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Seven-Unit Multifamily Property
For Sale
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1955 A St, Lincoln, NE 68502

Seven-unit conversion building offering six one-bedroom units plus one studio, with owner-paid utilities.

Property SizeContact for details
Days on Market124

Property Features for 1955 A St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Business Included Yes
Multifamily Units 7

Building Details

Tenancy Multi
Listing Agency: Realty Works Group Giving Realty
Listed By: Matt Kirkland · License #NE20040143
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 5:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Works Group Giving Realty

Investment Insights

Based on property information with market context.

This seven-unit conversion multifamily property includes six one-bedroom, one-bath units and one studio unit with one bath. The building features a wraparound porch, and the units are currently rented with stated in-place rents ranging from $450 to $605 for the one-bedroom units and $525 for the studio unit. The owner pays utilities.

The seller notes the property is in a large investor portfolio, with a flyer available upon request, and that it can be purchased separately.

The offering is structured as an income-producing residential property with seven total units and an owner-paid utilities component, making it a straightforward option for an investor seeking a small multifamily asset.

Key Highlights

  • Seven‑unit conversion building: six 1‑bed/1‑bath units plus one studio with 1 bath
  • 1‑bed units rent for $450-$605, and the studio rents for $525
  • Owner pays utilities

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Skin Care Clinic HVAC Service Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store Dental Office

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

7
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

838
Businesses Nearby

Demographics for 68502, NE

27,238
Population
11,936
Households
2.3
Avg Household Size
36
Median Age
39%
College-Educated
90%
High-School Grad
6.7 sq mi
ZIP Area
4,065
Density / Sq Mi
$65,825
Median Household Income
$39,168
Median Earnings
$812
Median Rent
$220,500
Median Home Value

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 - Seven-unit conversion building offering six one-bedroom units plus one studio, with owner-paid utilities.
Where is this apartment building located?
The property is located at 1955 A St Lincoln, NE.
What are key features of this property?
This property features: Seven‑unit conversion building: six 1‑bed/1‑bath units plus one studio with 1 bath; 1‑bed units rent for $450-$605, and the studio rents for $525; Owner pays utilities
More about this property
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