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

700 S 17th Street, Lincoln, NE 68508

MULTIFAMILY, Lincoln, NE

Property SizeContact for details
Days on Market2

Property Features for 700 S 17th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Parking 14
Parking features Off Street
Fencing Chain Link
Subdivision Central Lincoln
Elementary school Mcphee
Middle school Park
High school Lincoln High
Elementary school district Lincoln
Middle school district Lincoln
High school district Lincoln
Directions Use GPS where available for quicker access.
Standard status Active
APN 10-25-133-012-000

Taxes and HOA fees

Tax Year 2025
Tax Description KENNARDS ADDITION TO LINCOLN, BLOCK 1, Lot 13, & N6' LOT 14
Tax Annual Amount 9479
Legal Description KENNARDS ADDITION TO LINCOLN, BLOCK 1, Lot 13, & N6' LOT 14

Utilities

Heating system Forced Air

Amenities

on-site laundry

Building Details

Year built 1966
Number of units 14
Listing Agency: Keller Williams Lincoln · Keller Williams Realty
Listed By: Ousmane Youm
Added: Sep 10 Last Checked: Sep 11 at 4:06PM
MLS# 22626041

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 14-unit apartment building, constructed in 1966, includes 11 two-bedroom/1.5-bath residences and 3 one-bedroom/1-bath residences. The building was updated in 2024, with six units receiving full updates. Forced-air heating serves the property, and each residence has reserved parking. An on-site laundry facility adds a shared amenity and operational feature.

The property is close to downtown Lincoln, a major university campus, a sports complex, employment, shopping, dining, entertainment, health care facilities, and major transportation routes. Off-street parking and chain-link fencing are also included.

Key Highlights

  • 14‑unit apartment building with 11 two‑bedroom/1.5‑bath units and 3 one‑bedroom/1‑bath units
  • Building updated in 2024; six units are fully updated
  • Reserved parking assigned to each unit

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
View Realmo Analytics

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 - Multifamily property with reserved parking, on-site laundry, and access to downtown, employment, shopping, and dining.
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 building with 11 two‑bedroom/1.5‑bath units and 3 one‑bedroom/1‑bath units; Building updated in 2024; six units are fully updated; Reserved parking assigned to each unit
More about this property
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