Showings will be held: Tuesday 2/18 12pm-1pm and Wednesday 2/19 12pm-1pm. 1990 Built 4plex perfect for house-hacking or investing. Potential Rents to $4800 per month beating the 1% rule! Featuring four spacious units, each with 3 bedrooms and 1.5 bathrooms. Two of the units have been beautifully remodeled with modern upgrades, including new flooring, fresh paint, updated kitchens, and stylish bathrooms, while the other two units remain well-kept and ready for tenants. Three out of four units currently tenant occupied. With strong rental income potential, this property is ideal for investors or owner-occupants looking to generate steady cash flow. Additional features include ample parking and a convenient location near shopping, schools, and public transportation.
Sold for $460,000
$460,000
1620 Prospect St, Lincoln, NE 68502
6beds
--sqft
Multi Family
Built in 1990
-- sqft lot
$-- Zestimate®
$--/sqft
$1,625 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,625/mo
Zestimate® history
Owner options
List your home for rent
$1,625/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,625/mo
Rent Zestimate®
Refinance and save
$2,952/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,952/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Ample parkingModern upgradesStylish bathroomsUpdated kitchensNew flooringFresh paintSpacious units
Zillow last checked:
Listing updated:
Listed by:
Wyatt Simon 402-940-8484,
Realty ONE Group Sterling
Bought with:
Deonne Herman, 800142
HOME Real Estate
Source: GPRMLS,MLS#: 22503857
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- Partial bathrooms: 2
Heating
- Electric, Forced Air
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Total spaces: 4
- Parking features: No Garage
- Covered spaces: 4
Features
- Fencing: None
Lot
- Size: 7,200 sqft
- Dimensions: 144 x 50
- Features: Up to 1/4 Acre.
Details
- Parcel number: 1036117008000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Slab
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lincoln
- Subdivision: BURRS
HOA & financial
Other financial information
- Total actual rent: 2400
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2025 | Sold | $460,000+2.2% |
Source:  GPRMLS #22503857 Report a problem | ||
| 3/10/2025 | Pending sale | $450,000 |
Source: GPRMLS #22503857 Report a problem | ||
| 3/8/2025 | Listed for sale | $450,000 |
Source: GPRMLS #22503857 Report a problem | ||
| 2/25/2025 | Pending sale | $450,000 |
Source: GPRMLS #22503857 Report a problem | ||
| 2/13/2025 | Listed for sale | $450,000+87.5% |
Source: GPRMLS #22503857 Report a problem | ||
| 2/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/15/2020 | Listing removed | $900 |
Source: Owner Report a problem | ||
| 8/24/2019 | Listed for rent | $900+5.9% |
Source: Owner Report a problem | ||
| 4/28/2019 | Listing removed | $850 |
Source: Owner Report a problem | ||
| 3/30/2019 | Listed for rent | $850 |
Source: Owner Report a problem | ||
| 2/5/2019 | Listing removed | $850 |
Source: Owner Report a problem | ||
| 10/2/2018 | Listed for rent | $850+3% |
Source: Owner Report a problem | ||
| 8/10/2017 | Listing removed | $825 |
Source: Owner Report a problem | ||
| 6/14/2017 | Listed for rent | $825 |
Source: Owner Report a problem | ||
| 7/28/2015 | Sold | $240,000-4% |
Source: GPRMLS #L10121753 Report a problem | ||
| 5/8/2015 | Listed for sale | $250,000+19% |
Source: Nebraska Home Sales #10121753 Report a problem | ||
| 10/18/2000 | Sold | $210,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,192 -1.4% | $404,100 +5% |
| 2024 | $5,267 -22.2% | $384,800 -4.8% |
| 2023 | $6,771 +2.2% | $404,000 +21.2% |
| 2022 | $6,626 +13.1% | $333,200 +13.3% |
| 2021 | $5,859 +25.2% | $294,000 +20% |
| 2020 | $4,681 -5.2% | $245,000 |
| 2019 | $4,937 +0.5% | $245,000 |
| 2018 | $4,915 +4.5% | $245,000 +14.2% |
| 2017 | $4,703 +12.5% | $214,600 |
| 2016 | $4,179 | $214,600 |
| 2015 | $4,179 +0.7% | $214,600 +11.2% |
| 2014 | $4,150 +10.6% | $193,000 |
| 2013 | $3,754 | $193,000 |
| 2012 | -- | $193,000 -4.9% |
| 2011 | -- | $203,000 |
| 2010 | -- | $203,000 |
| 2009 | -- | $203,000 -6.6% |
| 2008 | -- | $217,400 |
| 2007 | -- | $217,400 |
| 2006 | -- | $217,400 |
| 2005 | $4,163 +1.3% | -- |
| 2004 | $4,110 | -- |
| 2003 | $4,110 +3.2% | -- |
| 2002 | $3,983 +6.7% | -- |
| 2001 | $3,733 +3.4% | -- |
| 2000 | $3,609 | -- |
Find assessor info on the county website
Neighborhood: Near South
Nearby schools
GreatSchools rating
- 4/10Prescott Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Irving Middle SchoolGrades: 6-8Distance: 0.8 mi
- 2/10Lincoln High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Prescott
- Middle: Irving
- 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Nebraska
- Lancaster County
- Lincoln
- 68502
- Near South
- 1620 Prospect St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Lincoln Topics
