Excellent investment opportunity featuring 16 updated rental units, an on-site office, and a 4-bedroom, 2-bath home, all situated in a highly visible location along the main thoroughfare through Kimball. With a versatile mix of single and double-bed accommodations, kitchenette units, ample parking, and operational support spaces, this property is well positioned for short-term, extended-stay, workforce, or traveling professional accommodations.
16 updated rental units
9 one-bed kitchenette units - Rooms 7, 9-16
Walk-in showers
Mini refrigerators
Microwaves
Hot plates
4 one-bed units - Rooms 1, 2, 4 & 5
Bathtubs
Mini refrigerators
Microwaves
No full kitchenette
3 two-bed kitchenette units - Rooms 3, 6 & 8
Rooms 3 & 6 feature bathtubs
Room 8 features a walk-in shower
Kitchenette accommodations
On-site 4-bedroom, 2-bath home
Basement bedrooms are non-egress
Provides additional rental, manager, or owner-occupant possibilities
Newly remodeled office
Dedicated storage areas for cleaning supplies and housekeeping operations
Two laundry rooms with the potential to add coin-operated laundry machines
Ample on-site parking
High-visibility location along a primary roadway through Kimball
Units have been updated and are ready for continued operation
Flexible property setup offering multiple potential revenue streams
This is a unique opportunity to acquire an established lodging property with the infrastructure already in place for day-to-day operations. The combination of 16 rental units, an additional residence, office space, operational storage, laundry facilities, and excellent visibility creates an attractive opportunity for an investor or owner-operator looking for an income-producing property in Kimball.
For sale
$349,900
607 E 3rd St, Kimball, NE 69145
20beds
--sqft
Other
Built in 1927
0.48 Acres Lot
$330,300 Zestimate®
$--/sqft
$-- HOA
What's special
Kitchenette accommodationsHot platesAmple on-site parkingNewly remodeled officeMini refrigeratorsWalk-in showersTwo laundry rooms
- 29 days
- 220
- 12
Zillow last checked:
Listed by:
Natacha Gaspar,
#1 Properties Ranch & Recreation 307-236-8299
Source: REALSTACK,MLS#: 115328
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 19
- Full bathrooms: 18
- 1/2 bathrooms: 1
Features
- Has basement: No
Video & virtual tour
Property
Lot
- Size: 0.48 Acres
Details
- Parcel number: 530038242
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Other
Materials
- Stucco
- Roof: Asphalt
Condition
- Year built: 1927
Community & HOA
Location
- Region: Kimball
Financial & listing details
- Tax assessed value: $347,975
- Annual tax amount: $4,712
- Date on market: 8/19/2026
- Lease term: Contact For Details
Estimated market value
$330,300
$310,000 - $347,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $349,900-10.3% |
Source: REALSTACK #115328 Report a problem | ||
| 5/4/2025 | Listing removed | $390,000 |
Source: SBCMLS #25956 Report a problem | ||
| 1/23/2025 | Listed for sale | $390,000 |
Source: SBCMLS #25956 Report a problem | ||
| 11/10/2024 | Pending sale | $390,000 |
Source: SBCMLS #25956 Report a problem | ||
| 10/14/2024 | Listed for sale | $390,000 |
Source: SBCMLS #25956 Report a problem | ||
| 7/10/2024 | Listing removed | $390,000 |
Source: SBCMLS #25281 Report a problem | ||
| 3/22/2024 | Price change | $390,000-8.2% |
Source: SBCMLS #25281 Report a problem | ||
| 1/9/2024 | Listed for sale | $425,000 |
Source: SBCMLS #25281 Report a problem | ||
| 1/8/2024 | Listing removed | $425,000 |
Source: SBCMLS #25108 Report a problem | ||
| 10/3/2023 | Listed for sale | $425,000 |
Source: SBCMLS #25108 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,712 +189.7% | $347,975 +204.4% |
| 2024 | $1,627 -23% | $114,315 |
| 2023 | $2,113 -8.2% | $114,315 |
| 2022 | $2,302 +6.3% | $114,315 +7.1% |
| 2021 | $2,165 -12.3% | $106,755 -8.2% |
| 2020 | $2,470 +30% | $116,255 +28.5% |
| 2018 | $1,900 +5.1% | $90,455 |
| 2017 | $1,809 +7.4% | $90,455 +12.1% |
| 2016 | $1,684 -5.7% | $80,660 |
| 2015 | $1,786 | $80,660 |
| 2014 | $1,786 +0.7% | $80,660 |
| 2013 | $1,773 +1.3% | $80,660 |
| 2009 | $1,750 | -- |
Find assessor info on the county website
Monthly payment
Est. payment

