$490,000

Estimated payment $3,090/month

Total Views 418
9 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • 4 Car Garage

About This Home

Long-term tenants & modern electrical are the two things investors ask for in a 1958 building. This J Street five-plex has both. 100% leased w/long-term tenants in place, & a full electrical modernization already documented: fuse panels replaced w/individual apartment breaker boxes, a separate house panel, load expansion for future dishwashers & kitchen upgrades, & meters relocated per LES requirements. Permitted, code-compliant, & completed by a certified electrician. Four 2-bedroom units w/dedicated garage stalls, one 1-bedroom unit, & additional off-street parking. Each unit has a private back door & stairs to a fenced yard. Separate utilities & laundries. Water heaters 2020 or newer. Basement storage for each tenant, plus a shared laundry area w/tenant-owned washers & dryers. Recent refresh: fresh interior paint, new common area carpet, & updated landscaping. Near public transportation, universities, downtown, & neighborhood retail. Can purchase as package with MLS #22622799.

Listing Agent

Susan Buettner

Black Tie Realty License #20190306 Listed on: 08/10/2026

Co-Listing Agent

William Buettner

Black Tie Realty License #20180203

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,692

Year Built

  • Built in 1958

Lot Details

  • 10,625 Sq Ft Lot
  • Lot Dimensions are 85 x 125
  • Chain Link Fence

Parking

  • 4 Car Garage

Home Design

  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Schools

  • Elliott Elementary School
  • Park Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 5 Units
  • Central Lincoln Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1025245005000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,692

Year Built

Built in 1958

Lot Details

10,625 Sq Ft Lot

Parking

4

Listing Details

  • Parcel Number: 1025245005000
  • Property Sub Type: Multi Family
  • Year Built: 1958
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2439
  • Lot Size: 85 x 125
  • Ownership: Fee Simple
  • Subdivision Name: Central Lincoln
  • Directions: Building sits at the corner of "J" Street and 25th Street.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Remarks22: Seller is planning a 1031 exchange. Rent rolls and maintenance history available on request.
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 9
  • Fireplace: No

Exterior Features

  • Foundation Details: Block
  • Fencing: Chain Link
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 4
  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Total Parking Spaces: 5

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 10625

Green Features

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4692

Multi Family

  • Number Of Units Total: 5
  • Total Actual Rent: 1450

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,762 $365,200 $28,800 $336,400
2024 $4,762 $348,900 $40,000 $308,900
2023 $6,225 $371,400 $40,000 $331,400
2022 $6,384 $320,300 $40,000 $280,300
2021 $5,034 $267,000 $40,000 $227,000
2020 $3,860 $202,000 $40,000 $162,000
2019 $3,860 $202,000 $40,000 $162,000
2018 $3,877 $202,000 $40,000 $162,000
2017 $3,417 $176,400 $40,000 $136,400
2016 $3,435 $176,400 $40,000 $136,400
2015 $3,411 $176,400 $40,000 $136,400
2014 $3,431 $176,400 $28,800 $147,600
2013 -- $176,400 $28,800 $147,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2026 08/10/26 For Sale $490,000 +141.4% --
09/15/2015 09/15/15 Sold $203,000 -8.6% $52 / Sq Ft View Prior Sale
08/20/2015 08/20/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $222,000 -- $57 / Sq Ft
Source: Great Plains Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $203,000 Charter Title & Escrow Svcs
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $15,250 Future Advance Clause Open End Mortgage
Source: Public Records

About the Listing Agent

Susan Buettner

Black Tie Realty

(402) 226-1947

Section Image

Susan Buettner is the Designated Broker and Owner of Black Tie Realty, serving Lincoln, Omaha, and the surrounding metro with a level of expertise that is anything but ordinary.

Susan's foundation is rooted in the law. After earning dual Bachelor of Science degrees in Political Science and Psychology from the University of Nebraska Kearney, she went on to earn her Juris Doctor from the University of Nebraska College of Law in 1998. A practicing attorney before transitioning to real

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Source: Great Plains Regional MLS

MLS Number: 22622815

Great Plains Regional MLS

APN: 10-25-245-005-000

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