Beautiful multi-unit conversion with strong income potential! Property features 2 units with opportunity to add a 3rd unit in the basement. Unit 1 (Main + Basement): 2 legal bedrooms + 1 non-conforming bedroom, 3 bathroom areas, and 2 kitchen spaces. Unit 2 (Upper Level): 3 rooms with abundant natural light. Home offers a newer roof, several updated windows, and a well-maintained yard. Interior features include original woodwork along with updated kitchen and bathroom finishes in Unit 1. Property is currently tenant occupied. Great opportunity for investors or owner-occupants seeking a versatile property with additional value-add potential.
For sale
$249,900
1640 S 21st St, Lincoln, NE 68502
5beds
2,576sqft
Duplex
Built in 1905
-- sqft lot
$244,900 Zestimate®
$97/sqft
$-- HOA
What's special
Original woodworkWell-maintained yardSeveral updated windowsNewer roof
- 14 days
- 428
- 36
Zillow last checked:
Listing updated:
Listed by:
Jared Sasse 402-450-7915,
1st Choice Realty Team
Source: GPRMLS,MLS#: 22623699
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Bedroom 5
- Level: Second
Basement
- Area: 988
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,576
- Total interior livable area: 2,576 sqft
- Finished area above ground: 1,976
- Finished area below ground: 600
Property
Features
- Levels: Two
- Patio & porch: Porch, Patio, Deck
- Exterior features: Other
- Fencing: Full
Lot
- Size: 7,143 Square Feet
- Dimensions: 143 x 50
- Features: Up to 1/4 Acre.
Details
- Parcel number: 1036215008000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Foundation: Block
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Near South
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $223,500
- Annual tax amount: $2,871
- Date on market: 8/18/2026
- Listing terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
Estimated market value
$244,900
$233,000 - $257,000
$1,241/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Listed for sale | $249,900-3.5%$97/sqft |
Source:  GPRMLS #22623382 Report a problem | ||
| 6/19/2026 | Listing removed | $259,000$101/sqft |
Source: GPRMLS #22607527 Report a problem | ||
| 4/21/2026 | Price change | $259,000-3.7%$101/sqft |
Source: GPRMLS #22607527 Report a problem | ||
| 3/23/2026 | Listed for sale | $269,000+34.5%$104/sqft |
Source: GPRMLS #22607527 Report a problem | ||
| 2/15/2023 | Sold | $200,000-11.1%$78/sqft |
Source: GPRMLS #22228683 Report a problem | ||
| 1/3/2023 | Pending sale | $225,000$87/sqft |
Source: GPRMLS #22228683 Report a problem | ||
| 12/10/2022 | Listed for sale | $225,000+312.8%$87/sqft |
Source: GPRMLS #22228683 Report a problem | ||
| 4/10/2012 | Sold | $54,500$21/sqft |
Source: GPRMLS #L10095981 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,872 -8% | $223,500 |
| 2024 | $3,122 -11.8% | $223,500 +5.9% |
| 2023 | $3,538 +59.1% | $211,100 +88.8% |
| 2022 | $2,223 -0.2% | $111,800 |
| 2021 | $2,228 +21.1% | $111,800 +16.1% |
| 2020 | $1,840 +18.6% | $96,300 +25.1% |
| 2019 | $1,552 +0.5% | $77,000 |
| 2018 | $1,545 +4.5% | $77,000 +10% |
| 2017 | $1,478 +8.4% | $70,000 |
| 2016 | $1,363 | $70,000 |
| 2015 | $1,363 +0.7% | $70,000 +28.4% |
| 2014 | $1,354 +27.7% | $54,500 |
| 2013 | $1,060 | $54,500 |
| 2012 | -- | $54,500 -40.4% |
| 2011 | -- | $91,500 |
| 2010 | -- | $91,500 |
| 2009 | -- | $91,500 +4% |
| 2008 | -- | $88,000 |
| 2007 | -- | $88,000 |
| 2006 | -- | $88,000 |
| 2005 | $2,235 +1.3% | -- |
| 2004 | $2,207 | -- |
| 2003 | $2,207 +36.1% | -- |
| 2002 | $1,622 +1% | -- |
| 2001 | $1,606 -2.4% | -- |
| 2000 | $1,646 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Near South
Nearby schools
Schools provided by the listing agent
- Elementary: Prescott
- Middle: Irving
- High: Lincoln High
- District: Lincoln Public Schools
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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