Charming bungalow in a prime Lincoln location! This adorable 2-bedroom, 2-bath home sits on a spacious double lot with convenient alley access—offering room to expand, garden, or simply enjoy the extra outdoor space. Inside, you’ll find classic bungalow character blended with comfortable, functional living. Located just minutes from Union College and Bryan Health, this property is perfectly positioned for owners or investors alike. With its proximity to campus, medical facilities, and neighborhood amenities, it would make an excellent rental or long-term investment. A cute home with great potential—come see the possibilities at 5119 Prescott Avenue! Also with R-6 zoning you could look into other options or uses for this property. It does require a little TLC and the detached garage is not usable and would need to be removed. This home would likely require an all cash buyer. Home is to be sold as is and seller would prefer a quick closing as well
Sold for $144,000
$144,000
5119 Prescott Ave, Lincoln, NE 68506
2beds
976sqft
Single Family Residence
Built in 1926
0.27 Acres Lot
$147,400 Zestimate®
$148/sqft
$1,585 Estimated rent
Home value
$147,400
$136,000 - $161,000
$1,585/mo
Zestimate® history
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List your homeWhat's special
Classic bungalow characterComfortable functional livingExtra outdoor space
Zillow last checked:
Listing updated:
Listed by:
Bob Wayne 402-304-5834,
Nebraska Realty
Bought with:
Bob Wayne, 20020730
Nebraska Realty
Source: GPRMLS,MLS#: 22534088
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Basement
- Area: 768
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
Features
- Windows: LL Daylight Windows
- Basement: Daylight
- Has fireplace: No
Interior area
- Total structure area: 976
- Total interior livable area: 976 sqft
- Finished area above ground: 776
- Finished area below ground: 200
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Porch
- Fencing: None
Lot
- Size: 0.27 Acres
- Dimensions: 157 x 75
- Features: Over 1/4 up to 1/2 Acre
Details
- Parcel number: 1605421003000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Bungalow
- Property subtype: Single Family Residence
Materials
- Foundation: Block
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available, Sewer Available
Community & HOA
Community
- Subdivision: College View
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $190,900
- Annual tax amount: $2,453
- Date on market: 12/3/2025
- Listing terms: Cash
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 1/7/2026 | Sold | $144,000-4%$148/sqft |
Source:  GPRMLS #22534088 Report a problem | ||
| 12/10/2025 | Pending sale | $150,000$154/sqft |
Source: GPRMLS #22534088 Report a problem | ||
| 12/3/2025 | Listed for sale | $150,000+72.4%$154/sqft |
Source: GPRMLS #22534088 Report a problem | ||
| 6/6/2006 | Sold | $87,000+1.2%$89/sqft |
Source: Public Record Report a problem | ||
| 3/3/2003 | Sold | $86,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,453 +19.8% | $190,900 +28.9% |
| 2024 | $2,047 -17.5% | $148,100 |
| 2023 | $2,482 -9.2% | $148,100 +7.8% |
| 2022 | $2,732 -0.2% | $137,400 |
| 2021 | $2,738 +26.7% | $137,400 +21.5% |
| 2020 | $2,161 -5.2% | $113,100 |
| 2019 | $2,279 +12.8% | $113,100 +12.3% |
| 2018 | $2,020 +4.5% | $100,700 |
| 2017 | $1,933 -0.7% | $100,700 +0.7% |
| 2016 | $1,947 | $100,000 |
| 2015 | $1,947 +0.7% | $100,000 +19% |
| 2014 | $1,934 +18.4% | $84,000 |
| 2013 | $1,634 | $84,000 |
| 2012 | -- | $84,000 +2.2% |
| 2011 | -- | $82,200 |
| 2010 | -- | $82,200 |
| 2009 | -- | $82,200 -2.7% |
| 2008 | -- | $84,475 |
| 2007 | -- | $84,475 |
| 2006 | -- | $84,475 |
| 2005 | $1,760 +1.3% | -- |
| 2004 | $1,737 | -- |
| 2003 | $1,737 +36.4% | -- |
| 2002 | $1,274 +1% | -- |
| 2001 | $1,261 +7.3% | -- |
| 2000 | $1,175 | -- |
Find assessor info on the county website
Neighborhood: College View
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Nearby schools
GreatSchools rating
- 6/10Calvert Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Pound Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Lincoln Southeast High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Calvert
- Middle: Pound
- High: Lincoln Southeast
- 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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- 5119 Prescott Ave
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