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All-Brick Duplex with Detached Garage
For Sale
$298,000

835-837 S 40th Street, Lincoln, NE 68510

Fully occupied duplex with full basements, additional storage, and month-to-month leases.

Property SizeContact for details
Days on Market122

Property Features for 835-837 S 40th Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family Home
Occupancy 100%

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,283

Amenities

detached garage
full basement

Building Details

Year Built 1960
Buildings 1
Units 2
Construction all-brick
Listing Agency: Capitol Realty
Listed By: Emma Gonzales
Source: Burrowstracts
Added: Apr 8 Changed: Aug 5 Last Checked: Aug 6 at 12:18PM

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 Capitol Realty

Investment Insights

Based on property information with market context.

Located at 835-837 S 40th Street in central Lincoln, this fully occupied duplex offers two residential units in an all-brick building constructed in 1960. Each unit includes 2 bedrooms, 1 bathroom, a functional layout, and a full basement that adds storage space and may support future finishing. A detached garage is also included.

The property is currently leased on a month-to-month basis, with rental income in place at closing. All-brick construction provides a durable exterior, while the existing occupancy offers an established operating profile. The property is being sold as-is.

Key Highlights

  • Two‑unit duplex at 835‑837 S 40th Street, Lincoln, NE 68510
  • Each unit includes 2 bedrooms and 1 bathroom
  • Full basement in each unit provides additional storage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Plumbing 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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

731
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

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?
Duplex - Fully occupied duplex with full basements, additional storage, and month-to-month leases.
Where is this duplex located?
The property is located at 835-837 S 40th Street Lincoln, NE.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: Two‑unit duplex at 835‑837 S 40th Street, Lincoln, NE 68510; Each unit includes 2 bedrooms and 1 bathroom; Full basement in each unit provides additional storage
More about this property
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