Remodeled Duplex with Off-Street
2815 N Street Lincoln, NE 68510
2815 N Street, Lincoln, NE, 68510
$199,950
For Sale
$199,950
DUPLEX - Lincoln, NE
Property Size1,820 SF
Lot Size0.07 Acres
Price / SF$109.86
Days on Market130
Property Features for 2815 N Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Basement
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Appliances
- Dishwasher, Microwave, Range - Cooktop + Oven, Refrigerator
- Standard status
- Active
- APN
- 17-30-106-001-000
- Size
- 1,820 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- EAST LINCOLN, BLOCK 5, Lot 1, E39.5' & E39.5' N27.5' LOT 2
- Tax Annual Amount
- 2300
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1926
- Floors in Building
- 2
- Architectural style
- Other
Listing Agency
Nebraska Realty
(402) 413-8000
7321 Plaza Ct, Lincoln, NE
Listed by
Jennifer Stai
(402) 802-2602
Added: Mar 8 Checked: Jul 16 at 7:06 pm
MLS# 22606194
Listing URL
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This multi-level duplex includes two rental units, with both units remodeled within the past four years. The upper unit includes a primary suite, and both units are currently rented. The main floor is rented for $850 per month and the upper unit is rented for $1,100 per month. Off-street parking is available with space for up to four vehicles, and laundry hookups are located in the basement. All appliances are included, supporting an easier move-in or continued rental operation.
Located at 2815 N Street in Lincoln, Nebraska, the property is described as being just south of O Street. The setting is suited to tenants or owner-occupants looking for a convenient residential income property with straightforward on-site parking and common service elements like basement laundry hookups.
For investors, this duplex presents a manageable two-unit structure with independently rented space and recently updated interiors. For owner-occupants considering a house-hack approach, the layout provides the option to live in one unit while the other remains leased. The combination of remodeled condition, included appliances, and up to four off-street parking spaces can reduce day-to-day friction for both tenants and property management. Please see MLS Multi-Family #22609788 for additional details.
Located at 2815 N Street in Lincoln, Nebraska, the property is described as being just south of O Street. The setting is suited to tenants or owner-occupants looking for a convenient residential income property with straightforward on-site parking and common service elements like basement laundry hookups.
For investors, this duplex presents a manageable two-unit structure with independently rented space and recently updated interiors. For owner-occupants considering a house-hack approach, the layout provides the option to live in one unit while the other remains leased. The combination of remodeled condition, included appliances, and up to four off-street parking spaces can reduce day-to-day friction for both tenants and property management. Please see MLS Multi-Family #22609788 for additional details.
Key Highlights
- Multi‑level duplex built in 1926 with two rented units: $1,100/month (upper) and $850/month (main floor)
- Both units have been remodeled within the past four years
- Off‑street parking for up to four spaces
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.3k | $15.00 |
| − Vacancy | −$1.5k | −$0.83 |
| EGI | $25.8k | $14.17 |
| − OpEx | −$7.7k | −$4.25 |
| NOI | $18.1k | $9.92 |
1,820 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$258.0K
$225.7K – $301.0K
NOI $18,059 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$239.6K
$209.7K – $279.6K
NOI $16,775 @ 7.0% cap · market cap 8.39%
Theoretical Best
Office A
$446.2K
$390.4K – $520.6K
NOI $31,233 @ 7.0% cap · market cap 15.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-level duplex with remodeled units, laundry hookups, and off-street parking for up to four vehicles.
Where is this duplex located?
The property is located at 2815 N Street Lincoln, NE.
What is the asking price?
The asking price for this property is $199,950.
What are key features of this property?
This property features: Multi‑level duplex built in 1926 with two rented units: $1,100/month (upper) and $850/month (main floor); Both units have been remodeled within the past four years; Off‑street parking for up to four spaces
