#22511735, Ryan J. Pierce, Listing Office: SimpliCity Real Estate
1941 J St Lincoln, NE 68510
Property details
About 1941 J St
Great opportunity to own 6 doors in Lincoln NE for less than 100K per door. This 6 plex has been nicely updated over the last ten years. This ALL BRICK multi-plex is located in the heart of Lincoln. It features four 1-bed units and two 3-bed units that have in-unit laundry. Located close to Lincoln High and soon next door will be a Rec Center for the area! Don't let this one slip you by. Numbers don't look great as my sellers put a lot of money into the multi-plex. Rent rates are under valued, which leaves room for new owner to raise them. I believe you will like the updates made! There is a owners storage unit in the basement that is secure and great for storage of material/tools. This property could very easily be converted back to a 4-plex; if you are looking to house-hack. Let's make this property your next best move/investment, and a major vehicle to build generational wealth.
Highlights
(ACTIVE)
Summary
- Basement: Yes
- Attached Garage: No
- Parking: None
- Heating: Electric, Forced Air
- List Price: $525,000
- Price/SqFt: $119
- Annual Tax Amount: $7,933
- Tax Year: 2024
- Year Built: 1929
- Living Area: 4,400 SqFt
- MLS Number: 22512710
- Office Name: Nebraska Realty
- Office Phone: (402) 770-7973
- Listing Agent: Jenee' Pekarek
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/27/2025, 5:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$525,000
1941 J St
$6,234
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 05, 2015 | Home Sold | $236,000 |
Dec 02, 2013 | Home Sold | $134,000 |
Dec 07, 2007 | Home Sold | $231,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $443,900 | $7,933 |
2023 | $422,800 | $8,407 |
2022 | $368,600 | $7,346 |
2021 | $310,400 | $6,248 |
2020 | $233,100 | $4,454 |
2019 | $233,100 | $4,474 |
2018 | $233,100 | $4,339 |
2017 | $224,000 | $4,361 |
History based on county public records data.
Nearby schools
4
Meadow Lane Elementary School
Public District KG-5
0.4 mi
•7200 Vine St
1
McPhee Elementary School
Public District PK-5
0.4 mi
•820 Goodhue Blvd
3
Elliott Elementary School
Public District PK-5
0.5 mi
•225 S 25th St
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 $19,231. 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.
Similar homes for sale
This home is located at 1941 J St in Lincoln, NE and zip code 68510 in the Capitol View neighborhood. This 4,400 square foot home was built in 1929. Features: 0 bathroom. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $525,000.
Over 91 listings were sold over their listed price in April 2025 in Lincoln, NE. In the same period over 115 listings were sold below the listed price and 87 listings were sold for the listed price. The inventory of homes for sale in Lincoln, NE between March and April 2025 increased by 11.4%. While the average time on the market in April 2025 was 19 days, the median list price was $290,500.