Turnkey 4-Plex Investment with rents upwards of $4,350/month, this property outperforms comparable in the area—providing superior day-one cash flow with minimal need for rent increases. 4-unit property in a highly desirable Lincoln location near Nebraska Wesleyan University and major employment centers. Each unit features fully renovated modern kitchens, updated bathrooms, high-quality flooring, electric fireplaces and contemporary finishes throughout. Upper units include private balconies, a tenant favorite. The property also offers off-street parking and a dedicated laundry room, providing laundry income This property is turnkey and cash-flowing, perfect for investors seeking immediate income or owner occupied investment. Strong rental demand and the potential for slight rent increases make this a rare, high-value investment in Lincoln's rental market.
For sale
$529,000
4220 Huntington Ave, Lincoln, NE 68504
--beds
--baths
3,430sqft
Multi Family
Built in 1976
-- sqft lot
$-- Zestimate®
$154/sqft
$-- HOA
What's special
Off-street parkingPrivate balconiesHigh-quality flooringElectric fireplacesUpdated bathroomsFully renovated modern kitchensContemporary finishes throughout
- 117 days |
- 165 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Leah Millspaugh 402-610-5427,
Nebraska Realty
Source: GPRMLS,MLS#: 22606434
Facts & features
Interior
Heating
- Natural Gas, Forced Air
Features
- Basement: None
- Number of fireplaces: 4
Interior area
- Total structure area: 3,430
- Total interior livable area: 3,430 sqft
Property
Parking
- Total spaces: 8
- Covered spaces: 8
Features
- Fencing: None
Lot
- Size: 6,651 Square Feet
- Dimensions: 133 x 50
- Features: Up to 1/4 Acre.
Details
- Parcel number: 1717129013000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Concrete Perimeter
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: North Central Lincoln
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $329,900
- Annual tax amount: $4,239
- Date on market: 3/26/2026
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
- Total actual rent: 4350
Estimated market value
Not available
Estimated sales range
Not available
$2,355/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Price change | $529,000-1.1%$154/sqft |
Source:  GPRMLS #22606434 Report a problem | ||
| 3/26/2026 | Listed for sale | $535,000+11%$156/sqft |
Source: GPRMLS #22606434 Report a problem | ||
| 9/13/2024 | Sold | $482,000-1.6%$141/sqft |
Source: GPRMLS #22418921 Report a problem | ||
| 8/15/2024 | Pending sale | $490,000$143/sqft |
Source: GPRMLS #22418921 Report a problem | ||
| 8/12/2024 | Listed for sale | $490,000$143/sqft |
Source: GPRMLS #22418921 Report a problem | ||
| 8/12/2024 | Pending sale | $490,000$143/sqft |
Source: GPRMLS #22418921 Report a problem | ||
| 7/24/2024 | Listed for sale | $490,000+75.1%$143/sqft |
Source: GPRMLS #22418921 Report a problem | ||
| 4/30/2021 | Sold | $279,900$82/sqft |
Source: GPRMLS #22104478 Report a problem | ||
| 5/30/2018 | Listing removed | $575 |
Source: Rental Real Estate Report a problem | ||
| 4/4/2018 | Listed for rent | $575 |
Source: Rental Real Estate Report a problem | ||
| 1/10/2017 | Listing removed | $575+4.5% |
Source: Rental Real Estate Report a problem | ||
| 5/31/2016 | Listing removed | $550+4.8% |
Source: Rental Real Estate Report a problem | ||
| 5/7/2015 | Listing removed | $525 |
Source: Rental Real Estate a Dennis Management Company Report a problem | ||
| 3/7/2015 | Listed for rent | $525 |
Source: Rental Real Estate a Dennis Management Company Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,239 -3.3% | $329,900 +5% |
| 2024 | $4,382 -12.6% | $314,200 +5% |
| 2023 | $5,015 +2.1% | $299,200 +21.1% |
| 2022 | $4,914 +13.1% | $247,100 +13.3% |
| 2021 | $4,345 +25.8% | $218,000 +20.6% |
| 2020 | $3,455 -5.2% | $180,800 |
| 2019 | $3,643 +0.5% | $180,800 |
| 2018 | $3,627 +4.5% | $180,800 +11.5% |
| 2017 | $3,470 +9.9% | $162,200 |
| 2016 | $3,158 | $162,200 |
| 2015 | $3,158 +0.7% | $162,200 +8.6% |
| 2014 | $3,137 +8% | $149,300 |
| 2013 | $2,904 | $149,300 |
| 2012 | -- | $149,300 -1.4% |
| 2011 | -- | $151,400 |
| 2010 | -- | $151,400 |
| 2009 | -- | $151,400 +7.7% |
| 2008 | -- | $140,600 |
| 2007 | -- | $140,600 |
| 2006 | -- | $140,600 |
| 2005 | $2,680 +1.3% | -- |
| 2004 | $2,646 | -- |
| 2003 | $2,646 +13.5% | -- |
| 2002 | $2,331 +1% | -- |
| 2001 | $2,309 -15.6% | -- |
| 2000 | $2,737 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: University Place
Nearby schools
GreatSchools rating
- 3/10Huntington Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Dawes Middle SchoolGrades: 6-8Distance: 1.1 mi
- 1/10Lincoln Northeast High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Huntington
- Middle: Dawes
- High: Lincoln Northeast
- District: Lincoln
Source: GPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $1,1002 bd1 ba-- sqft4220 Huntington Ave UNIT 1-4, Lincoln, NE 68504For Rent
- $--2 bd1 ba885 sqft4220 Huntington Ave #3, Lincoln, NE 68504Off Market
- $--2 bd1 ba-- sqft4220 Huntington Ave APT 2, Lincoln, NE 68504Off Market
- $1,0502 bd1 ba857 sqft4210 Huntington Ave UNIT 3, Lincoln, NE 68504For Rent
- $--2 bd1 ba857 sqft4210 Huntington Ave #4, Lincoln, NE 68504Off Market
- $--2 bd1 ba857 sqft4210 Huntington Ave APT 1, Lincoln, NE 68504Off Market
- $--2 bd1 ba857 sqft4210 Huntington Ave APT 2, Lincoln, NE 68504Off Market
- $515,000-- bd-- ba3.4k sqft4210 Huntington Ave, Lincoln, NE 68504For Sale
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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