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6-Unit Conversion Apartment Building
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1928 E St, Lincoln, NE 68510

1910-built multifamily property with a basement apartment, separately rented garage, and two off-street parking spaces.

Property SizeContact for details
Days on Market5

Property Features for 1928 E St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multifamily

Units

Unit Mix 1 x studio, 1 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units 6

Building Details

Year Built 1910
Units 6
Listing Agency: Realty Works Group Giving Realty
Listed By: Miriah Zajic · License #NE 20180425
Source: Crexi
Added: Aug 7 Changed: Aug 11 Last Checked: Aug 11 at 7:14AM

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.

Built in 1910, this converted multifamily property contains six apartments with a varied configuration: one studio, one two-bedroom, one-bath apartment, and four one-bedroom, one-bath apartments. Five units are leased, while the basement apartment requires remodeling before it can be placed into service.

The property also includes a two-car garage that is rented separately and two off-street parking spaces. Located at 1928 E St in Lincoln, Nebraska, the building combines residential units with additional garage and parking components within the same property.

The unit mix accommodates both studio and traditional one-bedroom and two-bedroom layouts, providing a defined six-unit apartment configuration for continued ownership or repositioning.

Key Highlights

  • Six‑unit apartment conversion with one studio, one 2‑bedroom, 1‑bath unit, and four 1‑bedroom, 1‑bath units
  • Five apartments are currently leased
  • Basement apartment requires remodeling before rental

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Butcher

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby

Demographics for 68510, NE

20,669
Population
9,871
Households
2.1
Avg Household Size
38
Median Age
40%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
4,493
Density / Sq Mi
$64,183
Median Household Income
$41,632
Median Earnings
$857
Median Rent
$221,200
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 - 1910-built multifamily property with a basement apartment, separately rented garage, and two off-street parking spaces.
Where is this apartment building located?
The property is located at 1928 E St Lincoln, NE.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Six‑unit apartment conversion with one studio, one 2‑bedroom, 1‑bath unit, and four 1‑bedroom, 1‑bath units; Five apartments are currently leased; Basement apartment requires remodeling before rental
More about this property
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