Updated Duplex with Off-Street
For Sale
$269,900
945 F St, Lincoln, NE 68508
Fully occupied two-unit property with refreshed interiors, practical layouts, and tenant parking outside the street.
Property Size2,590 SF
Price / SF$104.21
Days on Market59
Property Features for 945 F St
General Information
Standard status
Active
Size
2,590 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Everett
Taxes and HOA fees
Annual Taxes
$1,588
Listing Agency:
Nebraska Realty
(402) 413-8000
Listed By:
Randall W. Ralston
(402) 560-5387
Source:
Exprealty
Added: Sep 3
Changed: Oct 25
Last Checked: Oct 30 at 5:49PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains 2,590 square feet arranged as two separate residences: one with 2 bedrooms and 1 bathroom, and another with 3 bedrooms and 1 bathroom. Both units have received updates to their kitchens, bathrooms, flooring, and paint, while air conditioning was added in 2024. The interiors provide functional living arrangements and ample common living areas for each household.
The property is fully rented, with tenants already in place. Off-street parking serves the residences, and furnishings connected to the existing rental arrangement may be available with an acceptable offer. Located at 945 F St in Lincoln, Nebraska, the asset offers an established two-unit configuration with current occupancy.
The property is fully rented, with tenants already in place. Off-street parking serves the residences, and furnishings connected to the existing rental arrangement may be available with an acceptable offer. Located at 945 F St in Lincoln, Nebraska, the asset offers an established two-unit configuration with current occupancy.
Key Highlights
- 2,590‑square‑foot duplex with two separate residential units
- Unit mix includes 2‑bed/1‑bath and 3‑bed/1‑bath residences
- Both units updated with improvements to kitchens, baths, flooring, and paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,872
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,440
$477.4K
Cap Rate 7%
$341,029
$341.0K
Cap Rate 9%
$265,244
$265.2K
Market Conditions
NOI Build-Up for 2,590 SF
Gross rent
$45.7K $17.64/SF
− Vacancy
−$2.3K −$0.88/SF
EGI
$43.4K $16.76/SF
− OpEx
−$19.5K −$7.54/SF
NOI
$23.9K $9.22/SF
Area
Lincoln, NE
Vacancy
5.00%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,440
Cap Rate 7%
$341,029
Cap Rate 9%
$265,244
Alternative Uses
Best Use
Multifamily LT 5
$367.1K
$321.2K – $428.3K
NOI $25,699 @ 7.0% cap · market cap 9.52%
Second Best
Apartment 5plus
$341.0K
$298.4K – $397.9K
NOI $23,872 @ 7.0% cap · market cap 8.84%
Theoretical Best
Office A
$635.0K
$555.6K – $740.8K
NOI $44,447 @ 7.0% cap · market cap 16.47%
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
Location Intelligence
Trade Area within ½ mile
1,616
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied two-unit property with refreshed interiors, practical layouts, and tenant parking outside the street.
Where is this duplex located?
The property is located at 945 F St Lincoln, NE.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 2,590‑square‑foot duplex with two separate residential units; Unit mix includes 2‑bed/1‑bath and 3‑bed/1‑bath residences; Both units updated with improvements to kitchens, baths, flooring, and paint
