Sold for $1,400,000

$1,400,000

640 S 12th St, Lincoln, NE 68508

--beds

--baths

--sqft

Multi Family

Built in 1927

-- sqft lot

$-- Zestimate^®

$--/sqft

$1,420 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,420/mo

Zestimate^® history

Owner options

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$1,420/mo

Rent Zestimate^®

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$7,564/mo

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$7,564/mo

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What's special

Side-by-side brick apartments, 15 units each, mostly studio/efficiency units with one 1-bedroom, 1-bath unit. Low vacancy history. Separate window heating/cooling for each unit. Secured entrances. Membrane roof replaced in 2019 on both properties. On-site laundry, third-party managed & owned units by Jetz. Close to downtown, city/county, and state capital environs. Sold as package with building/parcel 648 S 12th St.

Facts & features

Interior

Heating

Electric, Wall Furnace

Features

Basement: None
Has fireplace: No

Property

Parking

Parking features: No Garage

Features

Levels: Three Or More
Fencing: None

Lot

Size: 2,099 sqft
Dimensions: 50 x 42
Features: Up to 1/4 Acre.

Details

Parcel number: 1026234015000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Brick/Mortar

Condition

Not New and NOT a Model
New construction: No
Year built: 1927

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Lincoln
Subdivision: MF Central Business District

Other

Other facts

Ownership: Fee Simple

Price history

Date	Event	Price
1/31/2024	Sold	$1,400,000-6.7%
Source: GPRMLS #22402315 Report a problem
8/29/2023	Price change	$1,500,000-3.2%
Source: GPRMLS #22311413 Report a problem
7/5/2023	Price change	$1,550,000-3.1%
Source: GPRMLS #22311413 Report a problem
5/30/2023	Listed for sale	$1,600,000+86%
Source: GPRMLS #22311413 Report a problem
9/11/2019	Sold	$860,000+282.2%
Source: Public Record Report a problem
7/27/2019	Listing removed	$410
Source: Nebraska RIS Report a problem
5/22/2019	Listed for rent	$410+3.8%
Source: Nebraska RIS Report a problem
2/15/2019	Listing removed	$395
Source: Nebraska RIS Report a problem
11/12/2018	Listed for rent	$395
Source: Nebraska RIS Report a problem
6/14/2018	Listing removed	$395
Source: Nebraska RIS Report a problem
6/8/2018	Price change	$395+2.6%
Source: Nebraska RIS Report a problem
4/13/2018	Listed for rent	$385
Source: Nebraska RIS Report a problem
1/22/2018	Listing removed	$385
Source: Nebraska RIS Report a problem
12/28/2017	Price change	$385-2.5%
Source: Nebraska RIS Report a problem
12/20/2017	Listed for rent	$395+2.6%
Source: Nebraska RIS Report a problem
10/16/2017	Listing removed	$385
Source: Nebraska RIS Report a problem
10/4/2017	Listed for rent	$385+2.7%
Source: Nebraska RIS Report a problem
5/11/2017	Listing removed	$375
Source: Nebraska RIS Report a problem
4/29/2017	Price change	$375+2.7%
Source: Nebraska RIS Report a problem
3/21/2017	Listed for rent	$365
Source: Nebraska RIS Report a problem
12/5/2016	Listing removed	$365-5.2%
Source: Nebraska RIS Report a problem
8/15/2016	Listing removed	$385+5.5%
Source: Nebraska RIS Report a problem
1/19/2016	Listing removed	$365
Source: Nebraska RIS Report a problem
12/18/2015	Price change	$365+5.8%
Source: Nebraska RIS Report a problem
9/10/2015	Listed for rent	$345
Source: Nebraska RIS Report a problem
6/1/2010	Sold	$225,000-16.7%
Source: GPRMLS #L10073181 Report a problem
3/5/2009	Sold	$270,001
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,242 -3.3%	$641,400 +5%
2024	$8,520 -12.6%	$610,900 +5%
2023	$9,751 +14.1%	$581,800 +35.4%
2022	$8,547 +14.8%	$429,800 +15%
2021	$7,448 +37%	$373,700 +31.3%
2020	$5,438 -5.2%	$284,600
2019	$5,735 +0.5%	$284,600
2018	$5,709 +4.5%	$284,600 +2.7%
2017	$5,463 +1.3%	$277,000
2016	$5,394	$277,000
2015	$5,394 +0.7%	$277,000 +3.8%
2014	$5,357 +3.2%	$266,800
2013	$5,189	$266,800
2012	--	$266,800 +12.3%
2011	--	$237,500
2010	--	$237,500 -8.6%
2009	--	$259,900 +28.2%
2008	--	$202,800
2007	--	$202,800
2005	$4,128 +1.3%	--
2004	$4,076	--
2003	$4,076 +3.4%	--
2002	$3,940 +6.7%	--
2001	$3,693 +3.4%	--
2000	$3,570	--