Rare opportunity near Nebraska Wesleyan University! Located within walking distance to campus, 5111 Walker Ave offers incredible flexibility for investors, owner-occupants, or those looking to convert a property into a spacious single-family home. Currently configured as a duplex, this property could easily be transformed back into a single-family residence to fit your needs. Inside, you’ll find functional living spaces with plenty of potential to customize and add value. one bedroom on the main floor and 3 upstairs. Each floor with its own kitchen and full bathroom. Outside, convenient off-alley parking areas provide added accessibility and extra parking options. Situated in a prime Lincoln location close to shopping, dining, parks, and schools, this property presents endless possibilities for rental income, multi-generational living, or creating your dream home near campus.
For sale
Price cut: $5K (9/15)
$230,000
5111 Walker Ave, Lincoln, NE 68504
4beds
1,797sqft
Duplex
Built in 1910
-- sqft lot
$224,900 Zestimate®
$128/sqft
$-- HOA
What's special
Convenient off-alley parking areasFunctional living spaces
- 158 days
- 377
- 16
Zillow last checked:
Listing updated:
Listed by:
Elizabeth Haney 402-617-2279,
BHHS Ambassador Real Estate
Source: GPRMLS,MLS#: 22613850
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Basement
- Area: 860
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,797
- Total interior livable area: 1,797 sqft
- Finished area above ground: 1,797
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage
Accessibility
- Accessibility features: Exterior Accessible
Features
- Levels: Two
- Patio & porch: Porch
- Fencing: Chain Link
Lot
- Size: 6,969 Square Feet
- Dimensions: 50 x 142
- Features: Up to 1/4 Acre.
Details
- Parcel number: 1717231005000
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: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Uni Place / Wesleyan - CVDU
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $148,100
- Annual tax amount: $1,903
- Date on market: 5/20/2026
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
Estimated market value
$224,900
$214,000 - $236,000
$1,200/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Price change | $230,000-2.1%$128/sqft |
Source:  GPRMLS #22613850 Report a problem | ||
| 5/20/2026 | Listed for sale | $235,000+35.8%$131/sqft |
Source: GPRMLS #22613850 Report a problem | ||
| 3/25/2024 | Sold | $173,000-5.2%$96/sqft |
Source: GPRMLS #22328007 Report a problem | ||
| 2/14/2024 | Pending sale | $182,500$102/sqft |
Source: GPRMLS #22328007 Report a problem | ||
| 2/7/2024 | Price change | $182,500-3.9%$102/sqft |
Source: GPRMLS #22328007 Report a problem | ||
| 1/22/2024 | Price change | $190,000-2.6%$106/sqft |
Source: GPRMLS #22328007 Report a problem | ||
| 1/3/2024 | Price change | $195,000-2.5%$109/sqft |
Source: GPRMLS #22328007 Report a problem | ||
| 12/5/2023 | Listed for sale | $200,000+100%$111/sqft |
Source: GPRMLS #22328007 Report a problem | ||
| 9/14/2023 | Sold | $100,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,903 -1.6% | $148,100 +5.9% |
| 2024 | $1,934 | $139,900 |
| 2023 | -- | $139,900 +33.6% |
| 2022 | $2,082 -0.2% | $104,700 |
| 2021 | $2,087 +21.9% | $104,700 +16.9% |
| 2020 | $1,712 +16.2% | $89,600 +22.6% |
| 2019 | $1,473 +0.5% | $73,100 |
| 2018 | $1,466 +4.5% | $73,100 +5.6% |
| 2017 | $1,403 +4.1% | $69,200 |
| 2016 | $1,347 | $69,200 -5.9% |
| 2015 | $1,347 -5.2% | $73,500 -8.4% |
| 2014 | $1,421 -8.9% | $80,200 |
| 2013 | $1,560 | $80,200 |
| 2012 | -- | $80,200 +3.1% |
| 2011 | -- | $77,800 |
| 2010 | -- | $77,800 |
| 2009 | -- | $77,800 -20.2% |
| 2008 | -- | $97,552 |
| 2007 | -- | $97,552 |
| 2006 | -- | $97,552 |
| 2005 | $1,719 +1.3% | -- |
| 2004 | $1,697 | -- |
| 2003 | $1,697 +5.8% | -- |
| 2002 | $1,604 +1% | -- |
| 2001 | $1,588 -2.4% | -- |
| 2000 | $1,628 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: University Place
Nearby schools
Schools provided by the listing agent
- Elementary: Huntington
- Middle: Dawes
- High: Lincoln Northeast
- 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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