1715 Avenue K, Kearney, NE 68847

Property Description

Duplex offering a solid investment opportunity with two separately configured units and recent updates. The main-floor unit, 1715 Ave K, features 3 bedrooms and 1 bathroom with an open layout, natural light, and washer/dryer hookups. Current rent is $1,200 per month, with the tenant providing lawn care. The unit includes a stove. The lower-level unit, 1717 Ave K, offers 2 bedrooms and 1 bathroom, along with an additional flexible room suitable for storage, office, or recreational use. The unit includes a stove, refrigerator, and dishwasher and has washer/dryer hookups. Current rent is $900 per month and a security deposit is in place. Both units have updated kitchens, and both furnaces and air conditioning systems were replaced in 2023. The foundation and basement apartment were added in 2007, with updated flooring in the lower-level unit in 2022. A new lift station was installed in summer 2026, and the roof was replaced in 2017. The property sits on a spacious lot and provides established rental income with potential for future improvements. Seller is offering a $2,500 closing credit to the buyer, which may be used toward flooring in the main-floor unit or other allowable buyer expenses. Current tenants are month-to-month. 24-hour notice required for showings.