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Quadplex Near Campus
For Sale
$179,900

1931 5th Ave, Kearney, NE 68845

Four residential units have occupancy near full, with a history of professional management.

Property SizeContact for details
Days on Market25

Property Features for 1931 5th Ave

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $2,150
Listing Agency: C21 Midlands
Listed By: Brandon Benitz · License #1696
Source: Exprealty
Added: Sep 25 Changed: Oct 19 Last Checked: Oct 19 at 2:24PM

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 C21 Midlands

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Investment Insights

Based on property information with market context.

This four-unit residential property was created by converting a duplex. It has been managed for years by Century 21 Property Management, which can provide records covering financials, repairs, and capital expenditures.

The property is near the UNK campus and has occupancy close to 100%. Its stated cap rate is above 11%, with a pro forma cap rate above 13%.

Key Highlights

  • Four‑unit property converted from a duplex
  • Near the UNK campus
  • Occupancy rate near 100%

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,087
Businesses Nearby

Demographics for 68845, NE

20,304
Population
9,057
Households
2.2
Avg Household Size
33
Median Age
41%
College-Educated
94%
High-School Grad
123.7 sq mi
ZIP Area
164
Density / Sq Mi
$75,350
Median Household Income
$39,232
Median Earnings
$896
Median Rent
$274,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units have occupancy near full, with a history of professional management.
Where is this quadplex located?
The property is located at 1931 5th Ave Kearney, NE.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Four‑unit property converted from a duplex; Near the UNK campus; Occupancy rate near 100%
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