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18-Unit Apartment Building
For Sale
$1,100,000

1403 E Street, Lincoln, NE 68508

Multifamily property with on-site laundry, controlled entry, and historic architectural character.

Property SizeContact for details
Days on Market52

Property Features for 1403 E Street

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 18

Amenities

on-site laundry
controlled entry

Building Details

Year Built 1929
Listing Agency: BHHS Ambassador Real Estate
Listed By: Heidi Cline
Source: Tenaciousrealty
Added: Aug 26 Changed: Oct 16 Last Checked: Oct 16 at 9:05AM

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 BHHS Ambassador Real Estate

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Investment Insights

Based on property information with market context.

Located at 1403 E Street in Lincoln’s Near South neighborhood, this 18-unit apartment building dates to 1929 and features historic architectural character. The property includes on-site laundry and controlled entry for residents.

The building is positioned blocks from downtown Lincoln and the University of Nebraska–Lincoln’s City Campus, with area parks, shops, restaurants, and transit also identified in the surrounding context. Its apartment configuration and established neighborhood setting provide a clear multifamily profile for residential income use.

Key Highlights

  • 18‑unit apartment building at 1403 E Street
  • Built in 1929 with historic architectural character
  • On‑site laundry for residents

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

18
Residential units

Location Intelligence

Trade Area within ½ mile

1,717
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

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with on-site laundry, controlled entry, and historic architectural character.
Where is this apartment building located?
The property is located at 1403 E Street Lincoln, NE.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 18‑unit apartment building at 1403 E Street; Built in 1929 with historic architectural character; On‑site laundry for residents
More about this property
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