$525,000
SOLD JUL 9, 2025
6 Beds
6 Baths
4,256 Sq Ft
7,100 Sq Ft Lot

Recently Sold

$123 Per Sq Ft

5% Below List Price

48 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • Heating Available
  • Cooling Available

About This Home

As of July 2025

Turnkey 6-Plex Investment Opportunity – Strong Cash Flow & Recent Updates! This well-maintained 6-unit multifamily property features all 1-bedroom, 1-bathroom units with individual living spaces—ideal for attracting long-term tenants in today’s rental market. With a current total monthly rent of $4,515 plus an additional $150–$200/month in laundry income, the property generates a strong annual income between $55,980 and $56,580. Units #2, #5, and #6 have been recently updated, offering a mix of modern finishes and consistent rental performance. Unit #5 has undergone an extensive remodel, making it a standout unit within the property. Unit #6 was upgraded with a new mini-split system installed on March 1, 2025, providing efficient heating and cooling. Allo Fiber internet has been run to the building and on-site laundry provides extra income and convenience for tenants. This property is a solid investment opportunity for both seasoned and new investors, with immediate cash flow.

Last Agent to Sell the Property

Ryan Pierce

SimpliCity Real Estate License #20150020 Listed on: 05/02/2025

Co-Listed By

Joe Kubick

SimpliCity Real Estate License #20150232

Last Buyer's Agent

Jenni Limbach

Arrow Brokerage License #20200393

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,853

Year Built

  • Built in 1966

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50 x 142

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • 10 Parking Spaces
  • No Garage

Schools

  • Everett Elementary School
  • Park Middle School
  • Lincoln High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Oven or Range
  • Walk-Out Basement

Listing and Financial Details

  • Total Actual Rent $4,515
  • Assessor Parcel Number 1026429006000
  • Tax Block 220

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Original Lincoln Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,853

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Parcel Number: 1026429006000
  • Property Sub Type: Multi Family
  • Year Built: 1966
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.163
  • Lot Size: 50 x 142
  • Co List Office Mls Id: LSIMP01
  • Ownership: Fee Simple
  • Subdivision Name: ORIGINAL LINCOLN
  • Directions: Use GPS
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Appliances: Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace: No

Exterior Features

  • Foundation Details: Block
  • Fencing: None
  • Construction Type: Brick/Other, Frame
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 10

Utilities

  • Cooling: Other
  • Laundry Features: Laundry Facilities
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln High
  • Elementary School: Everett
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Park

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 7100

Green Features

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5853.42
  • Tax Block: 220

Multi Family

  • Number Of Units Total: 6
  • Total Actual Rent: 4515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jul 8, 2025
Sold by
Hallett Rental Properties Llc
Bought by
Rosanna Ferrando Family Trust and Ferrando
Seller's Agent
Ryan Pierce
SimpliCity Real Estate
Buyer's Agent
Jenni Limbach
Arrow Brokerage
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-76.76%

Purchase Details

Listed on
Jun 28, 2023
Closed on
Oct 10, 2023
Sold by
Knight Rebels Llc
Bought by
Hallett Rental Properties Llc
Seller's Agent
Jenni Limbach
Arrow Brokerage
Buyer's Agent
Ryan Pierce
SimpliCity Real Estate
List Price
$419,900
Sold Price
$405,000
Premium/Discount to List
-$14,900
-3.55%
Views
236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.08%
Original Mortgage
$324,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2021
Sold by
Francois Richard and Gehy Chrystel
Bought by
Knight Rebels Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
2.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 10, 2018
Closed on
Aug 23, 2018
Sold by
Green River Properties Llc
Bought by
Francios Richard
Seller's Agent
Luz Ducharme
BHHS Ambassador Real Estate
Buyer's Agent
Johanna Rhoads
RE/MAX Concepts
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$192,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 2016
Sold by
Ostiguin Lidia
Bought by
Green River Properties Llc

Purchase Details

Closed on
Jul 26, 2001
Sold by
Sharifi Hassan and Sharifi Carol J
Bought by
Ostiguin Guadalupe and Ostiguin Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.07%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 Charter Title
Warranty Deed $405,000 None Listed On Document
Warranty Deed $324,000 Charter Title & Escrow Servi
Warranty Deed $275,000 Nebraska Land Title & Abstra
Warranty Deed $11,555 Nebraska Title Co
Warranty Deed $153,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $324,000 New Conventional
Previous Owner $259,200 Credit Line Revolving
Previous Owner $192,500 Commercial
Previous Owner $153,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Sold $525,000 -4.5% $123 / Sq Ft
06/19/2025 06/19/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $549,900 +35.8% $129 / Sq Ft
10/12/2023 10/12/23 Sold $405,000 -3.5% $108 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $419,900 +52.7% $112 / Sq Ft
08/31/2018 08/31/18 Sold $275,000 -1.8% $65 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $280,000 -- $66 / Sq Ft
Source: Great Plains Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,656 $327,500 $45,000 $282,500
2023 $4,669 $278,600 $45,000 $233,600
2022 $5,052 $253,500 $45,000 $208,500
2021 $4,276 $226,800 $45,000 $181,800
2020 $3,248 $170,000 $45,000 $125,000
2019 $3,249 $170,000 $45,000 $125,000
2018 $3,263 $170,000 $45,000 $125,000
2017 $2,981 $153,900 $45,000 $108,900
2016 $2,997 $153,900 $45,000 $108,900
2015 $2,976 $153,900 $45,000 $108,900
2014 $3,028 $155,700 $32,400 $123,300
2013 -- $155,700 $32,400 $123,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22511735

Great Plains Regional MLS

APN: 10-26-429-006-000