Address
917 Washington Street, Lincoln, NE
Price
$ 599,000
Property Attributes
  • ID#22613934
  • TypeMulti-Family
  • Listing Status ACTIVE
  • CountyLancaster
  • CityLincoln
  • AreaLancaster
  • NeighborhoodSOUTH LINCOLN
  • Zip68502
  • Style
  • Year Built1972
  • Taxes$ 6715
  • Price$ 599,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.163 Acres
Data Source:
Great Plains Regional MLS
Property Description

Excellent investment opportunity! This fully rented 7-plex offers strong cash flow potential with tenants paying their own gas and electric. Property features 5 off-street parking spaces plus 3 single-stall garages that generate additional rental income. Coin-operated laundry provides even more supplemental income. Numerous updates include a new roof in 2021, water heater installed in August 2022, freshly painted common areas in 2026, newer flooring in the lower commons area, and gutter guards. Units 3-6 each feature private balconies. Most units have been updated during ownership with laminate flooring, carpet, and paint. Secure building with great income-producing amenities and solid rental history. A well-maintained multi-family property ready for its next owner!

Elementary School Middle School High School
Everett Elementary School Park Middle School Lincoln High High School
Price History
5/19/2026 Listed $625,000
8/17/2026 2$609,900
9/19/2026 2$599,000

General Features

Sewer Public Sewer
Heating Natural Gas
Garage Spaces 3
Year Built 1972
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 SOUTH LINCOLN
Garage Y/N true
Status ACTIVE
ModificationTimestamp 2026-09-19T19:16:13.300Z
High School Lincoln High
City Lincoln
High School District Lincoln
MLS Area Lancaster
Lot Size Units Square Feet
Lot Size Square Feet 7100
Carport Y/N false
Elementary School Everett
Tax Annual Amount 6715.08
Middle/Junior High School Park
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 SOUTH LINCOLN, BLOCK 16, LOT 4

Interior Features

Basement (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 5
Lot Size Area 7100
Foundation Details Block
Lot Dimensions 50 x 142
Lot Size Acres 0.163
Lot Size Source Other
Covered Spaces 3

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 68502

Price
AVG $510K
$600K
Taxes
AVG $4,326
$6,715
Year Built
AVG 1936
1972