Side-by-Side Duplex with Attached
For Sale
$375,000
Pending
6241 S 28th St, Lincoln, NE 68504
Two matching residences offer private decks, in-unit laundry, and three-bedroom layouts in south Lincoln.
Property Size3,400 SF
Lot Size0.25 Acres
Days on Market21
Property Features for 6241 S 28th St
General Information
Standard status
Pending
Size
3,400 SF
Lot size
0.25 Acres
Property subtype
Residential Income
Occupancy
100%
Site & Location
Neighborhood
Southern Hills
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Gross Income
$39,600
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,867
Amenities
vaulted living rooms
attached garages
in-unit laundry
private decks
Building Details
Buildings
1
Listing Agency:
Nebraska Realty
(402) 413-8000
Listed By:
Julie M. Ralston
(402) 560-5377
Source:
Exprealty
Added: Oct 7
Changed: Oct 25
Last Checked: Oct 26 at 7:07PM
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
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Investment Insights
Based on property information with market context.
This side-by-side duplex contains two residences with matching layouts, each offering three bedrooms, two bathrooms, a vaulted living room, in-unit laundry, a private deck, and an attached two-stall garage. The property totals 3,400 square feet on a 1/4-acre lot. One residence has updated kitchen appliances, a countertop, and LVP flooring.
The property is in south Lincoln, near SouthPointe Mall, Tierra Park, schools, and grocery stores. Both units are rented, with monthly rents of $1,550 and $1,750, respectively.
The property is in south Lincoln, near SouthPointe Mall, Tierra Park, schools, and grocery stores. Both units are rented, with monthly rents of $1,550 and $1,750, respectively.
Key Highlights
- Two side‑by‑side residences with matching layouts
- 3,400 square feet on a 1/4‑acre lot
- Each unit has 3 bedrooms, 2 bathrooms, and a vaulted living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,737
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,740
$674.7K
Cap Rate 7%
$481,957
$482.0K
Cap Rate 9%
$374,856
$374.9K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$51.0K $15.00/SF
− Vacancy
−$2.8K −$0.83/SF
EGI
$48.2K $14.17/SF
− OpEx
−$14.5K −$4.25/SF
NOI
$33.7K $9.92/SF
Area
Lincoln, NE
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,740
Cap Rate 7%
$481,957
Cap Rate 9%
$374,856
Alternative Uses
Best Use
Multifamily LT 5
$482.0K
$421.7K – $562.3K
NOI $33,737 @ 7.0% cap · market cap 9.00%
Second Best
Apartment 5plus
$447.7K
$391.7K – $522.3K
NOI $31,337 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$833.5K
$729.3K – $972.5K
NOI $58,347 @ 7.0% cap · market cap 15.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Explore this area
Business Placement
Demographics for 68504, NE
17,155
Population
8,793
Households
2
Avg Household Size
31
Median Age
33%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
2,451
Density / Sq Mi
$52,159
Median Household Income
$32,787
Median Earnings
$1,014
Median Rent
$169,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences offer private decks, in-unit laundry, and three-bedroom layouts in south Lincoln.
Where is this duplex located?
The property is located at 6241 S 28th St Lincoln, NE.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two side‑by‑side residences with matching layouts; 3,400 square feet on a 1/4‑acre lot; Each unit has 3 bedrooms, 2 bathrooms, and a vaulted living room
