This building has been completely gutted and remodeled, offering a turnkey investment with updated interiors throughout. Each of the six identical units features 728 sq ft with 1 bedroom, 1 full bath, and a walk-in closet. Abundant natural light fills every unit, creating bright, inviting spaces tenants will love. Parking is plentiful on the private concrete pad off the alley, a big plus for renters. The mostly brick exterior and minimal yard keep maintenance low, making this an easy property to own and manage. Its convenient central Lincoln location adds to its rental appeal. Whether you're growing your portfolio or buying your first multifamily property, this move-in-ready 6-plex is a rare opportunity. Schedule your showing today!
For sale
$700,000
520 S 27th St, Lincoln, NE 68510
--beds
--baths
4,368sqft
Multi Family
Built in 1974
-- sqft lot
$-- Zestimate®
$160/sqft
$-- HOA
What's special
Mostly brick exteriorWalk-in closetMinimal yardUpdated interiors throughoutAbundant natural lightBright inviting spaces
- 26 days
- 374
- 19
Zillow last checked:
Listing updated:
Listed by:
Wade Bartels 402-796-6136,
SimpliCity Real Estate
Source: GPRMLS,MLS#: 22627440
Facts & features
Interior
Heating
- Natural Gas, Forced Air
Features
- Basement: Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 4,368
- Total interior livable area: 4,368 sqft
Property
Parking
- Total spaces: 6
- Covered spaces: 6
Features
- Fencing: Partial
Lot
- Size: 6,250 Square Feet
- Dimensions: 125 x 50
- Features: Up to 1/4 Acre., Alley
Details
- Parcel number: 1730111009000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Masonite, Brick/Other
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Elm Park
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $237,500
- Annual tax amount: $3,052
- Date on market: 9/23/2026
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 850
Estimated market value
Not available
Estimated sales range
Not available
$1,480/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Listed for sale | $700,000+225.6%$160/sqft |
Source:  GPRMLS #22627440 Report a problem | ||
| 5/22/2024 | Sold | $215,000-14%$49/sqft |
Source: GPRMLS #22409959 Report a problem | ||
| 5/2/2024 | Pending sale | $250,000$57/sqft |
Source: GPRMLS #22409959 Report a problem | ||
| 4/25/2024 | Listed for sale | $250,000+59.2%$57/sqft |
Source: GPRMLS #22409959 Report a problem | ||
| 1/11/2016 | Sold | $157,000-6.5%$36/sqft |
Source: Agent Provided Report a problem | ||
| 1/5/1996 | Sold | $168,000$38/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,052 +4.5% | $237,500 +5% |
| 2024 | $2,921 -42.6% | $226,200 -25.5% |
| 2023 | $5,092 -5.9% | $303,800 +11.7% |
| 2022 | $5,409 +12.2% | $272,000 +12.5% |
| 2021 | $4,819 +39.3% | $241,800 +33.6% |
| 2020 | $3,459 -5.2% | $181,000 |
| 2019 | $3,647 +0.5% | $181,000 |
| 2018 | $3,631 +4.5% | $181,000 +7.9% |
| 2017 | $3,474 +6.3% | $167,800 |
| 2016 | $3,267 | $167,800 |
| 2015 | $3,267 +0.7% | $167,800 +4.3% |
| 2014 | $3,245 +3.7% | $160,900 |
| 2013 | $3,129 | $160,900 |
| 2012 | -- | $160,900 +1.3% |
| 2011 | -- | $158,900 |
| 2010 | -- | $158,900 |
| 2009 | -- | $158,900 -6.5% |
| 2008 | -- | $170,000 |
| 2007 | -- | $170,000 |
| 2006 | -- | $170,000 |
| 2005 | $3,482 +1.3% | -- |
| 2004 | $3,438 | -- |
| 2003 | $3,438 +7.4% | -- |
| 2002 | $3,200 +6.7% | -- |
| 2001 | $2,999 +3.4% | -- |
| 2000 | $2,899 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Woods Park
Nearby schools
Schools provided by the listing agent
- Elementary: Elliott
- Middle: Lefler
- High: Lincoln High
- 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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