Search
Leased Duplex

945 F Street, Lincoln, NE 68508

For Sale
$259,900

RESIDENTIAL, 2 Story, Lincoln, NE

Property Size2,029 SF
Lot Size0.11 Acres
Price / SF$128.09
Days on Market73

Property Features for 945 F Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 2, Laundry Room, Bedroom 1, Bedroom 4
Patio and Porch features Porch
Interior features Cable Available
Exterior features Porch
Appliances Dryer, Range, Refrigerator, Washer
Subdivision Near South - CVDU
Lot features Corner Lot, Curb and Gutter, In City, Paved Road, Public Sidewalk, Sloping
Elementary school Everett
Middle school Park
High school Lincoln High
Elementary school district Lincoln Public Schools
Middle school district Lincoln Public Schools
High school district Lincoln Public Schools
Directions Use GPS
Standard status Active
APN 10-26-408-002-000
Size 2,029 SF
Lot size 0.11 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LINCOLN ORIGINAL, BLOCK 176, Lot 1, N92'
Tax Annual Amount 1588
Legal Description LINCOLN ORIGINAL, BLOCK 176, Lot 1, N92'

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Amenities

in-unit laundry

Building Details

Year built 1900
Floors in Building 2
Flooring type Carpet, Wood, Vinyl, Concrete
Roof type Composition
Architectural style Other
Buildings 1
Listing Agency: Nebraska Realty
Listed By: Randy Ralston
Added: Sep 3 Changed: Nov 13 Last Checked: Nov 14 at 12:06AM
MLS# 22632278

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.

Rey
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.

At 945 F Street in Lincoln, this 2,029-square-foot duplex was built in 1900 and sits on a 0.11-acre lot. Its two residences have separate floor plans: one offers two bedrooms and one bathroom, while the other has three bedrooms, one bathroom, and in-unit laundry. Both units have updated kitchens and bathrooms, with wood flooring in much of the interior. A porch and central air conditioning are additional features.

Both units are currently rented. The property includes a washer, dryer, range, and refrigerator. Heating is forced air, and the roof is composition.

Key Highlights

  • Two occupied units with leases in place
  • 2,029‑square‑foot duplex on a 0.11‑acre lot
  • Unit mix: 2 bedrooms and 1 bathroom; 3 bedrooms and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,133
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,660 $402.7K
Cap Rate 7%
$287,614 $287.6K
Cap Rate 9%
$223,700 $223.7K
Market Conditions
NOI Build-Up for 2,029 SF
Gross rent
$30.4K $15.00/SF
− Vacancy
−$1.7K −$0.83/SF
EGI
$28.8K $14.17/SF
− OpEx
−$8.6K −$4.25/SF
NOI
$20.1K $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%
$402,660
Cap Rate 7%
$287,614
Cap Rate 9%
$223,700

Alternative Uses

Best Use
Multifamily LT 5
$287.6K
$251.7K – $335.6K (±1% cap)
NOI $20,133 @ 7.0% cap · market cap 7.75%
Second Best
Apartment 5plus
$267.2K
$233.8K – $311.7K (±1% cap)
NOI $18,701 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$497.4K
$435.3K – $580.3K (±1% cap)
NOI $34,820 @ 7.0% cap · market cap 13.40%
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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,616
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

Average Price Trend$/SF for Duplexes in Lincoln, NE

$324 Jul
$232 Aug
$210 Sep
$212 Oct

Properties on Market for Duplexes in Lincoln

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The property contains two occupied residences, each with an existing lease.
Where is this duplex located?
The property is located at 945 F Street Lincoln, NE.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two occupied units with leases in place; 2,029‑square‑foot duplex on a 0.11‑acre lot; Unit mix: 2 bedrooms and 1 bathroom; 3 bedrooms and 1 bathroom
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Why hide this one?