$1,900,000
$50K PRICE DROP

239 W Irving St Unit Portfolio Lincoln, NE 68521

Northwest Lincoln Neighborhood

Estimated payment $11,635/month

Total Views 5,490
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • 14 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

Rare opportunity to acquire a performing 7-unit portfolio of well-maintained townhomes, all located on the same street in Northwest Lincoln. This package includes 4 split-level townhomes (each 3 bed, 2 bath) and 3 ranch-style townhomes (two 3 bed, 3 bath units and one 4 bed, 3 bath unit), offering a solid unit mix for both stability and upside potential. All units feature attached garages, forced air heating, central air conditioning, and private entrances. The homes are within walking distance of each other, making management efficient and turnover minimal. The portfolio is fully rented with a strong rental history and long-term tenants in place. Current annual rental income is around 120k with rents under market, offering substantial room for value-add improvements. Backing to commons areas with mature trees, these homes offer tenants a peaceful, residential setting while being just minutes from downtown, the airport, interstate, and local amenities. See docs for legals.

Listing Agent

Alec Cromer

Keller Williams Lincoln Brokerage Phone: 402-587-2274 License #20240245 Listed on: 08/01/2025

Keller Williams Lincoln

Co-Listing Agent

Derek Kats

Keller Williams Lincoln Brokerage Phone: 402-587-2274 License #20100048

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,569

Year Built

  • Built in 1998

Parking

  • 14 Car Attached Garage

Home Design

  • Concrete Perimeter Foundation

Schools

  • W. Lincoln Elementary School
  • Goodrich Middle School
  • Lincoln High School

Additional Features

  • Deck
  • Forced Air Heating and Cooling System
  • Basement

Community Details

  • No Home Owners Association
  • 7 Units
  • See Attached Document For Addresses And Legal Descriptions. Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1110201011000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,569

Year Built

Built in 1998

Lot Details

0

Parking

14

Listing Details

  • Parcel Number: 1110201011000
  • Property Sub Type: Multi Family
  • Year Built: 1998
  • Prop. Type: Residential Income
  • Ownership: Fee Simple
  • Subdivision Name: See attached document for addresses and legal descriptions.
  • Directions: Consult GPS
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Remarks22: More itemized docs to come soon.
  • Attribution Contact: M: 402-587-2274
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: None
  • Patio And Porch Features: Deck
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 14
  • Attached Garage: Yes
  • Covered Parking Spaces: 14
  • Parking Features: Attached
  • Total Parking Spaces: 14

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln High
  • Elementary School: W. Lincoln
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Goodrich

Lot Info

  • Lot Features: Up to 1/4 Acre.

Green Features

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 19568.64

Multi Family

  • Number Of Units Total: 7

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2025 09/25/25 Price Changed $1,900,000 -2.6% --
08/01/2025 08/01/25 For Sale $1,950,000 -- --
Source: Great Plains Regional MLS

Source: Great Plains Regional MLS

MLS Number: 22521796

Great Plains Regional MLS