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12-Unit Apartment Building Package
For Sale
$525,000

3235 S 12th Street S, Lincoln, NE 68502

Two adjoining buildings provide garage access for most apartments, with remote openers included.

Property SizeContact for details
Days on Market32

Property Features for 3235 S 12th Street S

General Information

Standard status Active
Property subtype Multi Family Home

Taxes and HOA fees

Annual Taxes $5,179

Building Details

Year Built 1974
Units 6
Listing Agency: Great Place Properties
Listed By: Lynn Fisher · License #20110100
Source: Hikerealestate
Added: Jul 31 Changed: Aug 30 Last Checked: Aug 30 at 3:13PM

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 Great Place Properties

Investment Insights

Based on property information with market context.

The offering consists of two adjacent apartment buildings sold together, with six units in each building for a combined 12 apartments. The properties were constructed in 1974. Garage access is included with all but one apartment, and the garages have remote openers.

The buildings are located at 3235 S 12th Street S in Lincoln, Nebraska. The package structure provides ownership of both neighboring apartment buildings at one site, with the unit count and garage availability clearly defined across the offering.

Key Highlights

  • Package includes two adjacent six‑unit apartment buildings
  • Combined total of 12 apartments
  • Constructed in 1974

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Parking Lot & Garage Bakery Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

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

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 - Two adjoining buildings provide garage access for most apartments, with remote openers included.
Where is this apartment building located?
The property is located at 3235 S 12th Street S Lincoln, NE.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Package includes two adjacent six‑unit apartment buildings; Combined total of 12 apartments; Constructed in 1974
More about this property
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