$1,450,000

2142 Southwood Place Portfolio Lincoln, NE 68512

$10,000
Closing credit¹
8,646 sqft
$168 / sqft
Multi-Family

Property details

About 2142 Southwood Place Portfolio

Rare opportunity to purchase a performing 7-unit portfolio of well-maintained townhomes and townhome style condos. 2 @ 3-Bed Units and 5 @ 2-Bed Units. Five units in Southwood, 2 units at Capital Beach. $125,000 in annual rent income. Fully rented, most tenants are long term. Leases are well under market value leaving much room for improvement. All units come with forced air furnace and central air conditioning. All units come with a garage. All measurements, inputs, and financials are estimated due to MLS not having a category for single family portfolio sales. Buyer assumes all responsibility for verifying inputs and measurements. Annual Estimates: $124,320 Rental Income. $15,900 Taxes. $6,700 Insurance (portfolio policy). $9,600 HOA. $1,500 Utilities (Trash Only). $14,000 Maintenance (at 1% of value). Southwood Place House Addresses = 2142, 2201, 2215, 2219, 2227 Southwood Pl. The Capitol Beach House Addresses = 509 and 511 NW 16th St. Seller will ONLY sell as a package.

Highlights

Home typeMulti Family
HeatingOther
StatusActive
(ACTIVE)
Size8,646 sqft
BasementYes
Year built1984
ParkingAttached, Detached
MLS #22501988
Attached garage8 spaces

Summary

  • MLS Number: 22501988
  • Office Name: Keller Williams Lincoln
  • Office Phone: (402) 770-5021
  • Listing Agent: Derek Kats

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: 4/9/2025, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with a garage

$1,450,000

2142 Southwood Place Portfolio

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

Ruth Hill Elementary School

Public District PK-5

0.5 mi

5230 Tipperary Trl

6

Beattie Elementary School

Public District KG-5

0.8 mi

1901 Calvert St

6

Rousseau Elementary School

Public District PK-5

1.0 mi

3701 S 33rd 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 $60,032. Most Lincoln, NE residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

17%
<35k
74%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
15%
Single, with Kids
21%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Family DollarFamily Dollar
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • White CastleWhite Castle
  • Bob EvansBob Evans

What do the neighbors drive?

  • MazdaMazda
  • ChevroletChevrolet
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • NewsNews
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Lincoln, NE

About 2142 Southwood Place Portfolio

This home is located at 2142 Southwood Place Portfolio in Lincoln, NE and zip code 68512. This 8,646 square foot home was built in 1984. Features: 0 bathroom. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $1,450,000.

Over 59 listings were sold over their listed price in March 2025 in Lincoln, NE. In the same period over 113 listings were sold below the listed price and 73 listings were sold for the listed price. The number of homes for sale in Lincoln, NE increased by 15.1% between February and March 2025. While the average time on the market in March 2025 was 27 days, the median list price was $305,000.

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

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