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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.

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Home facts

  • Year built:1974
  • Listing ID #:22517235
  • Added:178 day(s) ago
  • Updated:December 17, 2025 at 06:56 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)

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