Price reduction and a new Class III roof! 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.
For sale
Price cut: $50.1K (8/6)
$399,900
823 W 22nd St, Kearney, NE 68845
12beds
8baths
--sqft
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 291 days
- 403
- 14
Zillow last checked:
Listing updated:
Listed by:
Drew Zaruba,
C21 Midlands
Source: REALTORS of Greater Mid-Nebraska MLS,MLS#: 20251525
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Common Heat
Cooling
- Common Air Conditioner
Appliances
- Included: Applies To All, Refrigerator, Stove
Features
- Private Bath
- Flooring: Carpet
- Windows: Drapes
- Has basement: No
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.26 Acres
Details
- Parcel number: 601363000
- Zoning: R-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: NE
Location
- Region: Kearney
Financial & listing details
- Tax assessed value: $268,810
- Annual tax amount: $3,376
- Price range: $399.9K - $399.9K
- Date on market: 11/18/2025
- Cumulative days on market: 292 days
- Total actual rent: 6350
Estimated market value
Not available
Estimated sales range
Not available
$1,200/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $399,900-11.1% |
Source: REALTORS of Greater Mid-Nebraska MLS #20251525 Report a problem | ||
| 4/29/2026 | Price change | $450,000-9.8% |
Source: REALTORS of Greater Mid-Nebraska MLS #20251525 Report a problem | ||
| 1/30/2026 | Price change | $499,000-5% |
Source: REALTORS of Greater Mid-Nebraska MLS #20251525 Report a problem | ||
| 11/18/2025 | Listed for sale | $525,000 |
Source: REALTORS of Greater Mid-Nebraska MLS #20251525 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,469 +2.5% | $268,810 +5.7% |
| 2024 | $4,359 +8.8% | $254,280 +8% |
| 2023 | $4,007 +1.8% | $235,445 +5% |
| 2022 | $3,935 +1.8% | $224,245 |
| 2021 | $3,868 -5% | $224,245 +0.9% |
| 2020 | $4,070 -16.7% | $222,155 -17.5% |
| 2018 | $4,884 +9.5% | $269,430 +8.9% |
| 2017 | $4,459 +5.1% | $247,380 +0% |
| 2016 | $4,242 +0.8% | $247,355 +46.4% |
| 2015 | $4,206 +43.1% | $169,000 -0.8% |
| 2014 | $2,940 | $170,355 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 68845
Nearby schools
Schools provided by the listing agent
- District: Kearney 7
Source: REALTORS of Greater Mid-Nebraska MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
