$6,234 Closing Credit¹
#22512710, Jenee' Pekarek, Listing Office: Nebraska Realty
$549,900 List price
1025 C St Lincoln, NE 68502
$6,530
Closing credit¹
Multi-Family
Property details
About 1025 C St
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.
Highlights
Home typeMulti Family
HeatingElectric, Other
StatusActive
(ACTIVE)
(ACTIVE)
CoolingOther
BasementYes
Year built1966
MLS #22511735
Summary
- Appliances: Refrigerator
- Basement: Yes
- Interior: Laundry Facilities
- Attached Garage: No
- Parking: None
- Heating: Electric, Other
- Cooling: Other
- List Price: $549,900
- Annual Tax Amount: $5,853
- Tax Year: 2024
- Directions: Use GPS
- Year Built: 1966
- MLS Number: 22511735
- Office Name: SimpliCity Real Estate
- Office Phone: (402) 261-3366
- Listing Agent: Ryan J. Pierce
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 10:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$549,900
1025 C St
$6,530
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 12, 2023 | Home Sold | $405,000 |
| Feb 04, 2021 | Home Sold | $324,000 |
| Aug 27, 2018 | Home Sold | $275,000 |
| May 24, 2016 | Home Sold | $116,000 |
| Jul 31, 2001 | Home Sold | $153,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $327,500 | $5,853 |
| 2023 | $278,600 | $5,230 |
| 2022 | $253,500 | $5,052 |
| 2021 | $226,800 | $4,565 |
| 2020 | $170,000 | $3,248 |
| 2019 | $170,000 | $3,263 |
| 2018 | $170,000 | $2,981 |
| 2017 | $153,900 | $2,996 |
History based on county public records data.
Nearby schools
4
Everett Elementary School
Public District PK-5
0.1 mi
•1123 C St
4
Meadow Lane Elementary School
Public District KG-5
0.5 mi
•7200 Vine St
1
McPhee Elementary School
Public District PK-5
0.5 mi
•820 Goodhue Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,588. Residents of Lincoln, NE typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
63%
<35k
31%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
69%
Single, No Kids
14%
Single, with Kids
6%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
6%
12-17 yrs old
43%
18-34 yrs old
30%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Pro Wrestling
UFC
Where do the neighbors shop?
Express/Express For Men
Burlington
Family Dollar
Where do the neighbors go to eat?
Starbucks
Cicis Pizza
Burger King
What do the neighbors drive?
Pontiac
Buick
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1025 C St in Lincoln, NE and zip code 68502 in the Everett neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $549,900.
In April 2025, from all listings sold in Lincoln, NE there were more than 91 sold above asking price, over 115 sold below and more than 87 were sold right at the asked price. The inventory of homes for sale in Lincoln, NE between March and April 2025 increased by 11.4%. In April 2025, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $290,500.
From Rocket Homes Real Estate and based on county public records data.