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6-Unit Apartment Building
New
For Sale
$640,000

520 S 27 Street, Lincoln, NE 68510

MULTIFAMILY, Lincoln, NE

Property SizeContact for details
Days on Market3

Property Features for 520 S 27 Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 5, Basement, Bathroom 6, Bathroom 1, Bathroom 3
Parking 6
Parking features Off Street
Subdivision Elm Park
Lot features Alley
Elementary school Elliott
Middle school Lefler
High school Lincoln High
Elementary school district Lincoln
Middle school district Lincoln
High school district Lincoln
Directions Consult GPS (access parking through alley)
Standard status Active
APN 17-30-111-009-000

Taxes and HOA fees

Tax Year 2025
Tax Description ELM PARK, BLOCK 3, Lot 16, EX ST
Tax Annual Amount 3052
Legal Description ELM PARK, BLOCK 3, Lot 16, EX ST

Utilities

Heating system Forced Air

Building Details

Year built 1974
Number of units 6
Roof type Composition
Buildings 1
Listing Agency: SimpliCity Real Estate
Listed By: Wade Bartels
Added: Nov 4 Last Checked: Nov 6 at 10:06AM
MLS# 22631504

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.

Rey
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Investment Insights

Based on property information with market context.

The 1974 apartment building contains six matching units, each with 728 square feet, one bedroom, one full bathroom, and a walk-in closet. The interiors have been remodeled, and the exterior is mostly brick. Forced-air heating serves the property, which has a composition roof.

Parking is provided on a private concrete pad accessed from the alley. The address is 520 S 27 Street in Lincoln, Nebraska.

Key Highlights

  • Six units, each with 728 square feet, one bedroom, one full bath, and a walk‑in closet
  • Interiors remodeled after a complete gut renovation
  • Private concrete parking pad accessed from the alley

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

948
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six matching residences each provide a bedroom, full bath, walk-in closet, and off-street parking.
Where is this apartment building located?
The property is located at 520 S 27 Street Lincoln, NE.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Six units, each with 728 square feet, one bedroom, one full bath, and a walk‑in closet; Interiors remodeled after a complete gut renovation; Private concrete parking pad accessed from the alley
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