13-Unit Value-Add Apartment
421 Capitol Beach Boulevard Lincoln, NE 68528
421 Capitol Beach Boulevard, Lincoln, NE, 68528
$1,295,000
For Sale
$1,295,000
MULTI_FAMILY - Lincoln, NE
Days on Market78
Property Features for 421 Capitol Beach Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2
- Parking
- 22
- Interior features
- Accessible, Laundry Facilities, Zero Step Entry
- Exterior features
- Accessible, Zero Step Entry
- Appliances
- Range - Cooktop + Oven, Refrigerator
- Standard status
- Active
- APN
- 10-21-416-013-000
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WOODS BROS LAKEVIEW ACRES, BLOCK 1, Lot 1
- Tax Annual Amount
- 11600
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1974
- Number of units
- 13
Listing Agency
Nebraska Realty
(402) 413-8000
7321 Plaza Ct, Lincoln, NE
Listed by
Tim Woosley
(402) 570-1661
Added: May 4 Updated: Jul 15 at 11:15 pm Checked: Jul 20 at 9:06 pm
MLS# 22615773
Listing URL
Copyright © 2026 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 13-unit apartment building offers a tenant-ready mix of six 1-bedroom units, six 2-bedroom units, and one efficiency unit. The property includes three vacant units, creating an immediate leasing opportunity. All units are all-electric, with tenants responsible for electric service, while the owner pays water, sewer, and trash. Building features include slab-on-grade construction, on-site laundry, storage units, and six zero-entry units.
The property is located near Capitol Beach and downtown Lincoln. It includes 22 off-street parking spaces, supporting resident and tenant parking needs.
For investors or operators seeking a hands-on residential income strategy, the majority of leases are month-to-month, which can support operational flexibility. Ownership is also tied to a landlord-managed Allo Internet program that provides additional owner income. With a mix of unit types and the available vacant units, the building offers a practical foundation for lease-up and ongoing unit management.
The property is located near Capitol Beach and downtown Lincoln. It includes 22 off-street parking spaces, supporting resident and tenant parking needs.
For investors or operators seeking a hands-on residential income strategy, the majority of leases are month-to-month, which can support operational flexibility. Ownership is also tied to a landlord-managed Allo Internet program that provides additional owner income. With a mix of unit types and the available vacant units, the building offers a practical foundation for lease-up and ongoing unit management.
Key Highlights
- 13‑unit multifamily with unit mix of six 1‑bedroom, six 2‑bedroom, and one efficiency unit
- Three vacant units offer immediate lease‑up opportunity
- All units are all‑electric; tenants responsible for electric, while ownership pays water, sewer, and trash
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - A 13-unit all-electric multifamily property with zero-entry units, off-street parking, and on-site laundry.
Where is this apartment building located?
The property is located at 421 Capitol Beach Boulevard 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 multifamily with unit mix of six 1‑bedroom, six 2‑bedroom, and one efficiency unit; Three vacant units offer immediate lease‑up opportunity; All units are all‑electric; tenants responsible for electric, while ownership pays water, sewer, and trash
