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1218 E St, Lincoln, NE

Real Estate

For Sale

Listed price in listed location currency (USD).
$925,000

326
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $10,032
Days Active 115
Lot Size 
Approx. Age 1974
MLS® Number 22517235

Property Address: 1218 E St, Lincoln, NE, 68508-3588

Average square foot calculated using Size range provided by listing agent.

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 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.
MLS® Number22517235
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1664
Exterior
GarageNo
Approx. Age1974
Basement
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 23, 2025List Date
$925,000List Price
  • Commute

Commute

Starting Address
Destination Address
1218 E St, Lincoln, NE

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