Duplex with Basement Conversion
For Sale
$249,900
1640 S 21st Street, Lincoln, NE 68502
Tenant-occupied property with updated finishes, original woodwork, and a maintained yard.
Property SizeContact for details
Days on Market10
Property Features for 1640 S 21st Street
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Multi Family Home
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,871
Building Details
Year Built
1905
Units
2
Listing Agency:
1st Choice Realty Team
(402) 450-7915
Listed By:
Jared Sasse
(402) 450-7915
Source:
Burrowstracts
Added: Aug 14
Changed: Aug 22
Last Checked: Aug 23 at 12:25PM
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 1st Choice Realty Team
Investment Insights
Based on property information with market context.
Built in 1905, this duplex is arranged across a main level, upper level, and basement. The first unit includes two legal bedrooms, one non-conforming bedroom, three bathroom areas, and two kitchen spaces. The second unit occupies the upper level and provides three rooms with abundant natural light.
Recent property updates include a newer roof and several replacement windows. Unit 1 combines original woodwork with refreshed kitchen and bathroom finishes, while the yard is maintained. The basement configuration offers the potential to add a third unit, subject to applicable approvals. The property is currently tenant occupied.
Recent property updates include a newer roof and several replacement windows. Unit 1 combines original woodwork with refreshed kitchen and bathroom finishes, while the yard is maintained. The basement configuration offers the potential to add a third unit, subject to applicable approvals. The property is currently tenant occupied.
Key Highlights
- Two‑unit property with potential for a third basement unit
- Unit 1 includes 2 legal bedrooms and 1 non‑conforming bedroom
- Three bathroom areas and 2 kitchen spaces in Unit 1
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,066
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied property with updated finishes, original woodwork, and a maintained yard.
Where is this duplex located?
The property is located at 1640 S 21st Street Lincoln, NE.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two‑unit property with potential for a third basement unit; Unit 1 includes 2 legal bedrooms and 1 non‑conforming bedroom; Three bathroom areas and 2 kitchen spaces in Unit 1
