Seize this exceptional investment in a well maintained 2 bedroom, 1 bathroom duplex, in unit laundry, garage, located on a nice cul-de-sac in desirable South Lincoln just off 40th & Old Cheney. Positioned just steps from a local park. Turnkey investment, solid tenants with modern amenities and expansive outdoor space, appealing to tenants seeking convenience, location and comfort, fully rented.
Sold for $289,900
$289,900
5515 S 42nd Street Ct, Lincoln, NE 68516
4beds
1,873sqft
Duplex
Built in 1975
-- sqft lot
$290,600 Zestimate®
$155/sqft
$1,628 Estimated rent
Home value
$290,600
$264,000 - $314,000
$1,628/mo
Zestimate® history
Owner options
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List your homeWhat's special
Expansive outdoor spaceModern amenitiesIn unit laundry
Zillow last checked:
Listing updated:
Listed by:
Ron Stelling 402-450-5115,
Woods Bros Realty
Bought with:
Larry Holmes, 20080626
REMAX Concepts
Source: GPRMLS,MLS#: 22533106
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Basement
Bedroom 4
- Level: Basement
Basement
- Area: 945
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Washer, Dishwasher, Dryer, Disposal
Features
- Flooring: Vinyl, Carpet
- Basement: Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Gas Log
Interior area
- Total structure area: 1,873
- Total interior livable area: 1,873 sqft
- Finished area above ground: 973
- Finished area below ground: 900
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 2
Features
- Patio & porch: Patio, Deck
- Fencing: None
Lot
- Size: 7,840 Square Feet
- Dimensions: 65.49 x 120 x 62.87 x 120
- Features: Up to 1/4 Acre., City Lot, Cul-De-Sac, Public Sidewalk, Curb and Gutter, Sloped
Details
- Parcel number: 1608306006000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,Traditional
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Wood Siding, Brick/Other
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available, Sewer Available, Storm Sewer, Phone Available, Fiber Optic, Cable Available
Community & HOA
Community
- Subdivision: Briarhurst
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance
- HOA fee: $112 annually
- HOA name: Briarhurst
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $248,700
- Annual tax amount: $3,242
- Date on market: 11/18/2025
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Sold | $289,900$155/sqft |
Source:  GPRMLS #22533106 Report a problem | ||
| 11/24/2025 | Pending sale | $289,900$155/sqft |
Source: GPRMLS #22533106 Report a problem | ||
| 11/18/2025 | Listed for sale | $289,900+93.3%$155/sqft |
Source: GPRMLS #22533103 Report a problem | ||
| 9/18/2025 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/3/2025 | Listed for rent | $1,200+41.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/11/2019 | Listing removed | $850 |
Source: Owner Report a problem | ||
| 11/14/2019 | Listed for rent | $850-5.6% |
Source: Owner Report a problem | ||
| 10/26/2017 | Listing removed | $900 |
Source: Owner Report a problem | ||
| 10/7/2017 | Listed for rent | $900 |
Source: Owner Report a problem | ||
| 7/31/2017 | Sold | $150,000+33.9%$80/sqft |
Source: Public Record Report a problem | ||
| 5/1/1998 | Sold | $112,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,196 -1.4% | $248,700 +7% |
| 2024 | $3,242 -12.4% | $232,400 +5.2% |
| 2023 | $3,702 -8.6% | $220,900 +8.4% |
| 2022 | $4,051 -0.2% | $203,700 |
| 2021 | $4,060 +28% | $203,700 +22.7% |
| 2020 | $3,172 +4.3% | $166,000 +10% |
| 2019 | $3,041 +0.5% | $150,900 |
| 2018 | $3,027 +4.5% | $150,900 +9% |
| 2017 | $2,896 +7.5% | $138,400 |
| 2016 | $2,695 | $138,400 |
| 2015 | $2,695 +0.7% | $138,400 -0.1% |
| 2014 | $2,676 -0.6% | $138,500 |
| 2013 | $2,694 | $138,500 |
| 2012 | -- | $138,500 +3.5% |
| 2011 | -- | $133,800 |
| 2010 | -- | $133,800 |
| 2009 | -- | $133,800 -10.9% |
| 2008 | -- | $150,172 |
| 2007 | -- | $150,172 |
| 2006 | -- | $150,172 |
| 2005 | $2,426 +1.3% | -- |
| 2004 | $2,395 | -- |
| 2003 | $2,395 +10.5% | -- |
| 2002 | $2,167 +1% | -- |
| 2001 | $2,146 -2.4% | -- |
| 2000 | $2,200 | -- |
Find assessor info on the county website
Neighborhood: 68516
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Nearby schools
GreatSchools rating
- 7/10Humann Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 6/10Pound Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Lincoln Southeast High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Humann
- 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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- Nebraska
- Lancaster County
- Lincoln
- 68516
- 5515 S 42nd Street Ct
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