Address
2500 J Street, Lincoln, NE
Price
$ 490,000
Property Attributes
  • ID#22622815
  • TypeMulti-Family
  • Listing Status ACTIVE
  • CountyLancaster
  • CityLincoln
  • AreaLancaster
  • NeighborhoodCentral Lincoln
  • Zip68510
  • Style
  • Year Built1958
  • Taxes$ 4692
  • Price$ 490,000
  • Bedrooms9
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size0.2439 Acres
Data Source:
Great Plains Regional MLS
Property Description

2500 J St is a 1958 five-plex in Lincoln, NE 68510, fully occupied. The two questions investors ask about a building this age are electrical & condition. Both are documented. A complete electrical modernization replaced fuse panels with individual apartment breaker boxes, added a separate house panel, expanded load for future dishwashers & kitchen upgrades, & relocated meters to LES requirements. Permitted, code-compliant & completed by a certified electrician. 4 two-bedroom units with large kitchens & dedicated garage stalls, one 1-bedroom, & off-street parking for every unit. Each apartment has a private back entry & stairs to a fenced yard on an 85x125 lot (10,625 sq/ft). Apartments separately metered. Water heaters 2020 or newer. Basement storage per tenant & a shared laundry area with tenant-owned machines. Recent work: interior paint, new common-area carpet, replaced concrete & updated landscaping. Minutes from downtown Lincoln, UNL & neighborhood retail. On a bus route.

Elementary School Middle School High School
Elliott Elementary School Park Middle School Lincoln High High School
Price History
8/10/2026 Listed $490,000

General Features

Sewer Public Sewer
Heating Natural Gas
Garage Spaces 4
Year Built 1958
Levels Two
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 Central Lincoln
Garage Y/N true
Total Rooms 8
Full Baths 5
Status ACTIVE
Directions Building sits at the corner of "J" Street and 25th Street.
ModificationTimestamp 2026-09-11T03:06:34.500Z
High School Lincoln High
City Lincoln
High School District Lincoln
Number Of Units Total 5
MLS Area Lancaster
Lot Size Units Square Feet
Lot Size Square Feet 10625
Carport Y/N false
Elementary School Elliott
Tax Annual Amount 4692
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 1450
Legal Description MUIRS ADDITION TO J O YOUNGS EAST LINCOLN, BLOCK 1, Lot 5 - 6, LLCN

Interior Features

Basement Walk-Out Access
Basement (Y/N) true
Heating Y/N true
Fireplace Y/N false
Total Bedrooms 9
LivingAreaSource Assessor
Total Baths 5

Exterior Features

Fencing Chain Link
Lot Features Up to 1/4 Acre.
Water Source Public
Total Parking 5
Lot Size Area 10625
Foundation Details Block
Lot Dimensions 85 x 125
Lot Size Acres 0.2439
Lot Size Source GIS Calculated
Covered Spaces 4

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
AVG $360K
$490K
Taxes
AVG $3,484
$4,692
Year Built
AVG 1941
1958