#22508592, Tyler J. Loontjer, Listing office: Coldwell Banker NHS R E
Property details
About 1218 E St
Turnkey 12-Unit Investment Opportunity – Minutes from Downtown Lincoln! This fully occupied 12-unit building features 6 spacious 2 bed 1 bath units and 6 efficient 1 bed 1 bath units, all recently renovated and well maintained. Each unit includes its own furnace and A/C combo unit—about half of which have been recently replaced—offering independent climate control for tenants and streamlined maintenance for owners. Plenty of upside potential with room to raise rents (see pro forma). Gross Income $11.2k per month, exceeding the 1% Rule and the building is located just 5 minutes from vibrant downtown Lincoln, making it an ideal location for tenants and investors alike.
Highlights
Home typeMulti Family
HeatingElectric, Forced Air
StatusActive
(ACTIVE)
(ACTIVE)
BasementYes
Year built1974
MLS #22517235
Summary
- Basement: Yes
- Attached Garage: No
- Parking: None
- Heating: Electric, Forced Air
- List Price: $925,000
- Annual Tax Amount: $12,856
- Tax Year: 2024
- Directions: On E Street in Lincoln, between S 12th and S 13th Streets.
- Year Built: 1974
- MLS Number: 22517235
- Office Name: Realty ONE Group Sterling
- Office Phone: (402) 934-0074
- Office Email: Jim@ROGSterling.com
- Listing Agent: Wyatt Simon
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: 7/24/2025, 1:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 14, 2021 | Home Sold | $750,000 |
| Jan 10, 2020 | Home Sold | $645,000 |
| May 16, 2002 | Home Sold | $356,714 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $719,300 | $12,856 |
| 2023 | $685,100 | $13,623 |
| 2022 | $631,000 | $12,575 |
| 2021 | $560,900 | $11,290 |
| 2020 | $314,600 | $6,011 |
| 2019 | $314,600 | $6,038 |
| 2018 | $314,600 | $5,925 |
| 2017 | $305,900 | $5,956 |
History based on county public records data.
Nearby schools
4
Everett Elementary School
Public District PK-5
0.2 mi
•1123 C St
4
Meadow Lane Elementary School
Public District KG-5
0.3 mi
•7200 Vine St
1
McPhee Elementary School
Public District PK-5
0.3 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 $22,453. Residents of Lincoln, NE typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
70%
<35k
30%
35k-100k
0%
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?
80%
Single, No Kids
9%
Single, with Kids
4%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
3%
12-17 yrs old
45%
18-34 yrs old
33%
35-64 yrs old
6%
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
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
News
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 1218 E St
The listing price of 1218 E St property is $925,000.
The property 1218 E St is a multi located in Lincoln, Nebraska, 68508.
Active Listing: 1218 E St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1218 E St are: Everett Elementary School (GreatSchools Rating 4/10), Meadow Lane Elementary School (GreatSchools Rating 4/10), McPhee Elementary School (GreatSchools Rating 1/10), Park Middle School (GreatSchools Rating 2/10), Irving Middle School (GreatSchools Rating 3/10), Lefler Middle School (GreatSchools Rating 4/10), University of Nebraska High School (GreatSchools Rating 1/10), Lincoln High School (GreatSchools Rating 2/10), Southeast High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $12,856 (source: MLS/based on county public records data).
The last sale was on October 14, 2021 for $750,000 (source: MLS/tax record).
The year of construction for 1218 E St is 1974.
This home is located at 1218 E St in Lincoln, NE and zip code 68508 in the Everett neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $925,000.
Over 105 listings were sold over their listed price in June 2025 in Lincoln, NE. In the same period over 126 listings were sold below the listed price and 104 listings were sold for the listed price. Between May and June 2025, Lincoln, NE real estate market has seen increase in the number of listings by 27.9%. Listings spent 13 days on the market in June 2025, and had a median list price of $310,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.