Brick Duplex with Central
For Sale
$199,800
2345 F St, Lincoln, NE 68510
Two-unit property with shared laundry, alley access, and substantial resident parking.
Property Size1,325 SF
Price / SF$150.79
Days on Market50
Property Features for 2345 F St
General Information
Standard status
Active
Size
1,325 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Woods Park
Road Access
Yes
Additional Details
Multifamily Units
2
Amenities
shared laundry
central air
Building Details
Year Built
1962
Buildings
1
Construction
brick
Tenancy
Single
Listing Agency:
SimpliCity Real Estate
Listed By:
Brandon Roseberry
(402) 318-9879
Source:
Thatcheromaha
Added: Sep 12
Changed: Oct 25
Last Checked: Oct 30 at 5:10PM
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 SimpliCity Real Estate
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Investment Insights
Based on property information with market context.
This 1962 brick duplex offers an upper-and-lower layout with central air serving both residences. Both units have updated electrical panels, and shared laundry adds a practical common amenity. One residence is vacant and available for occupancy, while the upstairs unit is occupied under a month-to-month lease.
The property is located at 2345 F St in Lincoln, Nebraska, with alley access and substantial parking on site. Its two-unit configuration supports continued rental use or owner occupancy alongside an existing tenant arrangement.
The property is located at 2345 F St in Lincoln, Nebraska, with alley access and substantial parking on site. Its two-unit configuration supports continued rental use or owner occupancy alongside an existing tenant arrangement.
Key Highlights
- Two‑unit brick duplex at 2345 F St, Lincoln, NE 68510
- Built in 1962
- Central air installed in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,147
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,940
$262.9K
Cap Rate 7%
$187,814
$187.8K
Cap Rate 9%
$146,078
$146.1K
Market Conditions
NOI Build-Up for 1,325 SF
Gross rent
$19.9K $15.00/SF
− Vacancy
−$1.1K −$0.83/SF
EGI
$18.8K $14.17/SF
− OpEx
−$5.6K −$4.25/SF
NOI
$13.1K $9.92/SF
Area
Lincoln, NE
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,940
Cap Rate 7%
$187,814
Cap Rate 9%
$146,078
Alternative Uses
Best Use
Multifamily LT 5
$187.8K
$164.3K – $219.1K
NOI $13,147 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$174.5K
$152.7K – $203.5K
NOI $12,212 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$324.8K
$284.2K – $379.0K
NOI $22,738 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with shared laundry, alley access, and substantial resident parking.
Where is this duplex located?
The property is located at 2345 F St Lincoln, NE.
What is the asking price?
The asking price for this property is $199,800.
What are key features of this property?
This property features: Two‑unit brick duplex at 2345 F St, Lincoln, NE 68510; Built in 1962; Central air installed in both units
