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Converted Fourplex
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2400 R St, Lincoln, NE 68503

Unit mix includes one three-bedroom residence and three one-bedroom residences.

Property SizeContact for details
Days on Market144

Property Features for 2400 R St

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 1 x 3BR/1BA, 3 x 1BR/1BA
Multifamily Units 4
Listing Agency: Berkshire Hathaway HomeServices Ambassador Real Estate Lincoln
Listed By: Ben Bleicher · License #NE 20140372
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 3:57AM

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 Berkshire Hathaway HomeServices Ambassador Real Estate Lincoln

Investment Insights

Based on property information with market context.

This converted fourplex contains four residential units with a mixed layout. One residence offers three bedrooms and one bathroom, while the remaining three units each provide one bedroom and one bathroom. The property is located at 2400 R St in Lincoln, Nebraska, near downtown. The existing configuration supports a range of household sizes within a single residential income property.

Key Highlights

  • Converted four‑unit residential property
  • One 3‑bedroom, 1‑bath unit
  • Three 1‑bedroom, 1‑bath units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Butcher Electrical Service Florist Locksmith

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,340
Businesses Nearby

Demographics for 68503, NE

15,064
Population
6,851
Households
2.2
Avg Household Size
28
Median Age
38%
College-Educated
82%
High-School Grad
2.9 sq mi
ZIP Area
5,194
Density / Sq Mi
$50,886
Median Household Income
$27,909
Median Earnings
$974
Median Rent
$158,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Unit mix includes one three-bedroom residence and three one-bedroom residences.
Where is this quadplex located?
The property is located at 2400 R St Lincoln, NE.
What are key features of this property?
This property features: Converted four‑unit residential property; One 3‑bedroom, 1‑bath unit; Three 1‑bedroom, 1‑bath units
More about this property
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