1218 E Street, Lincoln, NE 68508
Local realty services provided by:CENTURY 21 Century Real Estate
1218 E Street,Lincoln, NE 68508
$925,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: wyatt simon
Office: realty one group sterling
MLS#:22517235
Source:NE_OABR
Price summary
- Price:$925,000
About this home
Turnkey 12-Unit Investment Opportunity – Minutes from Downtown Lincoln! This fully occupied 12-unit building features 6 spacious 2 bed 1 bath units and 6 efficient 1 bed 1 bath units, all recently renovated and well maintained. Each unit includes its own furnace and A/C combo unit—about half of which have been recently replaced—offering independent climate control for tenants and streamlined maintenance for owners. Plenty of upside potential with room to raise rents (see pro forma). Gross Income $11.2k per month, exceeding the 1% Rule and the building is located just 5 minutes from vibrant downtown Lincoln, making it an ideal location for tenants and investors alike.
Contact an agent
Home facts
- Year built:1974
- Listing ID #:22517235
- Added:175 day(s) ago
- Updated:December 16, 2025 at 03:45 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Electric, Forced Air
Structure and exterior
- Roof:Composition
- Year built:1974
- Lot area:0.17 Acres
Schools
- High school:Lincoln High
- Middle school:Park
- Elementary school:Everett
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$925,000
- Tax amount:$10,031 (2024)
New listings near 1218 E Street
- Open Sun, 1 to 2pmNew
$495,000Active4 beds 3 baths2,446 sq. ft.8759 S 80th Street, Lincoln, NE 68516
MLS# 22534998Listed by: REMAX CONCEPTS - New
$216,000Active2 beds 2 baths1,188 sq. ft.1300 Nelson Street, Lincoln, NE 68521
MLS# 22534989Listed by: HOME REAL ESTATE - New
$554,900Active5 beds 3 baths2,710 sq. ft.3009 Bertram Street, Roca, NE 68430
MLS# 22534981Listed by: LOCATION REAL ESTATE - New
$744,900Active5 beds 3 baths2,799 sq. ft.2115 SW 50th Street, Lincoln, NE 68516
MLS# 22534982Listed by: LOCATION REAL ESTATE - New
$349,900Active3 beds 3 baths2,101 sq. ft.3709 Briarwood Avenue, Lincoln, NE 68516
MLS# 22534985Listed by: HOME REAL ESTATE - New
$349,900Active4 beds 2 baths1,186 sq. ft.4301 Mohawk Street, Lincoln, NE 68510
MLS# 22534964Listed by: BANCWISE REALTY - New
$269,900Active2 beds 2 baths1,518 sq. ft.1721 W Washington Street, Lincoln, NE 68522
MLS# 22534966Listed by: BANCWISE REALTY - New
$635,000Active2 beds 2 baths1,205 sq. ft.128 N 13th Street #1010, Lincoln, NE 68508
MLS# 22534953Listed by: COLDWELL BANKER NHS R E - New
$265,000Active3 beds 2 baths1,734 sq. ft.928 Clark Street, Lincoln, NE 68510
MLS# 22534957Listed by: SIMPLICITY REAL ESTATE - New
$365,000Active4 beds 3 baths2,084 sq. ft.6700 S Bermuda Drive, Lincoln, NE 68506
MLS# 22534862Listed by: COLDWELL BANKER NHS R E