Turnkey 6-Plex Investment Opportunity – Strong Cash Flow & Recent Updates! This well-maintained 6-unit multifamily property features all 1-bedroom, 1-bathroom units with individual living spaces—ideal for attracting long-term tenants in today’s rental market. With a current total monthly rent of $4,515 plus an additional $150–$200/month in laundry income, the property generates a strong annual income between $55,980 and $56,580. Units #2, #5, and #6 have been recently updated, offering a mix of modern finishes and consistent rental performance. Unit #5 has undergone an extensive remodel, making it a standout unit within the property. Unit #6 was upgraded with a new mini-split system installed on March 1, 2025, providing efficient heating and cooling. Allo Fiber internet has been run to the building and on-site laundry provides extra income and convenience for tenants. This property is a solid investment opportunity for both seasoned and new investors, with immediate cash flow.
Sold for $525,000
$525,000
1025 C St, Lincoln, NE 68502
6beds
--sqft
Multi Family
Built in 1966
-- sqft lot
$-- Zestimate®
$--/sqft
$2,283 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,283/mo
Zestimate® history
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List your homeWhat's special
Individual living spacesEfficient heating and coolingModern finishesExtensive remodelNew mini-split system
Zillow last checked:
Listing updated:
Listed by:
Ryan Pierce 402-770-7559,
SimpliCity Real Estate,
Joe Kubick 402-890-3069,
SimpliCity Real Estate
Bought with:
Jenni Limbach, 20200393
Arrow Brokerage
Source: GPRMLS,MLS#: 22511735
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric, Other
Cooling
- Other
Appliances
- Included: Range, Refrigerator
- Laundry: Common Area
Features
- Basement: Walk-Out Access
- Has fireplace: No
Property
Parking
- Total spaces: 10
- Parking features: No Garage
- Covered spaces: 10
Features
- Fencing: None
Lot
- Size: 7,100 sqft
- Dimensions: 50 x 142
- Features: Up to 1/4 Acre.
Details
- Parcel number: 1026429006000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick/Other, Frame
- Foundation: Block
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lincoln
- Subdivision: ORIGINAL LINCOLN
HOA & financial
Other financial information
- Total actual rent: 4515
Other
Other facts
- Listing terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2025 | Sold | $525,000-4.5% |
Source:  GPRMLS #22511735 Report a problem | ||
| 6/19/2025 | Pending sale | $549,900 |
Source: GPRMLS #22511735 Report a problem | ||
| 5/2/2025 | Listed for sale | $549,900+35.8% |
Source: GPRMLS #22511735 Report a problem | ||
| 10/12/2023 | Sold | $405,000-3.5% |
Source: GPRMLS #22314207 Report a problem | ||
| 8/8/2023 | Pending sale | $419,900 |
Source: GPRMLS #22314207 Report a problem | ||
| 6/28/2023 | Listed for sale | $419,900+29.6% |
Source: GPRMLS #22314207 Report a problem | ||
| 1/25/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 1/18/2022 | Listed for rent | $600+25.3% |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 2/1/2021 | Sold | $324,000+17.8% |
Source: Agent Provided Report a problem | ||
| 12/3/2020 | Listing removed | $479 |
Source: Zillow Rental Manager Report a problem | ||
| 11/19/2020 | Price change | $479-4% |
Source: Zillow Rental Manager Report a problem | ||
| 11/5/2020 | Price change | $499-9.1% |
Source: Zillow Rental Manager Report a problem | ||
| 9/25/2020 | Listed for rent | $549 |
Source: Zillow Rental Manager Report a problem | ||
| 8/24/2018 | Sold | $275,000-1.8% |
Source: Public Record Report a problem | ||
| 1/4/2018 | Price change | $280,000-6.7% |
Source: BHHS Ambassador Real Estate #10143154 Report a problem | ||
| 10/6/2017 | Listed for sale | $300,000+2496.3% |
Source: BHHS Ambassador Real Estate #10141399 Report a problem | ||
| 5/24/2016 | Sold | $11,555-92.4% |
Source: Public Record Report a problem | ||
| 7/31/2001 | Sold | $153,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,419 -5.1% | $343,900 +5% |
| 2024 | $4,656 -0.3% | $327,500 +17.6% |
| 2023 | $4,669 -7.4% | $278,600 +9.9% |
| 2022 | $5,041 +11.5% | $253,500 +11.8% |
| 2021 | $4,520 +39.2% | $226,800 +33.4% |
| 2020 | $3,248 -5.2% | $170,000 |
| 2019 | $3,426 +0.5% | $170,000 |
| 2018 | $3,410 +4.5% | $170,000 +10.5% |
| 2017 | $3,263 +8.9% | $153,900 |
| 2016 | $2,997 | $153,900 |
| 2015 | $2,997 +0.7% | $153,900 -1.2% |
| 2014 | $2,976 -1.7% | $155,700 |
| 2013 | $3,028 | $155,700 |
| 2012 | -- | $155,700 +1.3% |
| 2011 | -- | $153,700 |
| 2010 | -- | $153,700 |
| 2009 | -- | $153,700 -2.6% |
| 2008 | -- | $157,800 |
| 2007 | -- | $157,800 |
| 2006 | -- | $157,800 |
| 2005 | $3,095 +1.3% | -- |
| 2004 | $3,055 | -- |
| 2003 | $3,055 +4.4% | -- |
| 2002 | $2,927 +6.7% | -- |
| 2001 | $2,743 +3.4% | -- |
| 2000 | $2,652 | -- |
Find assessor info on the county website
Neighborhood: Everett
Nearby schools
GreatSchools rating
- 4/10Everett Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Park Middle SchoolGrades: 6-8Distance: 0.4 mi
- 2/10Lincoln High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Everett
- Middle: Park
- High: Lincoln High
- District: Lincoln
Source: GPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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