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18-Unit Apartment Building
For Sale
$1,155,000

1403 E Street, Lincoln, NE 68508

MULTIFAMILY, Lincoln, NE

Property SizeContact for details
Days on Market8

Property Features for 1403 E Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Appliances Dryer, Oven, Refrigerator, Washer
Subdivision Lincoln Original
Elementary school Mcphee
Middle school Park
High school Lincoln High
Elementary school district Lincoln
Middle school district Lincoln
High school district Lincoln
Standard status Active
APN 1025311007000

Taxes and HOA fees

Tax Year 2025
Tax Description Block 186, Lot 6, N92', Lincoln Original
Tax Annual Amount 11124
Legal Description Block 186, Lot 6, N92', Lincoln Original

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

on-site laundry
controlled entry

Building Details

Year built 1929
Number of units 18
Roof type Flat
Listing Agency: Century Sales & Management LLC
Listed By: Jason Opp
Added: Aug 24 Changed: Aug 25 Last Checked: Aug 31 at 12:06PM
MLS# 22624285

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.

Located at 1403 E Street, this 18-unit apartment property dates to 1929 and retains historic architectural character. The building includes a basement, flat roof, forced-air heating, and central air conditioning. On-site laundry and controlled entry provide practical resident amenities, while the property’s apartment configuration supports multifamily residential use.

The property is situated in Lincoln’s Near South neighborhood, blocks from downtown Lincoln and the University of Nebraska–Lincoln City Campus. Area parks, shops, restaurants, and transit are also identified in the surrounding context. Individual units are supported by refrigerators, ovens, washers, and dryers.

Key Highlights

  • 18‑unit apartment building constructed in 1929
  • Near South location blocks from downtown Lincoln and UNL City Campus
  • On‑site laundry and controlled entry

Property Analytics

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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Historic character, central air, controlled entry, and on-site laundry serve residents near downtown Lincoln.
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 $1,155,000.
What are key features of this property?
This property features: 18‑unit apartment building constructed in 1929; Near South location blocks from downtown Lincoln and UNL City Campus; On‑site laundry and controlled entry
More about this property
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