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14-Unit Apartment Building
For Sale
$1,090,000

700 S 17th Street, Lincoln, NE 68508

MULTIFAMILY, Lincoln, NE

Property SizeContact for details
Days on Market17

Property Features for 700 S 17th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Parking 14
Parking features Off Street
Fencing Chain Link
Subdivision Central Lincoln
Elementary school Mcphee
Middle school Park
High school Lincoln High
Elementary school district Lincoln
Middle school district Lincoln
High school district Lincoln
Directions Use GPS where available for quicker access.
Standard status Active
APN 10-25-133-012-000

Taxes and HOA fees

Tax Year 2025
Tax Description KENNARDS ADDITION TO LINCOLN, BLOCK 1, Lot 13, & N6' LOT 14
Tax Annual Amount 9479
Legal Description KENNARDS ADDITION TO LINCOLN, BLOCK 1, Lot 13, & N6' LOT 14

Utilities

Heating system Forced Air

Amenities

on-site laundry facility

Building Details

Year built 1966
Number of units 14
Listing Agency: Keller Williams Lincoln · Keller Williams Realty
Listed By: Ousmane Youm
Added: Sep 10 Changed: Sep 16 Last Checked: Sep 26 at 3:06PM
MLS# 22626041

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 14-unit apartment property at 700 S 17th Street includes 11 two-bedroom units with 1.5 baths and three one-bedroom units with one bath. The building was updated in 2024, including six fully updated units. Forced-air heating, chain-link fencing, off-street parking, and an on-site laundry facility are part of the property’s physical improvements. There are 14 reserved parking spaces, although five are subject to lease by the seller.

The property is in Lincoln, near downtown and within reach of businesses, a major university campus, a sports complex, employment, shopping, dining, entertainment, health care facilities, and major transportation routes. Showings are available by appointment.

Key Highlights

  • 14‑unit apartment property with 11 two‑bedroom/1.5‑bath units and 3 one‑bedroom/1‑bath units
  • Building updated in 2024
  • Six units fully updated

Property Analytics

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Current Use

Logan Communication Co. Law Firm

Suggested Use

Top Pick Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Butcher Tanning Salon Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

2,498
Businesses Nearby

Demographics for 68508, NE

17,249
Population
7,076
Households
2.4
Avg Household Size
24
Median Age
35%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
5,750
Density / Sq Mi
$33,561
Median Household Income
$10,349
Median Earnings
$760
Median Rent
$121,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six apartments were fully updated in 2024, with on-site laundry and off-street parking.
Where is this apartment building located?
The property is located at 700 S 17th Street Lincoln, NE.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: 14‑unit apartment property with 11 two‑bedroom/1.5‑bath units and 3 one‑bedroom/1‑bath units; Building updated in 2024; Six units fully updated
More about this property
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