Adjacent Apartment
For Sale
Contact for pricing
3255 S 12th, Lincoln, NE 68502
Two matching buildings create a straightforward multifamily property with established rental operations.
Property Size7,066 SF
Price / SF$83.36
Days on Market161
Property Features for 3255 S 12th
General Information
Standard status
Active
Size
7,066 SF
Class
B
Property subtype
Multifamily
Building Details
Year Built
1974
Buildings
2
Stories
3
Units
6
Listing Agency:
Great Place Properties
(402) 432-2386
Listed By:
Lynn Fisher · License #20110100
Source:
Crexi
Added: Mar 25
Changed: Aug 30
Last Checked: Sep 1 at 7:16AM
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.
This multifamily property comprises two identical, adjacent apartment buildings totaling 7,066 square feet. Built in 1974, the buildings offer a consolidated configuration for ownership and management across the property.
The asset is positioned near the University of Nebraska-Lincoln and the Nebraska State Capitol. Historical vacancy has remained below 3%, with occupancy supported by a tenant base that includes long-term residents and local workforce professionals.
The asset is positioned near the University of Nebraska-Lincoln and the Nebraska State Capitol. Historical vacancy has remained below 3%, with occupancy supported by a tenant base that includes long-term residents and local workforce professionals.
Key Highlights
- Two identical apartment buildings located side by side
- 7,066 square feet of multifamily property
- Built in 1974
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,008
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two matching buildings create a straightforward multifamily property with established rental operations.
Where is this apartment building located?
The property is located at 3255 S 12th Lincoln, NE.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Two identical apartment buildings located side by side; 7,066 square feet of multifamily property; Built in 1974
