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13-Unit Apartment Building
For Sale
$1,295,000

421 Capitol Beach Blvd, Lincoln, NE 68528

All-electric multifamily property with on-site laundry, storage, and off-street parking.

Property Size1,675 SF
Price / SF$773.13
Days on Market64

Property Features for 421 Capitol Beach Blvd

General Information

Standard status Active
Size 1,675 SF
Total Parking Spaces 22
Property subtype Residential Income

Units

Unit Mix 6 x 1BR, 6 x 2BR, 1 x efficiency
Multifamily Units 13

Additional Details

Asking Price $1,295,000
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $11,600

Amenities

on-site laundry
storage units
zero-entry units

Building Details

Construction slab-on-grade
Listing Agency: Nebraska Realty
Listed By: Timothy C. Woosley
Source: Exprealty
Added: Jun 5 Changed: Aug 2 Last Checked: Aug 2 at 7:00AM

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 Nebraska Realty

Investment Insights

Based on property information with market context.

This 13-unit apartment property includes six one-bedroom residences, six two-bedroom residences, and one efficiency unit. Six units have zero-entry access, while on-site amenities include laundry facilities, storage units, and 22 off-street parking spaces. The buildings use slab-on-grade construction, and all apartments are electric. Residents pay their own electric service; ownership covers water, sewer, and trash.

The property is located at 421 Capitol Beach Blvd in Lincoln, near Capitol Beach and downtown Lincoln. Three apartments are vacant, and most occupied units are leased month to month. A landlord-managed Allo Internet program is also in place and generates additional owner income.

Key Highlights

  • 13‑unit apartment property with six 1‑bedroom, six 2‑bedroom, and one efficiency unit
  • Three vacant units and majority month‑to‑month leases
  • 22 off‑street parking spaces, on‑site laundry, and storage units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Dental Office Hair Salon Plumbing Service Spa & Massage Center Real Estate Agency

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

13
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby

Demographics for 68528, NE

6,929
Population
2,899
Households
2.4
Avg Household Size
31
Median Age
44%
College-Educated
97%
High-School Grad
16.5 sq mi
ZIP Area
420
Density / Sq Mi
$75,000
Median Household Income
$40,998
Median Earnings
$1,227
Median Rent
$243,700
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 - All-electric multifamily property with on-site laundry, storage, and off-street parking.
Where is this apartment building located?
The property is located at 421 Capitol Beach Blvd Lincoln, NE.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 13‑unit apartment property with six 1‑bedroom, six 2‑bedroom, and one efficiency unit; Three vacant units and majority month‑to‑month leases; 22 off‑street parking spaces, on‑site laundry, and storage units
More about this property
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