$549,900

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
(NEW)
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

IDXThe 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: 5/4/2025, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$549,900

1025 C St

$6,530

closing credit¹

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Seller rebate

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Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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. Most families are single, no kids. Most residents in this area 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/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling
  • UFCUFC

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Cicis PizzaCicis Pizza
  • Burger KingBurger King

What do the neighbors drive?

  • PontiacPontiac
  • BuickBuick
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
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.

Lincoln, NE housing market in April 2025 saw over 91 listings sold above listed price, more than 87 sold at listed price and over 115 sold below. The number of listings in Lincoln, NE increased by 11.4% between March and April 2025. The median list price of listings available in April 2025 was $290,500, while the average time on the real estate market was 19 days.

From Rocket Homes Real Estate and based on county public records data.

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