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Off market
  • $176,800

    1232 S 16th St, Lincoln, NE 68502

    5beds
    1,945sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $176,800 Zestimate®
    $91/sqft
    $1,997 Estimated rent

    Home value

    $176,800

    $145,000 - $207,000

    $1,997/mo

    Zestimate® history
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    What's special

    Functional kitchenMultiple bedroomsModern fixturesAmple storage

    Spacious 5-Bedroom Home Near Downtown Lincoln 1232 S 16th Street Discover an exceptional rental opportunity at 1232 S 16th Street a 5-bedroom, 2-bathroom, 2,000-sq-ft home perfectly located in Lincoln's desirable Near South/South of Downtown neighborhood. With generous space, modern conveniences, and unbeatable proximity to city amenities, this property is ideal for anyone wanting comfort and convenience in a central location. Inside, you'll find a bright and welcoming main level featuring a large living area with plenty of natural light, a functional kitchen with ample storage, and multiple bedrooms well-suited for families, roommates, or anyone needing extra space for an office or hobby room. Both full bathrooms are well-designed and offer modern fixtures. With five true bedrooms, this home provides flexibility that's hard to find at this price point. At roughly 2,000 sq ft, the layout balances privacy with open living spaces, making it easy to spread out while still enjoying a connected home environment. Location Highlights: Less than 5 minutes from Downtown Lincoln, the Haymarket District, and the University of Nebraska Lincoln. Quick access to O Street, a major hub for dining, entertainment, nightlife, and everyday conveniences. Close to grocery stores, retail shopping, pharmacies, and local restaurants. Near public transit routes, making commuting easy without relying on a car. Minutes from parks, bike paths, and recreation areas for active lifestyles. This home's central position allows you to enjoy the best of Lincoln from its energetic downtown scene to its quiet neighborhood parks all within a short walk or drive. Whether you're a group of students, professionals, or a family needing extra room, 1232 S 16th Street offers the perfect blend of size, location, and value. Homes of this size, this close to downtown, rarely become available. Schedule a viewing today and make this spacious, well-located home your next rental. Owner pays for trash. Tenant is responsible for other utilities.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 1,945 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Garbage included in rent, Heating system: Baseboard, Heating system: Forced Air, Newly renovated, Pet Friendly
    Details
    • Parcel number: 1025325010000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Utilities & green energy

    • Utilities for property: Garbage

    Community & HOA

    Community
    • Deposit fee: $1,800
    Location
    • Region: Lincoln

    Financial & listing details

    • Price per square foot: $91/sqft
    • Tax assessed value: $139,800
    • Annual tax amount: $1,796
    • Date on market: 11/11/2025
    • Date available: 11/11/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    11/27/2025Listing removed$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    11/11/2025Listed for rent$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    11/13/2020Sold$810,000+1372.7%$416/sqft
    Source: Agent Provided Report a problem
    4/16/2018Sold$55,000-3.5%$28/sqft
    Source: GPRMLS #L10142675 Report a problem
    7/1/1999Sold$57,000$29/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,796 -7.9%$139,800
    2024$1,951 -12.4%$139,800 +5.3%
    2023$2,226 +12.5%$132,800 +33.5%
    2022$1,979 -0.2%$99,500
    2021$1,983 +40.4%$99,500 +34.6%
    2020$1,412 +15.3%$73,900 +21.5%
    2019$1,225 +0.5%$60,800
    2018$1,220 +4.5%$60,800 +10.9%
    2017$1,167 +9.4%$54,800
    2016$1,067 $54,800
    2015$1,067 +0.7%$54,800 -1.1%
    2014$1,060 -1.6%$55,400
    2013$1,077 $55,400
    2012-- $55,400 -9.5%
    2011-- $61,200
    2010-- $61,200
    2009-- $61,200 +6.2%
    2008-- $57,640
    2007-- $57,640
    2006-- $57,640
    2005$1,280 +1.3%--
    2004$1,264 --
    2003$1,264 +21.9%--
    2002$1,036 +1%--
    2001$1,026 -2.4%--
    2000$1,052 --
    Find assessor info on the county website

    Neighborhood: Near South

    Nearby schools

    GreatSchools rating
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    $176,800
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    +$3,536
    With Zillow Showcase(estimated)
    $180,336