Address
825-827 S 40th Street, Lincoln, NE
Price
$ 298,000
Property Attributes
- ID#22609328
- TypeMulti-Family
- Listing Status ACTIVE
- CountyLancaster
- CityLincoln
- AreaLancaster
- NeighborhoodRiley & Whitneys Sub
- Zip68510
- Style
- Year Built1960
- Taxes$ 3283
- Price$ 298,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.1679 Acres
Data Source:
Great Plains Regional MLS
Property Description
Fully occupied all-brick duplex in a desirable central Lincoln location. Each unit offers 2 bedrooms, 1 bathroom, and a functional layout with a full basement, providing additional storage and potential for future finish. Property includes a detached garage. All-brick construction offers durability and low maintenance. Strong rental history with immediate income in place. Ideal for investors seeking a stable asset with upside potential and long-term appreciation. Current leases are month to month. Selling as-is.
| Elementary School | Middle School | High School |
|---|---|---|
| Randolph Elementary School | Lefler Middle School | Lincoln High High School |
| Price History | |
|---|---|
| 4/16/2026 | Listed $309,000 |
| 6/21/2026 | 4$298,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Cooling | Central Air |
| Garage Spaces | 2 |
| Construction Materials | Brick |
| Year Built | 1960 |
| Property Subtype | Multi Family |
| Tax Year | 2026 |
| Ownership | Fee Simple |
| County | Lancaster |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Riley & Whitneys Sub |
| Garage Y/N | true |
| Total Rooms | 4 |
| Status | ACTIVE |
| Directions | Use Gps. |
| ModificationTimestamp | 2026-07-21T21:05:40.200Z |
| High School | Lincoln High |
| City | Lincoln |
| High School District | Lincoln |
| Number Of Units Total | 2 |
| MLS Area | Lancaster |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 7315 |
| Carport Y/N | false |
| Elementary School | Randolph |
| Tax Annual Amount | 3283 |
| Middle/Junior High School | Lefler |
| Property Condition | Not New and NOT a Model |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Lincoln |
| Elementary School District | Lincoln |
| Legal Description | RILEY & WHITNEYS SUBDIVISION (OF E1/2 E1/2 NE SE 30-10-7), Lot 1, N55' S60' |
Interior Features
| Basement (Y/N) | true |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| LivingAreaSource | Assessor |
Exterior Features
| Fencing | None |
|---|---|
| Parking Features | Detached |
| Lot Features | Up to 1/4 Acre. |
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 7315 |
| Foundation Details | Block |
| Lot Dimensions | 133 x 55 |
| Lot Size Acres | 0.1679 |
| Lot Size Source | GIS Calculated |
| Covered Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 68510
Price
Taxes
Year Built
This data is from various Participants of the Great Plains REALTORS® Multiple Listing Service Inc Internet Data Exchange; is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; the listing broker is listed on each listing; the information is deemed reliable but not guaranteed, and is copyrighted ©2026 Great Plains REALTORS® Multiple Listing Service, Inc. Information is
