$549,900
PENDING

Estimated payment $3,510/month

Total Views 3,562
6 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Laundry Facilities
  • Heating Available
  • Cooling Available

About This Home

Turnkey 6-Plex Investment Opportunity – Strong Cash Flow & Recent Updates! This well-maintained 6-unit multifamily property features all 1-bedroom, 1-bathroom units with individual living spaces—ideal for attracting long-term tenants in today’s rental market. With a current total monthly rent of $4,515 plus an additional $150–$200/month in laundry income, the property generates a strong annual income between $55,980 and $56,580. Units #2, #5, and #6 have been recently updated, offering a mix of modern finishes and consistent rental performance. Unit #5 has undergone an extensive remodel, making it a standout unit within the property. Unit #6 was upgraded with a new mini-split system installed on March 1, 2025, providing efficient heating and cooling. Allo Fiber internet has been run to the building and on-site laundry provides extra income and convenience for tenants. This property is a solid investment opportunity for both seasoned and new investors, with immediate cash flow.

Listing Agent

Ryan Pierce

SimpliCity Real Estate License #20150020 Listed on: 05/02/2025

Co-Listing Agent

Joe Kubick

SimpliCity Real Estate License #20150232

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,853

Year Built

  • Built in 1966

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50 x 142

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • 10 Parking Spaces
  • No Garage

Schools

  • Everett Elementary School
  • Park Middle School
  • Lincoln High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Oven or Range
  • Walk-Out Basement

Listing and Financial Details

  • Assessor Parcel Number 1026429006000
  • Tax Block 220

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Original Lincoln Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,853

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Parcel Number: 1026429006000
  • Property Sub Type: Multi Family
  • Year Built: 1966
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.163
  • Lot Size: 50 x 142
  • Co List Office Mls Id: LSIMP01
  • Ownership: Fee Simple
  • Subdivision Name: ORIGINAL LINCOLN
  • Directions: Use GPS
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Appliances: Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace: No

Exterior Features

  • Foundation Details: Block
  • Fencing: None
  • Construction Type: Brick/Other, Frame
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 10

Utilities

  • Cooling: Other
  • Laundry Features: Laundry Facilities
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln High
  • Elementary School: Everett
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Park

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 7100

Green Features

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5853.42
  • Tax Block: 220

Multi Family

  • Number Of Units Total: 6
  • Total Actual Rent: 4515

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,656 $327,500 $45,000 $282,500
2023 $4,669 $278,600 $45,000 $233,600
2022 $5,052 $253,500 $45,000 $208,500
2021 $4,276 $226,800 $45,000 $181,800
2020 $3,248 $170,000 $45,000 $125,000
2019 $3,249 $170,000 $45,000 $125,000
2018 $3,263 $170,000 $45,000 $125,000
2017 $2,981 $153,900 $45,000 $108,900
2016 $2,997 $153,900 $45,000 $108,900
2015 $2,976 $153,900 $45,000 $108,900
2014 $3,028 $155,700 $32,400 $123,300
2013 -- $155,700 $32,400 $123,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $549,900 +35.8% --
10/12/2023 10/12/23 Sold $405,000 -3.5% $108 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $419,900 +52.7% $112 / Sq Ft
08/31/2018 08/31/18 Sold $275,000 -1.8% $65 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $280,000 -- $66 / Sq Ft
Source: Great Plains Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $405,000 None Listed On Document
Warranty Deed $324,000 Charter Title & Escrow Servi
Warranty Deed $275,000 Nebraska Land Title & Abstra
Warranty Deed $11,555 Nebraska Title Co
Warranty Deed $153,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,000 New Conventional
Previous Owner $259,200 Credit Line Revolving
Previous Owner $192,500 Commercial
Previous Owner $153,000 Commercial
Source: Public Records

Similar Home in Lincoln, NE

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    Section Image

Source: Great Plains Regional MLS

MLS Number: 22511735

Great Plains Regional MLS

APN: 10-26-429-006-000