Welcome to a prime investment opportunity located in close proximity to the Wesleyan campus. This well-maintained 6-unit apartment complex offers a combination of two 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units. The units have undergone renovations and updates during turnovers, ensuring a fresh and modern look that appeals to tenants. Enjoy an additional stream of income with the on-site coin-operated laundry facilities. This apartment complex has a history of attracting and retaining long-term tenants, providing stability and reliability for your investment. Whether you're a seasoned investor or looking to start your real estate portfolio, this 6-unit apartment complex near Wesleyan campus offers a promising venture. Schedule a viewing today and explore the potential for financial growth in this thriving market!
Sold for $390,000
$390,000
5029 Cleveland Ave, Lincoln, NE 68504
8beds
4,382sqft
Multi Family
Built in 1968
-- sqft lot
$-- Zestimate®
$89/sqft
$1,851 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,851/mo
Zestimate® history
Owner options
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$2,578/mo
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Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jenni Limbach 402-540-8102,
Arrow Brokerage,
Zach Limbach 531-777-6320,
Arrow Brokerage
Bought with:
Kimberly Bell, 20000744
Nebraska RE Invest. Solutions
Source: GPRMLS,MLS#: 22322979
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas, Radiant, Other
Cooling
- Window Unit(s)
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 4,382
- Total interior livable area: 4,382 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Garage
- Covered spaces: 6
Features
- Fencing: Wood,Partial
Lot
- Size: 7,501 Square Feet
- Dimensions: 75 x 100
- Features: Up to 1/4 Acre.
Details
- Parcel number: 1717209010000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Block
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: MF Northeast Lincoln
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $400,800
- Annual tax amount: $6,298
- Date on market: 10/3/2023
- Ownership: Fee Simple
- Total actual rent: 3980
Price history
| Date | Event | Price |
|---|---|---|
| 11/23/2024 | Listing removed | $725 |
Source: Zillow Rentals Report a problem | ||
| 10/3/2024 | Listed for rent | $725 |
Source: Zillow Rentals Report a problem | ||
| 8/29/2024 | Listing removed | $725 |
Source: Zillow Rentals Report a problem | ||
| 8/19/2024 | Listed for rent | $725 |
Source: Zillow Rentals Report a problem | ||
| 8/9/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/5/2024 | Listed for rent | $725 |
Source: Zillow Rentals Report a problem | ||
| 6/3/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/7/2024 | Listed for rent | $725-7.6% |
Source: Zillow Rentals Report a problem | ||
| 3/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/23/2024 | Listed for rent | $785 |
Source: Zillow Rentals Report a problem | ||
| 12/27/2023 | Sold | $390,000-10.3%$89/sqft |
Source:  GPRMLS #22322979 Report a problem | ||
| 12/8/2023 | Pending sale | $435,000$99/sqft |
Source: GPRMLS #22322979 Report a problem | ||
| 9/29/2023 | Listed for sale | $435,000+24.3%$99/sqft |
Source: GPRMLS #22322979 Report a problem | ||
| 10/16/2020 | Sold | $350,000+16.7%$80/sqft |
Source: Public Record Report a problem | ||
| 9/14/2018 | Sold | $300,000-3.2%$68/sqft |
Source: GPRMLS #L10147855 Report a problem | ||
| 7/11/2018 | Listed for sale | $310,000+68.5%$71/sqft |
Source: Century Sales & Management LLC #10147855 Report a problem | ||
| 4/7/2009 | Sold | $184,000-2.9%$42/sqft |
Source: Public Record Report a problem | ||
| 7/5/2008 | Listed for sale | $189,500-0.3%$43/sqft |
Source: Listhub #10064555 Report a problem | ||
| 5/11/1998 | Sold | $190,000$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,150 -2.3% | $400,800 +5% |
| 2024 | $5,273 -17.7% | $381,700 -0.2% |
| 2023 | $6,411 -3.7% | $382,500 +14.3% |
| 2022 | $6,656 +6.4% | $334,700 +6.7% |
| 2021 | $6,254 +41.2% | $313,800 +35.4% |
| 2020 | $4,429 -5.2% | $231,800 |
| 2019 | $4,671 +8.2% | $231,800 +7.7% |
| 2018 | $4,319 +4.5% | $215,300 +5.7% |
| 2017 | $4,133 +4.2% | $203,600 |
| 2016 | $3,964 | $203,600 |
| 2015 | $3,964 +0.7% | $203,600 +12.9% |
| 2014 | $3,937 +12.3% | $180,300 |
| 2013 | $3,507 | $180,300 |
| 2012 | -- | $180,300 |
| 2011 | -- | $180,300 |
| 2010 | -- | $180,300 |
| 2009 | -- | $180,300 -0.7% |
| 2008 | -- | $181,600 |
| 2007 | -- | $181,600 |
| 2006 | -- | $181,600 |
| 2005 | $3,462 +1.3% | -- |
| 2004 | $3,418 | -- |
| 2003 | $3,418 +2.9% | -- |
| 2002 | $3,320 +6.7% | -- |
| 2001 | $3,112 +3.4% | -- |
| 2000 | $3,008 | -- |
Find assessor info on the county website
Neighborhood: University Place
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Nearby schools
GreatSchools rating
- 3/10Huntington Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Dawes Middle SchoolGrades: 6-8Distance: 0.7 mi
- 1/10Lincoln Northeast High SchoolGrades: 9-12Distance: 0.7 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.
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- Nebraska
- Lancaster County
- Lincoln
- 68504
- University Place
- 5029 Cleveland Ave
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