Skip main navigation
For sale
  • $925,000

    1218 E St, Lincoln, NE 68508

    3beds
    --sqft
    : 
    Multi Family
    Built in 1974
    -- sqft lot
    $873,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Streamlined maintenanceIndependent climate control
    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.
    5 days
    on Zillow
    |
    252
    |
    17
    |

    Zillow last checked: 7 hours ago

    Listing updated: 23 hours ago

    Listed by:

    Wyatt Simon 402-940-8484,

    Realty ONE Group Sterling

    Source: GPRMLS,MLS#: 22517235MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1218 E St.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Forced Air
    Features
    • Has basement: Yes
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 6
    • Parking features: No Garage
    • Covered spaces: 6
    Features
    • Fencing: Partial
    Lot
    • Size: 7,248.38 Square Feet
    • Dimensions: 143.5 x 50.5
    • Features: Up to 1/4 Acre.
    Details
    • Parcel number: 1026411011000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Not New and NOT a Model
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: LINCOLN ORIGINAL
    HOA
    • Has HOA: No
    Location
    • Region: Lincoln

    Financial & listing details

    • Annual tax amount: $10,031
    • Date on market: 6/23/2025
    • Ownership: Fee Simple
    • Total actual rent: 1750
    • Loading
    • Loading