Address
1640 S 21st Street, Lincoln, NE
Price
$ 249,900
Property Attributes
  • ID#22623699
  • TypeMulti-Family
  • Listing Status ACTIVE
  • CountyLancaster
  • CityLincoln
  • AreaLancaster
  • NeighborhoodNear South
  • Zip68502
  • Style
  • Year Built1905
  • Taxes$ 2871
  • Price$ 249,900
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2576
  • Lot Size0.164 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
8/18/2026 Listed $249,900

General Features

Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Patio/Porch Features Porch
Year Built 1905
Levels Two
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Lancaster
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Near South
Full Baths 3
Status ACTIVE
Directions gps
ModificationTimestamp 2026-09-16T17:24:37.400Z
High School Lincoln High
City Lincoln
Senior Community Y/N false
High School District Lincoln Public Schools
MLS Area Lancaster
Lot Size Units Square Feet
Carport Y/N false
Elementary School Prescott
Tax Annual Amount 2871.92
Middle/Junior High School Irving
Property Condition Not New and NOT a Model
Building Area Units Square Feet
Primary Bedroom Level Main Floor
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Lincoln Public Schools
Elementary School District Lincoln Public Schools
Legal Description Pleasant Hill Subdivision, Block 11,Lot 9

Interior Features

Basement Full
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1976
Half Baths 1
Total Bedrooms 5
Below Grade Finished Area 600
Main Level Bathrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
RoomBasementArea 988
Bedroom 5 Level 2nd Floor
Bedroom 4 Level 2nd Floor
Bedroom 3 Level 2nd Floor
Second Bedroom Level Main Floor

Exterior Features

Exterior Amenities Other
Fencing Full
Lot Features Up to 1/4 Acre.
Water Source Public
Foundation Details Block
Building Area Total 2576
Lot Dimensions 143 x 50
Lot Size Acres 0.164
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