Address
1640 S 21st Street, Lincoln, NE
Price
$ 249,900
Property Attributes
  • ID#22623382
  • TypeMulti-Family
  • Listing Status ACTIVE
  • CountyLancaster
  • CityLincoln
  • AreaLancaster
  • NeighborhoodNear South
  • Zip68502
  • Style
  • Year Built1905
  • Taxes$ 2871
  • Price$ 249,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.1641 Acres
Data Source:
Great Plains Regional MLS
Property Description

Beautiful multi-unit conversion with strong income potential! Property features 2 units with opportunity to add a 3rd unit in the basement. Unit 1 (Main + Basement): 2 legal bedrooms + 1 non-conforming bedroom, 3 bathroom areas, and 2 kitchen spaces. Unit 2 (Upper Level): 3 rooms with abundant natural light. Home offers a newer roof, several updated windows, and a well-maintained yard. Interior features include original woodwork along with updated kitchen and bathroom finishes in Unit 1. Property is currently tenant occupied. Great opportunity for investors or owner-occupants seeking a versatile property with additional value-add potential.

Elementary School Middle School High School
Prescott Elementary School Irving Middle School Lincoln High High School
Price History
8/14/2026 Listed $249,900

General Features

Sewer Public Sewer
Heating Natural Gas
Year Built 1905
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 Near South
Status ACTIVE
Directions gps
ModificationTimestamp 2026-09-16T17:23:55.000Z
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 7150
Carport Y/N false
Elementary School Prescott
Tax Annual Amount 2871
Middle/Junior High School Irving
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 Pleasant Hill Subdivision, Block 11,Lot 9

Interior Features

Basement (Y/N) true
Heating Y/N true
Fireplace Y/N false
LivingAreaSource Assessor

Exterior Features

Fencing Full
Lot Features Up to 1/4 Acre.
Water Source Public
Total Parking 4
Lot Size Area 7150
Foundation Details Block
Lot Dimensions 143 x 50
Lot Size Acres 0.1641
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 68502

Price
AVG $510K
$250K
Taxes
AVG $4,326
$2,871
Year Built
AVG 1936
1905