Address
421 Capitol Beach Boulevard, Lincoln, NE
Price
$ 1,195,000
Property Attributes
- ID#22615773
- TypeMulti-Family
- Listing Status ACTIVE
- CountyLancaster
- CityLincoln
- AreaLancaster
- NeighborhoodLakeview Acres
- Zip68528
- Style
- Year Built1974
- Taxes$ 11600
- Price$ 1,195,000
- Bedrooms18
- Full Bathrooms13
- Half Bathrooms0
- Sqr Footage1675
- Lot Size0.4421 Acres
Data Source:
Great Plains Regional MLS
Property Description
13-unit value-add multifamily investment opportunity near Capitol Beach and downtown Lincoln. Unit mix consists of six 1-bedroom units, six 2-bedroom units, and one efficiency unit. Three vacant units provide immediate lease-up opportunity and upside potential. All units are all-electric with tenants responsible for electric service. Ownership pays water, sewer, and trash. Features include 22 off-street parking spaces, on-site laundry, storage units, slab-on-grade construction, and six zero-entry units. Majority month-to-month leases provide flexibility for repositioning rents to market levels. A landlord-managed Allo Internet program is in place and provides additional owner income. Offered at $1,295,000.
| Elementary School | Middle School | High School |
|---|---|---|
| Lakeview Elementary School | Park Middle School | Northwest High School |
| Price History | |
|---|---|
| 6/5/2026 | Listed $1,295,000 |
| 9/3/2026 | 8$1,195,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Appliances | Range |
| Construction Materials | Brick/Other |
| Year Built | 1974 |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Accessibility | Exterior Accessible |
| County | Lancaster |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Lakeview Acres |
| Garage Y/N | true |
| Full Baths | 13 |
| Status | ACTIVE |
| Directions | From West O Street, north on Capitol Beach Blvd to property. |
| ModificationTimestamp | 2026-09-03T16:50:24.500Z |
| High School | Northwest |
| City | Lincoln |
| High School District | Lincoln |
| Number Of Units Total | 13 |
| MLS Area | Lancaster |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 19260 |
| Carport Y/N | false |
| Elementary School | Lakeview |
| Tax Annual Amount | 11600 |
| 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 |
| Total Actual Rent | 2400 |
| Legal Description | WOODS BROS LAKEVIEW ACRES, BLOCK 1, Lot 1 |
Interior Features
| Interior Amenities | Zero Step Entry |
|---|---|
| Basement | None |
| Basement (Y/N) | false |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Laundry Features | Laundry Facilities |
| Total Bedrooms | 18 |
| LivingAreaSource | Assessor |
| Total Baths | 13 |
Exterior Features
| Exterior Amenities | Zero Step Entry |
|---|---|
| Fencing | None |
| Parking Features | No Garage |
| Lot Features | Over 1/4 up to 1/2 Acre |
| Water Source | Public |
| Total Parking | 22 |
| Lot Size Area | 19260 |
| Foundation Details | Slab |
| Building Area Total | 1675 |
| Lot Dimensions | 19,260 SF1 |
| Lot Size Acres | 0.4421 |
| Lot Size Source | Assessor |
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 68528
Price
Taxes
Year Built
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