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Five-Unit Apartment Building
For Sale
$490,000

2500 J Street, Lincoln, NE 68510

Fully leased property with separate utilities, private entrances, and garage parking.

Property SizeContact for details
Days on Market21

Property Features for 2500 J Street

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 4 x 2BR, 1 x 1BR
Multifamily Units 5

Additional Details

Public Transit Yes

Amenities

shared laundry area
basement storage
fenced yard

Building Details

Year Built 1958
Buildings 1
Tenancy Multi
Listing Agency: Synergy Real Estate & Dev Corp
Listed By: All Metro Real Estate Group
Source: Homesforsaleomaha
Added: Aug 12 Changed: Aug 31 Last Checked: Aug 31 at 2:36PM

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 Synergy Real Estate & Dev Corp

Investment Insights

Based on property information with market context.

Built in 1958, this five-unit apartment property includes four two-bedroom residences and one one-bedroom residence. Four units have dedicated garage stalls, while additional off-street parking is available. Each apartment includes a private rear entrance with stairs leading to a fenced yard, along with individual basement storage. Separate utilities and laundry areas support the unit layout, and water heaters date from 2020 or newer.

The electrical system has been modernized with apartment-specific breaker boxes, a dedicated house panel, expanded load capacity for future dishwasher and kitchen improvements, and relocated meters completed to LES requirements. The work was permitted, code-compliant, and performed by a certified electrician. Interior paint, common-area carpet, and landscaping have also been updated. The property is 100% leased and is located near public transportation, universities, downtown, and neighborhood retail in Lincoln, Nebraska.

Key Highlights

  • Five‑unit configuration: four 2‑bedroom apartments and one 1‑bedroom apartment
  • 100% leased with long‑term tenants in place
  • Four dedicated garage stalls plus additional off‑street parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,032
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 - Fully leased property with separate utilities, private entrances, and garage parking.
Where is this apartment building located?
The property is located at 2500 J Street Lincoln, NE.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Five‑unit configuration: four 2‑bedroom apartments and one 1‑bedroom apartment; 100% leased with long‑term tenants in place; Four dedicated garage stalls plus additional off‑street parking
More about this property
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