$185,000

1725 S 23rd St Lincoln, NE 68502

$2,197
Closing credit¹
4 beds
2 full, 1 partial
1,958 sqft
0.1 acres
$94 / sqft
Multi-Family

Property details

About 1725 S 23rd St

Investor or House Hacker Alert in Near South Lincoln! This side-by-side 2-bed, 1-bath duplex (one unit w/ extra half bath) is the perfect opportunity to house hack or add to your rental portfolio. Located in a high-demand area with low-vacancy, it offers strong cash flow potential with room to build strong equity with some simple cosmetic updates. Some Updates include a newer roof (3 yrs), (2) brand new electrical panels, (2) newer furnaces (2024 & 2009), and two brand new water heaters. Shared basement provides extra storage plus 2 separate laundry hookups. Live in one unit, rent the other—or rent both and enjoy steady income in a great location with Lincolns strong rental demand. Out back is a shared fenced in yard with alley access. Don’t miss this Near South gem!

Highlights

Home typeDuplex
HeatingForced Air, Natural Gas
StatusActive
(NEW)
CoolingCentral Air
Size1,958 sqft
BasementYes
Lot size0.14 Acres
Year built1905
MLS #22515633

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Total Bedroom Count: 4
  • Attached Garage: No
  • Parking: None
  • Exterior: None
  • Architectural Style: 1.5 Story
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $185,000
  • Price/SqFt: $94
  • Annual Tax Amount: $2,507
  • Tax Year: 2024
  • Directions: Use GPS
  • Year Built: 1905
  • Stories: 1
  • Living Area: 1,958 SqFt
  • Lot Size: 0.14 Acres
  • MLS Number: 22515633
  • Office Name: Coldwell Banker NHS R E
  • Office Phone: (402) 489-9071
  • Listing Agent: Hosie J. Hudson

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: 6/10/2025, 7:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1725 S 23rd St, Lincoln, NE 68502 - view of front of house featuring a porch, a front yard, a chimney, and brick siding

$185,000

1725 S 23rd St

$2,197

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
May 04, 2018
Home Sold
$46,000

Tax history

YearAssessmentProperty Tax
2024$140,300$2,507
2023$133,300$2,650
2022$122,200$2,435
2021$122,200$2,459
2020$107,400$1,805
2019$94,500$1,813
2018$94,500$1,603
2017$82,800$1,612

History based on county public records data.

Nearby schools

3

Prescott Elementary School

Public District KG-5

0.2 mi

1930 S 20th St

6

Sheridan Elementary School

Public District KG-5

0.7 mi

3100 Plymouth Ave

4

Saratoga Elementary School

Public District PK-5

0.8 mi

2215 S 13th St

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 $41,051. The most common annual income of people living in Lincoln, NE is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

41%
<35k
52%
35k-100k
7%
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?

62%
Single, No Kids
14%
Single, with Kids
13%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
33%
18-34 yrs old
31%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • NBA/WNBANBA/WNBA
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Cicis PizzaCicis Pizza
  • StarbucksStarbucks
  • PopeyesPopeyes

What do the neighbors drive?

  • PontiacPontiac
  • DodgeDodge
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1725 S 23rd St

The listing price of 1725 S 23rd St property is $185,000.

The property 1725 S 23rd St is a multi located in Lincoln, Nebraska, 68502.

Active Listing: 1725 S 23rd St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1725 S 23rd St are: Prescott Elementary School (GreatSchools Rating 3/10), Sheridan Elementary School (GreatSchools Rating 6/10), Saratoga Elementary School (GreatSchools Rating 4/10), Irving Middle School (GreatSchools Rating 3/10), Park Middle School (GreatSchools Rating 2/10), Lefler Middle School (GreatSchools Rating 4/10), Lincoln High School (GreatSchools Rating 2/10), University of Nebraska High School (GreatSchools Rating 1/10), Southeast High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $2,507 (source: MLS/based on county public records data).

The last sale was on May 4, 2018 for $46,000 (source: MLS/tax record).

The property 1725 S 23rd St is 1,958 SqFt (source: MLS/tax record).

The year of construction for 1725 S 23rd St is 1905.

This home is located at 1725 S 23rd St in Lincoln, NE and zip code 68502 in the Near South neighborhood. This 1,958 square foot home, which was built in 1905, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 7, 2025 and is currently priced at $185,000.

The inventory of homes for sale in Lincoln, NE between April and May 2025 increased by 132.9%. The median list price of listings available in May 2025 was $331,225, while the average time on the real estate market was 37 days.

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

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