2406 J St Lincoln, NE 68510
Woods Park NeighborhoodEstimated payment $5,387/month
Highlights
- Corner Lot
- Window Unit Cooling System
- Forced Air Heating System
- No HOA
About This Home
Here is your opportunity to own an incredibly updated and income-producing mixed-use property in the heart of central Lincoln. 2406 J Street is a historic gem, recognized both locally and nationally — proudly listed on the Local Landmark list as well as the National Register of Historic Places. These prestigious designations offer significant tax advantages for future owners at both the state and federal levels. This stunning property is fully leased and currently boasts 100% occupancy in all three main-level commercial units, providing reliable cash flow from day one. The upper levels feature six beautifully maintained studio and one-bedroom residential units, offering a perfect mix of charm and modern comfort. Whether you're expanding your portfolio or looking for a unique property with long-term value and upside potential, 2406 J Street offers the best of historic character, modern updates, and prime location — all wrapped into one.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,546
Year Built
- Built in 1922
Lot Details
- 2,406 Sq Ft Lot
- Lot Dimensions are 125 x 19.25
- Corner Lot
Parking
- Off-Street Parking
Home Design
- Brick Foundation
- Block Foundation
- Composition Roof
Interior Spaces
- 3,286 Sq Ft Home
- 2-Story Property
- Basement
- Sump Pump
Schools
- Elliott Elementary School
- Lefler Middle School
- Lincoln High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heat Pump System
- Radiant Heating System
Community Details
- No Home Owners Association
- 3,286 Sq Ft Building
- Muirs Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 1025244007000
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,546 | $544,200 | $28,400 | $515,800 |
| 2023 | $8,963 | $534,800 | $28,400 | $506,400 |
| 2022 | $6,545 | $328,400 | $28,400 | $300,000 |
| 2021 | $6,192 | $328,400 | $28,400 | $300,000 |
| 2020 | $6,277 | $328,500 | $28,400 | $300,100 |
| 2019 | $5,083 | $266,000 | $25,200 | $240,800 |
| 2018 | $5,106 | $266,000 | $25,200 | $240,800 |
| 2017 | $4,936 | $254,800 | $22,100 | $232,700 |
| 2016 | $4,961 | $254,800 | $22,100 | $232,700 |
| 2015 | $4,927 | $254,800 | $22,100 | $232,700 |
| 2014 | $4,602 | $236,600 | $22,100 | $214,500 |
| 2013 | -- | $236,600 | $22,100 | $214,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Pending | -- | -- | -- |
| 04/24/2025 04/24/25 | For Sale | $875,000 | +74.5% | $266 / Sq Ft |
| 04/30/2021 04/30/21 | Sold | $501,500 | +11.4% | -- |
| 03/23/2021 03/23/21 | Pending | -- | -- | -- |
| 03/18/2021 03/18/21 | For Sale | $450,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $502,000 | Nebraska Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,220,525 | New Conventional | |
| Previous Owner | $375,000 | Future Advance Clause Open End Mortgage |
Source: Great Plains Regional MLS
MLS Number: 22510869
APN: 10-25-244-007-000
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