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29-Plex Apartment Building with Coin Laundry
New
For Sale
$1,650,000

1328 E St, Lincoln, NE 68508

Well-built 29-unit complex of 1 bed, 1 bath apartments with coin-operated laundry, 12 parking spots, and mostly leased units.

Days on Market6

Property Features for 1328 E St

General Information

Standard status Active
Total Parking Spaces 12
Property subtype Residential Income

Units

Unit Mix 29 x 1BR/1BA
Multifamily Units 29

Additional Details

Utilities to Site Yes

Amenities

coin-operated laundry

Building Details

Buildings 2
Construction concrete block
Listing Agency: Giving Realty
Listed By: Matthew A. Kirkland
Source: Exprealty
Added: Jul 27 Changed: Jul 31 Last Checked: Jul 31 at 3:39AM

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 Giving Realty

Investment Insights

Based on property information with market context.

This exceptionally well-built 29-plex apartment property features all one-bedroom, one-bath units. All units are currently leased except one. The buildings include coin-operated laundry and 12 parking spots in back.

The layout uses super-solid concrete block walls in between units to support safety and privacy. The buildings are connected and are offered as a package. The property is made up of 1328 E with 14 units and 1336 E with 15 units.

Recent updates include new exterior stairs, a retaining wall, some updated electrical, and a newer roof. Tenant utility billing is streamlined: tenants receive one utility bill for electricity only, while the owner pays for gas for the hot water heaters, house electric, and garbage.

Key Highlights

  • 29 one‑bedroom, one‑bath units with all but one currently leased
  • Coin‑operated laundry on site
  • 12 parking spots in back

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Locksmith Electrical 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

29
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,468
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

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 - Well-built 29-unit complex of 1 bed, 1 bath apartments with coin-operated laundry, 12 parking spots, and mostly leased units.
Where is this apartment building located?
The property is located at 1328 E St Lincoln, NE.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 29 one‑bedroom, one‑bath units with all but one currently leased; Coin‑operated laundry on site; 12 parking spots in back
More about this property
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