$991,000
SOLD FEB 13, 2026

1218 3rd Ave Kearney, NE 68845

2 Beds
7 Baths
-- Sq Ft
0 Sq Ft Lot

Sale Details

Date Sold: February 13, 2026

4% Above List Price

6 Days on Market

Highlights

  • Raised Ranch Architecture
  • Open Floorplan
  • Carpet
  • 5 Car Detached Garage

About This Home

As of February 2026

Unit 9:$775, Unit 10: $750. 10 garages, owner has 1. 9 others are $60/month. Most apartments are leased until Mid 2026. Expenses are estimated. Lots of upgrades. Blinds stay, drapes do not. Agents: Look at associated docs for additional information.

Last Agent to Sell the Property

Tom McCarty

Coldwell Banker Town & Country License #0750075 Listed on: 12/29/2025

Coldwell Banker Town & Country

Last Buyer's Agent

Kelsey Janssen

Coldwell Banker Town & Country License #20120583

Coldwell Banker Town & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,353

Year Built

  • Built in 1976

Lot Details

  • 8,060 Sq Ft Lot

Parking

  • 5 Car Detached Garage

Home Design

  • Raised Ranch Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2 Bedrooms
  • 2-Story Property
  • Open Floorplan
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher

Community Details

  • Insurance Expense $9,000

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, garbage
  • Assessor Parcel Number 060313200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,353

Year Built

Built in 1976

Lot Details

8,060 Sq Ft Lot

Listing Details

  • Property Conditions: Very good
  • OFFICELIST_ADDRESS: 1218 3rd Avenue
  • For Sale By Owner: No
  • Geo Address Line: 1218 3rd Ave
  • Geo Primary City: Kearney
  • Geo Quality: 0.95
  • Geo Subdivision: NE
  • Restricted Covenant: Call Listing Office
  • Selling Agent1: 377
  • Selling Office1: 3
  • Building Style: Raised Ranch
  • Year Built: 1976
  • OCCUPANCY: Over 95% Occupancy
  • Safety Features: Smoke Detector
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: No
  • Lower Floor 1 Bedrooms: Two
  • Foreclosure: No
  • Basement Type: APARTMENT BLDG
  • Stories: Two
  • Unit Features: Carpet, Living/Dining Combination, Kitchen/Dining Comb.
  • Appliances: Refrigerator, Stove, Dishwasher
  • Basement Bathrooms: Seven Or More

Exterior Features

  • Exterior Construction: Frame
  • Roof: Asphalt

Garage/Parking

  • Garage Capacity: Five Or More
  • Garage Type: Detached
  • Parking: Off Street

Utilities

  • Utilities: Separate
  • Water and Sewer: City Water, City Sewer

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: $7353.64

Schools

  • School District: Kenwood

Lot Info

  • Lot Size: 21,000 sf
  • Parcel #: 060313200
  • Zoning: R-3
  • Lot Sq Ft: 8060 sf

Rental Info

  • Security Deposit: Yes
  • Utilities Paid By Owner: Water, Garbage
  • Utilities Paid By Tenant: Electricity

Tax Info

  • Tax Year: 2024

Multi Family

  • Income Rent: $94,860
  • Operating Expenses Insurance: $9000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2025
Closed on
Feb 10, 2026
Sold by
Gerdes Terry R and Gerdes Jane A
Bought by
Vandalay Industries Llc
Seller's Agent
Tom McCarty
Coldwell Banker Town & Country
Buyer's Agent
Kelsey Janssen
Coldwell Banker Town & Country
List Price
$950,000
Sold Price
$991,000
Premium/Discount to List
$41,000
4.32%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.32%
Original Mortgage
$982,512
Outstanding Balance
$982,512
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$51,512

Purchase Details

Closed on
Dec 10, 2025
Sold by
Gerdes Terry R and Gerdes Jane A
Bought by
2025 Terry And Jane Gerdes Charitable Remaind and Gerdes
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $991,000 Central Nebraska Title
Warranty Deed -- Simplifile (Recording Service)
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $982,512 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2026 02/13/26 Sold $991,000 +4.3% --
01/04/2026 01/04/26 Pending -- -- --
12/29/2025 12/29/25 For Sale $950,000 -- --
Source: REALTORS® of Greater Mid-Nebraska

Agents Affiliated with this Home

  • Tom McCarty

    Seller's Agent in 2026

    Tom McCarty

    Coldwell Banker Town & Country

    (800) 222-2162

    26 in this area

    28 Total Sales

    Tom McCarty
    Section Image

  • K

    Buyer's Agent in 2026

    Kelsey Janssen

    Coldwell Banker Town & Country

    (308) 293-5536

    88 in this area

    111 Total Sales

    Kelsey Janssen
    Section Image
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Map

Source: REALTORS® of Greater Mid-Nebraska

MLS Number: 20251667

APN: 603132000

Nebraska Buffalo County Kearney 68845

1218 3rd Ave, Kearney, NE

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