Turnkey 7-Unit Multifamily Investment Property | Recently Renovated | Garages & Laundry Income
Excellent investment opportunity featuring a 7-unit multifamily property with three garage spaces. The property has recently undergone extensive renovations, offering a clean, updated appearance and reduced near-term maintenance needs for the next owner.
All seven units feature fresh interior paint and durable LVP flooring throughout, creating a modern, low-maintenance living environment that is attractive to tenants and practical for long-term ownership.
Units 1, 2, 3, and 4 each include their own in-unit washer and dryer, providing an additional convenience and strong rental appeal. Units 5, 6, and 7 share a dedicated laundry room equipped with coin-operated machines, creating an additional potential income stream for the property.
With seven rental units, three garages, updated interiors, and convenient laundry facilities, this property offers an attractive combination of rental income potential, tenant convenience, and operational efficiency. A great opportunity for investors looking to add a stabilized, recently improved multifamily asset to their portfolio.
Property Highlights
7 total apartment units
3 garage spaces
Recently renovated throughout
Fresh paint in all units
LVP flooring throughout
Units 1–4: in-unit washer and dryer
Units 5–7: shared laundry room
Coin-operated laundry machines
Low-maintenance interior finishes
Strong value-add and long-term investment potential
For sale by owner
$759,000
2620 K St, Lincoln, NE 68510
14beds
5,832sqft
MultiFamily
Built in 1979
-- sqft lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
Low-maintenance interior finishesCoin-operated laundry machinesRecently renovated throughoutFresh interior paintDurable lvp flooring throughoutThree garage spaces
- 4 days |
- 262 |
- 8 |
Listed by:
Property Owner (531) 229-3576
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Forced air
Interior area
- Total interior livable area: 5,832 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 6,970 Square Feet
Details
- Parcel number: 1025242011000
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 1979
Community & HOA
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $522,600
- Annual tax amount: $6,715
- Date on market: 7/5/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,548/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/5/2026 | Listed for sale | $759,000+752.8%$130/sqft |
Source: Owner Report a problem | ||
| 12/7/1998 | Sold | $89,000$15/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,715 -2.2% | $522,600 +4.8% |
| 2024 | $6,867 -19.2% | $498,500 -1.7% |
| 2023 | $8,501 -4.3% | $507,200 +13.5% |
| 2022 | $8,883 +13.1% | $446,700 +13.3% |
| 2021 | $7,856 +39.6% | $394,200 +33.9% |
| 2020 | $5,627 -5.2% | $294,500 |
| 2019 | $5,935 +0.5% | $294,500 |
| 2018 | $5,907 +4.5% | $294,500 +16.6% |
| 2017 | $5,653 +15% | $252,500 |
| 2016 | $4,917 | $252,500 |
| 2015 | $4,917 +0.7% | $252,500 +2.3% |
| 2014 | $4,883 +1.7% | $246,900 |
| 2013 | $4,802 | $246,900 |
| 2012 | -- | $246,900 -0.4% |
| 2011 | -- | $247,800 |
| 2010 | -- | $247,800 |
| 2009 | -- | $247,800 -12.2% |
| 2008 | -- | $282,295 |
| 2007 | -- | $282,295 |
| 2006 | -- | $282,295 |
| 2005 | $4,738 +1.3% | -- |
| 2004 | $4,677 | -- |
| 2003 | $4,677 +10.1% | -- |
| 2002 | $4,246 +6.7% | -- |
| 2001 | $3,980 +3.4% | -- |
| 2000 | $3,848 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Woods Park
Nearby schools
GreatSchools rating
- 4/10Elliott Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Lefler Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Lincoln High SchoolGrades: 9-12Distance: 0.4 mi
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A local lender can help you make sure your offer is ready when you are.




