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    1941 J St Lincoln, NE 68510

    For Sale
    $495,000

    Multi-Family - Lincoln, NE

    Type:Multi Family
    Days on Market:
    17
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 1941 J St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    10
    Bathrooms
    6
    APN
    10-25-135-001-000
    Basement Y/N
    1

    Utilities

    Heating system
    Electric (Heating), Forced Air

    Building Details

    Year built
    1929
    Number of units
    6
    Architectural style
    Other

    Nebraska Realty (402) 491-0100 [email protected]

    Listing agent Jenee' Pekarek (402) 413-8000

    Listing date Nov 20, 2025

    MLS# 22532333 Listing URL

    Copyright © 2025 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Brick Multi-Family Investment

    This six-unit multi-family property, constructed of brick, features four one-bedroom units and two three-bedroom units, all equipped with in-unit laundry. The property has undergone complete updates over the last ten years. Located in Lincoln, Nebraska, the property is situated in proximity to Lincoln High School. A recreation center is planned for development next door. An owner's storage unit is located in the basement, providing secure space for materials and tools. The property could be converted into a four-plex. This property presents an opportunity for investment and building generational wealth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6925764
    Latitude
    40.8078829

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    FAQs

    What type of property is this?
    Apartment building - Six-unit, all-brick multi-family property with updates and in-unit laundry.
    Where is this apartment building located?
    The property is located at 1941 J St Lincoln, NE.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Six-unit multi-plex offered at under $90k per door.; - All brick construction.; - In-unit laundry in all units.
    (402) 413-8000
    Request Owner's contact information
    1941 J St Lincoln, NE 68510
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    Lincoln, NE 68510
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1941 J St Lincoln, NE 68510
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