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Lexington, NE Multifamily Home for Sale

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    $3,500,000

    0 Ponderosa Dr, Lexington, NE 68850

    Apartment Complex - 32 Units This 32 unit complex consists of 9 residential buildings, ample parking and a separate laundry/office/maintenance building. This profitable investment property is 100% occupied. Rent has recently been increased and extended leases signed for many of the units. All apartments are ground level. All buildings are constructed with low maintenance (brick and vinyl)

    Jeffrey Daake Broadoak Realty

    0 Ponderosa Dr, Lexington, NE 68850

Why Live in Lexington

Lexington, located on the banks of the Platte River in southeast Nebraska, is a small city with a population of around 10,000, predominantly Hispanic or Latino. The city experienced economic revitalization in the 1990s with the opening of a Tyson Fresh Meats plant, which remains a significant employer alongside the Lexington Public Schools District and Lexington Regional Healthcare Center. Home prices in Lexington are notably below the state median, with new developments offering budget-friendly options in the southeast and higher-end homes in the northwest. The city is prone to tornadoes, so properties with basements or storm shelters are advisable. Lexington Public Schools District, which includes Bryan Elementary School with its dual-language program, has a high rating. Attractions in Lexington include Mac’s Creek Winery and Brewery, antique shops, eclectic restaurants, and the Heartland Museum of Military Vehicles. The city’s park system features hiking and biking trails, sports facilities, a skate park, and an aquatic center. Nearby Johnson Lake offers fishing, boating, and a 10-mile loop trail for hikers and cyclists. Lexington is accessible via Interstate 80, with Kearney and North Platte providing regional air travel options. While property crime rates align with those in Lincoln, violent crime rates are lower. The city is addressing stormwater pollution issues in collaboration with the Environmental Protection Agency.

Home Trends in Lexington, NE

Housing Trends

Median Sale Price
$279,900
Median Single Family Sale Price
$279,900
Average Price Per Sq Ft
$161
Number of Homes for Sale
0
Last 12 months Home Sales
16
Months of Supply
0.00
Median List Price
$284,250
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
7%
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