Address
1328 E Street, Lincoln, NE
Price
$ 1,650,000
Property Attributes
  • ID#22621411
  • TypeMulti-Family
  • Listing Status ACTIVE
  • CountyLancaster
  • CityLincoln
  • AreaLancaster
  • NeighborhoodORIGINAL LINCOLN
  • Zip68508
  • Style
  • Year Built1964
  • Taxes$ 15955
  • Price$ 1,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Great Plains Regional MLS
Property Description

Incredibly well built 29 plex. All 1 bedroom and 1 bathroom units. All are currently leased except one and bringing in over $17,000 per month. Opportunity for rental increases and revenue increases with 12 parking spots in back and coin operated laundry. Super solid concrete block walls in between the units for safety and privacy. This is built like a fortress! Recent updates totaling over $100,000 include new exterior stairs, retaining wall and some updated electrical. It also has a newer roof! Buildings are connected and sell as a package. Address 1328 E consists of 14 units and 1336 E consists of 15 units. New water heater in September 2026. One utility bill for tenants - just electricity. Owner pays for gas for the hot water heaters, house electric and garbage.

Elementary School Middle School High School
Mcphee Elementary School Park Middle School Lincoln High High School
Price History
7/27/2026 Listed $1,650,000

General Features

Sewer Public Sewer
Heating Electric
Year Built 1964
Property Subtype Multi Family
Tax Year 2025
Ownership Fee Simple
County Lancaster
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name ORIGINAL LINCOLN
Garage Y/N false
Status ACTIVE
ModificationTimestamp 2026-09-03T15:23:54.200Z
High School Lincoln High
City Lincoln
High School District Lincoln
Number Of Units Total 29
MLS Area Lancaster
Carport Y/N false
Elementary School Mcphee
Tax Annual Amount 15955.1
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 LINCOLN ORIGINAL, BLOCK 180, Lot 10 - 11

Interior Features

Basement Walk-Out Access
Basement (Y/N) true
Heating Y/N true
Fireplace Y/N false
LivingAreaSource Assessor

Exterior Features

Fencing None
Lot Features Over 1/4 up to 1/2 Acre
Water Source Public
Total Parking 12
Foundation Details Block
Lot Dimensions 100 x 143 x 100 x 144
Lot Size Source GIS Calculated

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 68508

Price
AVG $800K
$1.65M
Taxes
AVG $7,571
$15,955
Year Built
AVG 1940
1964