Address
520 S 27 Street, Lincoln, NE
Price
$ 700,000
Property Attributes
  • ID#22627440
  • TypeMulti-Family
  • Listing Status NEW
  • CountyLancaster
  • CityLincoln
  • AreaLancaster
  • NeighborhoodElm Park
  • Zip68510
  • Style
  • Year Built1974
  • Taxes$ 3052
  • Price$ 700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4368
  • Lot Size0.1435 Acres
Data Source:
Great Plains Regional MLS
Property Description

This building has been completely gutted and remodeled, offering a turnkey investment with updated interiors throughout. Each of the six identical units features 728 sq ft with 1 bedroom, 1 full bath, and a walk-in closet. Abundant natural light fills every unit, creating bright, inviting spaces tenants will love. Parking is plentiful on the private concrete pad off the alley, a big plus for renters. The mostly brick exterior and minimal yard keep maintenance low, making this an easy property to own and manage. Its convenient central Lincoln location adds to its rental appeal. Whether you're growing your portfolio or buying your first multifamily property, this move-in-ready 6-plex is a rare opportunity. Schedule your showing today!

Elementary School Middle School High School
Elliott Elementary School Lefler Middle School Lincoln High High School
Price History
9/23/2026 Listed $700,000

General Features

Sewer Public Sewer
Heating Natural Gas
Roof Composition
Construction Materials Masonite
Year Built 1974
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 Elm Park
Status NEW
Directions Consult GPS (access parking through alley)
ModificationTimestamp 2026-09-23T15:45:38.200Z
High School Lincoln High
City Lincoln
High School District Lincoln
Number Of Units Total 6
MLS Area Lancaster
Lot Size Units Square Feet
Lot Size Square Feet 6250
Carport Y/N false
Elementary School Elliott
Tax Annual Amount 3052
Middle/Junior High School Lefler
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 850
Legal Description ELM PARK, BLOCK 3, Lot 16, EX ST

Interior Features

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

Exterior Features

Fencing Partial
Lot Features Up to 1/4 Acre.
Water Source Public
Total Parking 6
Lot Size Area 6250
Foundation Details Concrete Perimeter
Building Area Total 4368
Lot Dimensions 125 x 50
Lot Size Acres 0.1435
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 68510

Price
AVG $360K
$700K
Taxes
AVG $3,484
$3,052
Year Built
AVG 1941
1974