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Sold for $460,000 on 04/30/25
  • $460,000

    1620 Prospect St, Lincoln, NE 68502

    6beds
    --sqft
    Multi Family
    Built in 1990
    -- sqft lot
    $460,400 Zestimate®
    $--/sqft
    $1,438 Estimated rent

    What's special

    Showings will be held: Tuesday 2/18 12pm-1pm and Wednesday 2/19 12pm-1pm. 1990 Built 4plex perfect for house-hacking or investing. Potential Rents to $4800 per month beating the 1% rule! Featuring four spacious units, each with 3 bedrooms and 1.5 bathrooms. Two of the units have been beautifully remodeled with modern upgrades, including new flooring, fresh paint, updated kitchens, and stylish bathrooms, while the other two units remain well-kept and ready for tenants. Three out of four units currently tenant occupied. With strong rental income potential, this property is ideal for investors or owner-occupants looking to generate steady cash flow. Additional features include ample parking and a convenient location near shopping, schools, and public transportation.

    Zillow last checked: 7 hours ago

    Listing updated: April 30, 2025 at 10:42am

    Listed by:

    Wyatt Simon 402-940-8484,

    Realty ONE Group Sterling

    Bought with:

    Deonne Herman, 800142

    HOME Real Estate

    Source: GPRMLS,MLS#: 22503857MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 2
    • Partial bathrooms: 2
    Heating
    • Electric, Forced Air
    Features
    • Basement: None
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 4
    • Parking features: No Garage
    • Covered spaces: 4
    Features
    • Fencing: None
    Lot
    • Size: 7,200 sqft
    • Dimensions: 144 x 50
    • Features: Up to 1/4 Acre.
    Details
    • Parcel number: 1036117008000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Slab
    Condition
    • Not New and NOT a Model
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lincoln
    • Subdivision: BURRS

    HOA & financial

    Other financial information
    • Total actual rent: 2400

    Other

    Other facts
    • Ownership: Fee Simple
    Services availability
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