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14-Unit Apartment Building
New
For Sale
$1,090,000

700 S 17th Street, Lincoln, NE 68508

Updated multifamily property with on-site laundry and reserved parking for every residence.

Property SizeContact for details
Days on Market6

Property Features for 700 S 17th Street

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 11 x 2BR/1.5BA, 3 x 1BR/1BA
Multifamily Units 14

Amenities

on-site laundry facility

Building Details

Year Built 1966
Listing Agency: Location Real Estate
Listed By: All Metro Real Estate Group
Source: Homesforsaleomaha
Added: Sep 11 Changed: Sep 15 Last Checked: Sep 15 at 7:35AM

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 Location Real Estate

Investment Insights

Based on property information with market context.

This 14-unit apartment property, built in 1966, includes 11 two-bedroom units with 1.5 baths and three one-bedroom units with one bath. The building was updated in 2024, with six residences receiving full updates. Each apartment has reserved parking, and an on-site laundry facility provides an additional property feature.

The property is located at 700 S 17th Street in Lincoln, near downtown and within proximity to businesses, a major university campus, a sports complex, employment centers, shopping, dining, entertainment, health care facilities, and major transportation routes. The unit mix combines larger two-bedroom residences with one-bedroom apartments in a single multifamily asset.

Key Highlights

  • 14‑unit apartment property with 11 two‑bedroom units and 3 one‑bedroom units
  • Unit mix includes 11 two‑bedroom/1.5‑bath units and 3 one‑bedroom/1‑bath units
  • Building updated in 2024

Property Analytics

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Current Use

Logan Communication Co. Law Firm

Suggested Use

Top Pick Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Butcher Tanning Salon Pet Grooming Service

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

14
Residential units

Location Intelligence

Trade Area within ½ mile

2,498
Businesses Nearby

Demographics for 68508, NE

17,249
Population
7,076
Households
2.4
Avg Household Size
24
Median Age
35%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
5,750
Density / Sq Mi
$33,561
Median Household Income
$10,349
Median Earnings
$760
Median Rent
$121,400
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily property with on-site laundry and reserved parking for every residence.
Where is this apartment building located?
The property is located at 700 S 17th Street Lincoln, NE.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: 14‑unit apartment property with 11 two‑bedroom units and 3 one‑bedroom units; Unit mix includes 11 two‑bedroom/1.5‑bath units and 3 one‑bedroom/1‑bath units; Building updated in 2024
More about this property
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