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Explore Similar Apartments Within 2 Miles of Family Acres, NE

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    $395,000

    • 3 Beds
    • 2 Baths

    3502 S 51st St, Lincoln, NE 68506

    Fully occupied 5 plex by union college! This property features 5 newer garages to help add cashflow and increase length of tenant occupancy. HVAC and electrical have been updated as well. Garages alone are bringing in $535/month! Currently professionally managed, this is a turnkey rental property in a great neighborhood!

    Luke Flowerday Nebraska Realty

    3502 S 51st St, Lincoln, NE 68506

Why Live in Family Acres

Family Acres, located about six miles south of downtown Lincoln, is a large neighborhood known for its contemporary homes and family-friendly vibe. The area features a mix of one-story villas, open-concept ranch-style homes, and two-story contemporary residences, with most properties built between 1970 and 2010. The neighborhood is divided into several small subdivisions, offering midsize homes with three to four bedrooms. Family Acres is well-connected by Nebraska Parkway, providing access to parks, schools, and retail corridors. The neighborhood is served by highly rated schools, including Maxey Elementary, Lux Middle, and Lincoln East High School, known for their strong academic programs. Family Acres boasts several recreational features, such as the four-acre Edenton South Park with its playground and basketball court, and the Edenton/Phares Park Bike Trail, which offers paved walking and biking paths. Pine Lake Golf and Tennis Club provides opportunities for golf and tennis. Dining options are plentiful, with popular spots like Fireworks Restaurant and Honest Abe’s offering a variety of culinary delights. For everyday needs, residents can visit the HyVee grocery store, Scooter’s Coffee, and Papa Murphy’s Take ‘N Bake Pizza. The neighborhood is also close to the Edgewood Shopping Center, which includes stores like PETCO, Target, and Dollar Tree, as well as Edgewood Theaters. The Sandhills Global Event Center hosts a range of events, from concerts to farmers' markets and marathons. Family Acres has a low crime risk compared to the national average. Residents primarily use cars for transportation, but the city’s StarTran bus system provides additional options. Lincoln Airport is about 13 miles away.

Home Trends in Family Acres, NE

Housing Trends

Median Sale Price
$415,000
Median Single Family Sale Price
$418,500
Median Townhouse Sale Price
$357,500
Average Price Per Sq Ft
$174
Number of Homes for Sale
8
Last 12 months Home Sales
51
Months of Supply
1.90
Median List Price
$415,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
15%
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