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Near South Multifamily Homes & Duplexes for Sale

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    $254,900

    • 5 Beds
    • 3 Baths
    • 3,044 Sq Ft

    2224 A St, Lincoln, NE 68502

    This tri-plex conversion is located close to downtown and provides two 2bd/1ba units and one 1bd/1ba. The units are fully rented and makes for a turn-key situation for a new owner. There are separate gas and electric meters for each unit, a low-maintenance exterior along with 3 gas furnaces so each unit has their own. The basement contains 2 sets of laundry machines shared between the tenants

    Andrea Schneider RE/MAX Concepts

    2224 A St, Lincoln, NE 68502
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    $465,000

    • 8 Beds
    • 4 Baths
    • 3,170 Sq Ft

    1221 S 22nd St, Lincoln, NE 68502

    This isn’t your average 4-unit multifamily building, built in 1994, The Carrie apartments feature (4) Two Bedroom, 1 bath units with washer and dryer hookups in each unit. Off street parking, keyless entry with master code system. Several updates throughout the units. Building is set up on an ALLO landlord plan for extra income. New roof in 2023. Primed for a house hack, move in 1 unit, rent the

    Brandon Roseberry SimpliCity Real Estate

    1221 S 22nd St, Lincoln, NE 68502
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    $475,000

    • 8 Beds
    • 8 Baths
    • 6,768 Sq Ft

    2507 E St, Lincoln, NE 68510

    This is a great investment opportunity. All brick exterior. Fully rented. Good location with off street parking. Close to bus stop. Well maintained.

    Lynn Fisher Great Place Properties

    2507 E St, Lincoln, NE 68510
  • /40

    $255,000

    • 5 Beds
    • 4 Baths

    2103 A St, Lincoln, NE 68502

    Excellent opportunity to own a 4 unit Multi-Family property that brings in great rents, has been updated in many of the units, is located close to downtown, the zoo, and is easy for tenants to go anywhere in town! One of the units is a 2 bedroom 1 bath, and the other three units are 1 bedroom 1 bath. There is a shared laundry room in the basement, along with a storage area for the tenants to use

    Theron Ahlman Avid Realty

    2103 A St, Lincoln, NE 68502
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    $140,000

    • 4 Beds
    • 2 Baths
    • 1,515 Sq Ft

    1034 S 14th St, Lincoln, NE 68508

    Investor Special in Midtown Lincoln! This 2-story home is brimming with potential and priced for a full renovation. Classic front porch, tall ceilings, original woodwork, and a detached garage offer a solid starting point for a complete interior overhaul. HVAC, plumbing and electricity are functional. Foundation was redone this past year. Home needs full cosmetic rehab but layout can continue as

    Jessica Cammarano RE/MAX Concepts

    1034 S 14th St, Lincoln, NE 68508
  • /2

    $299,900

    1220 S 20th St, Lincoln, NE 68502

    Money making tri-plex conversion is ready for it's new owners. This property has one nice 3BR apartment on the main floor and two 1BR apartments upstairs. Plenty of storage and off-street parking off the alley in the back. Tucked in nicely next to some of Lincoln's most beautiful streets in the up and coming Near South. This property has brought in approximately $2,560 per month. 2 units

    Luke Flowerday Nebraska Realty

    1220 S 20th St, Lincoln, NE 68502
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    $184,000

    • 5 Beds
    • 2 Baths
    • 2,240 Sq Ft

    1736 Euclid Ave, Lincoln, NE 68502

    Great investment opportunity in Lincoln! 2 unit duplex with lots of potential. Main level 2 BR/1 BA. Upper level 3 BR/1 BA. Basement for storage and mechanicals. Separate HVAC/water heaters/electric and gas meters for tenants. Owner pays water/sewer. Garage for storage. Contact us today for more information!

    Zachary Zoul Century 21 Premier Home Sales

    1736 Euclid Ave, Lincoln, NE 68502

Why Live in Near South

Near South in Lincoln, Nebraska, is a historic neighborhood with a strong connection to the state's government, making it a popular choice for lawyers, politicians, and government employees. The area features a mix of young professionals and families, with homes that are over 100 years old. Housing options include ready-to-renovate two-story traditional-style homes, subdivided Colonial-style homes, and rare multi-bedroom mansions. Local attractions include the Sunken Gardens, known for its themed perennial displays, and the Lincoln Children’s Zoo, which, while just outside the east edge of Near South, is considered part of the community due to its proximity and features over 400 animals. Hazel Abell Park offers a serene setting with sculptures, cast iron street lamps, and a playground. Dining options are diverse, from Muchacho’s brisket tacos to DaVinci’s pizza and sandwiches, and Billy’s Restaurant, a historic eatery near the governor’s mansion. Meadowlark Coffee & Espresso and Russ’s Neighborhood Market are local favorites. The Sandhills Global Event Center, although not specified as being in Near South, is a notable venue in Lincoln, hosting various events, including the Lancaster County Super Fair and concerts. The Nebraska State Capitol is a key landmark, offering tours and educational sessions. Students in Near South attend highly rated schools, including Irving Middle and Lincoln High School. The neighborhood is conveniently located less than a mile from the State Capitol and seven miles from Lincoln Airport. Transportation options include walking, biking, scooters, and the StarTran bus system.

Home Trends in Near South, NE

Housing Trends

Median Sale Price
$205,000
Median Single Family Sale Price
$210,000
Median Townhouse Sale Price
$213,500
Median 2 Bedroom Sale Price
$110,000
Median 1 Bedroom Sale Price
$99,500
Average Price Per Sq Ft
$125
Number of Homes for Sale
19
Last 12 months Home Sales
75
Months of Supply
3.00
Median List Price
$219,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-2%
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