- Middle: Gering
- High: Gering
Source: SBCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Nebraska
- Scotts Bluff County
- Gering
- 69341
- 1955 12th St




