Charming 7-Unit Multifamily
14220 Kenilworth Street Waverly, NE 68426
For Sale
$530,000
Seven uniquely sized units include four ground-level and three second-floor residences.
Days on Market260
Property Features for 14220 Kenilworth Street
General Information
Standard status
Active
Property subtype
Multi Family Home
Building Details
Year Built
1912
Listing Agency:
Platinum Realty LLC
(402) 850-7713
Listed By:
Chrissy Bushnell
(402) 850-7713
Source:
Burrowstracts
Added: Nov 11, 2025
Changed: Jul 27
Last Checked: Jul 28 at 5:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Platinum Realty LLC
Investment Insights
Based on property information with market context.
This charming seven-unit multifamily property features four ground level units and three second-floor units, each described as unique and ranging from 510 to 1,310 square feet. The units are separately metered on separate utilities, and many units include their own laundry.
The property is located in Waverly, Nebraska.
With a mix of ground floor and second-floor layouts and separate utilities throughout, the building is configured to support individual unit operations.
The property is located in Waverly, Nebraska.
With a mix of ground floor and second-floor layouts and separate utilities throughout, the building is configured to support individual unit operations.
Key Highlights
- 7‑unit multi‑family building built in 1912
- Unit mix includes four ground‑level units and three second‑floor units
- Unit sizes range from 510 SF to 1310 SF, with each unit described as unique
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.5k | $16.20 |
| − Vacancy | −$4.2k | −$0.81 |
| EGI | $79.3k | $15.39 |
| − OpEx | −$35.7k | −$6.93 |
| NOI | $43.6k | $8.46 |
5,154 SF · lease $16.20/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$623.2K
$545.3K – $727.1K
NOI $43,626 @ 7.0% cap · market cap 8.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.11M – $1.47M
NOI $88,448 @ 7.0% cap · market cap 16.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Seven uniquely sized units include four ground-level and three second-floor residences.
Where is this apartment building located?
The property is located at 14220 Kenilworth Street Waverly, NE.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 7‑unit multi‑family building built in 1912; Unit mix includes four ground‑level units and three second‑floor units; Unit sizes range from 510 SF to 1310 SF, with each unit described as unique
