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.
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
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#: 22503857

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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