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1218 E Street

Lincoln, NE 68508
  • $925,000
  • STATUS: Active
  • MLS #: 22517235
UPDATED: 149 min ago
$925,000
  • 3
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1974
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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 unitabout half of which have been recently replacedoffering 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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Listing information © 2025 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Complete Real Estate Group | Nebraska Realty. Data last updated 2025-07-18T23:33:45.387.
www.completerealestatehomes.com/homes/165198379
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1218 E Street Lincoln, NE 68508

  • Price: $925,000
  • Status: Active
  • On Site: Days
  • Updated: 149 min ago
  • MLS #: 22517235
3
Beds
2
Baths
0
½ Baths
0.17
Acres
1974
Built
Neighborhood:
Lincoln Original
County:
Lancaster
Area:
Lancaster
Elementary School:
Everett
Middle School:
Park
High School:
Lincoln High
School District:
Lincoln
Property Description
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 unitabout half of which have been recently replacedoffering 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.
Exterior Features

Attached Garage YN No Carport YN No Covered Spaces 0 Fencing Partial Foundation Details Concrete Perimeter Garage YN No Lot Features Up to 1/4 Acre. Parking Features No Garage Parking Total 6 Roof Composition

Interior Features

Basement YN Yes Bathrooms Full 2 Fireplace YN No Heating ElectricForced Air Heating YN Yes

Property Features

Association YN No New Construction YN No Ownership Fee Simple Property Condition Not New and NOT a Model Property Sub Type Multi Family REO NO Sewer Public Sewer Tax Annual Amount 10031.66 Tax Year 2024 Total Actual Rent 1750 Water Source Public

Listing information © 2025 Great Plains Regional MLS.
Listing provided by Wyatt Simon of Realty ONE Group Sterling: .


Listing information © 2025 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Complete Real Estate Group | Nebraska Realty. Data last updated 2025-07-18T23:33:45.387.
 
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