1409/1411 E street is a spacious 2 story, side by side duplex with instant cash flow located in the heart of Lincoln. If you are looking to add an income producing property to your portfolio, don't miss out on this. The Seller is offering a 1 year home warranty PLUS $4,000 towards buyers closing costs! Each unit has a seperate entrance as well as utilities, high efficiency furnace, hardwood flooring, with ample parking and alley access. 1409 E is currently rented as a 4 bed, 2 bath with recent updates, formal dining, and is leased for $1850/month. 1411 E street is currently rented as a 5 bed, 2 bath that has also been recently updated, and is leased for $2,050/month with a combined monthly income of nearly $4,000! The unfinished basement in each unit has an existing egress window and all of the appliances are included. Don't miss your chance for the perfect portfolio addition that exceeds the traditional "1% investing rule" Call today to schedule a tour.
For sale
$369,000
1411 E St, Lincoln, NE 68508
6beds
--sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$347,700 Zestimate®
$--/sqft
$-- HOA
What's special
Seperate entranceUnfinished basementHigh efficiency furnaceAmple parkingAlley accessExisting egress windowFormal dining
- 16 days
- on Zillow |
- 293 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: June 08, 2025 at 11:04pm
Listed by:
Jamie Bowers 402-840-8645,
Keller Williams Lincoln
Source: GPRMLS,MLS#: 22515173

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- Partial bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
- Laundry: Common Area
Features
- High Ceilings
- Has basement: Yes
- Number of fireplaces: 1
Property
Parking
- Total spaces: 10
- Parking features: No Garage, Off Street
- Has garage: Yes
- Covered spaces: 10
Features
- Levels: Two
- Patio & porch: Porch
- Fencing: None
Lot
- Size: 7,000.09 Square Feet
- Dimensions: 50 x 140
- Features: Up to 1/4 Acre., Alley, Level
Details
- Parcel number: 1025311020000
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: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Near South
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Annual tax amount: $3,526
- Date on market: 6/4/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 3900
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