Listing provided courtesy of HOME Real Estate of Kearney- MLS# 20260824MLS Provider

71-78 VILLA DRIVEKEARNEY, NE 68845

Multi-Family · 11,482 Sq. ft.
$2,196,000 PENDING

71-78 VILLA DRIVE Overview

Time on Site:
25 days
Visits:
1

18 UNIT APARTMENT BUILDING. 15 UNITS ARE 2 BEDROOM W/1 BATH AND 3 UNITS ARE ONE BEDROOM W/1 BATHROOM. THE TWO-BEDROOM UNITS RENT FOR $925-$1000 AND THE ONE BED-ROOM UNITS RENT FOR $750. OVER 95% OCCUPANCY. THE COIN OPERTATED LAUNDRY APPLIANCES CONSISTS OF 3-CLOTHES WASHER AND 3- CLOTHES DRYERS. INCOME AND EXPENSE NUMBERS FOR THE YEAR 2025 ARE INCLUDED IN THE ASSOCIATED DOCUMENTS. OCTOBER 2020, FISHER ROOFING RE-ROOFED THE TOP W/CERTAINTEED LANDMARK 30 YEAR WARRANTY SHINGLES. ***SELLER ALLOWS A FAMILY MEMBER TO LIVE IN ONE OF THE APARTMENTS. THEREFORE, INCOME SHOULD BE INCREASED BY $11,000. BRINGING THE INCOME TOTAL TO $189,842.84 FOR THE YEAR 2025. ROOM SIZES OF THE TWO BEDROOM UNITS: KITCHEN/DINING - 11' X 12' BEDROOM 1 - 13' X 14'-6 BEDROOM 2 - 11' X 11-2 LIVING ROOM - 12'-6 X 15'

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71-78 VILLA DRIVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 11,482
  • Price/Sq.ft. $191

Details

General

Income/Expenses

  • Electric Expense: 2574
  • Gross Income: 182593
  • Insurance Expense: 21000
  • Maintenance Expense: 27987

Building Information

  • Year Built: 1974

Location/Region

  • MLS Area Major: 4 - SW in town Kearney (S of 25th St & W of 2nd Ave)

Tax Information

  • Tax Annual Amount: 13330.26
  • Tax Year: 2025

General Information

  • Parcel Number: 603564000
  • Property Sub Type: APARTMENT BLDG
  • Property Type: MULTI-FAMILY

Interior

Parking Information

  • Garage Spaces: None

Beds/Baths

  • Bedrooms Total: Two

General Information

  • Appliances: Applies To All,Refrigerator,Stove,Dishwasher,Common Outside Entry,Private Bath
  • Basement: Yes
  • Living Area: 11482
  • Stories Total: Two

Exterior

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Frame,Brick
  • Roof: Asphalt

General Information

  • Utilities: Separate

71-78 VILLA DRIVE Neighborhood

Community

68845 (KEARNEY) Demographics

30
Median Age
199
Population Density (per sq. mile)
48%
College Educated
$68,372
Estimated Median Income
4,948
Estimated Total Home Owners
3,463
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

71-78 VILLA DRIVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

71-78 VILLA DRIVE Market Data

Based on the last 30 days in this zip code

$530,800
Average List Price
$180
Average Price per Square Foot
16
Properties Sold
65
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network

71-78 VILLA DRIVE History

Date Event Value Agent
6/25/2026Source: Greater Mid-Nebraska MLS Status Change
PENDING
6/4/2026Source: Greater Mid-Nebraska MLS Added to Database
June 04, 2026