$750,000

838 S 47th St Lincoln, NE 68510

40th & A Neighborhood

Estimated payment $4,863/month

-- Beds
-- Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.4 Acre Lot
  • No HOA
  • Forced Air Heating System
  • Lincoln East High School Rated A

About This Home

Opportunity awaits with this fabulous multifamily property in South Lincoln featuring three identical stone duplexes with six fully rented units. Each residence offers 2 bedrooms, 1 bathroom, a back patio, separate utilities, and its own unfinished basement—providing plenty of space for storage, hobbies, or a work area. The six-unit configuration offers flexibility for continued rental use or the option to live in one unit while leasing the others.

Listing Agent

Ashley Hustad

BancWise Realty License #20040616 Listed on: 09/09/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,691

Year Built

  • Built in 1950

Lot Details

  • 17,420 Sq Ft Lot
  • Lot Dimensions are 130 x 134

Parking

  • 4 Parking Spaces

Home Design

  • Concrete Perimeter Foundation

Schools

  • Randolph Elementary School
  • Lefler Middle School
  • Lincoln East High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 6 Units
  • East Central Lincoln Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1729300003000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,691

Year Built

Built in 1950

Lot Details

0.4 Acres

Listing Details

  • Parcel Number: 1729300003000
  • Property Sub Type: Multi Family
  • Year Built: 1950
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3999
  • Lot Size: 130 x 134
  • Ownership: Fee Simple
  • Subdivision Name: East Central Lincoln
  • Directions: Consult GPS
  • Carport Y N: No
  • New Construction: No
  • Remarks22: Unit 832 $1,025 (9/25 move-in) Unit 834 $895 Unit 838 $975 Unit 840 $895 Unit 828 $895 Unit 830 $895 $4775 current rents- all month-to-month Potential rents-$6150 Each tenant has central air, w/d’s in the basement, a separate water heater, and separate gas and electric. There is irrigation in the yard. Landlord pays water/sewer, trash, snow, lawn.
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: None
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4

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 East
  • Elementary School: Randolph
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Lefler

Lot Info

  • Lot Features: Over 1/4 up to 1/2 Acre
  • Lot Size Sq Ft: 17420

Green Features

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 8691.34

Multi Family

  • Number Of Units Total: 6

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
09/09/2026 09/09/26 For Sale $750,000 -- --
Source: Great Plains Regional MLS

Source: Great Plains Regional MLS

MLS Number: 22626048

Great Plains Regional MLS
Nebraska Lancaster County Lincoln 68510 40th & A

838 S 47th St, Lincoln, NE

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Great Plains Regional MLS Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2026, Great Plains Regional MLS LLC

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Ashley Hustad
Listing Agent
Ashley Hustad
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BancWise Realty
(402) 809-9221
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