Rare opportunity to own a high-performing student rental property with immediate cash flow. This 7-bedroom, 4-bath home is currently fully leased to college tenants through May 2027, offering stable and consistent rental income from day one.
The property has a strong rental history and is well-suited for student housing, with multiple bedrooms, shared living spaces, and a functional layout ideal for maximizing occupancy.
Investment Highlights:
Fully leased through May 2027
Currently generating $2500 month ($30,000/year)
7 bedrooms / 4 bathrooms
Consistent rental demand in the area
Turnkey opportunity – tenants already in place
Lease transfers with sale
This is an ideal opportunity for investors seeking a low-vacancy, income-producing property in a high-demand rental market.
Tenants are responsible for internet, cable, gas, and electric. Tenants are also in charge of yard maintenance (lawn & snow removal). Owner takes care of water and garbage.
Located near Concordia University.
Property is tenant-occupied. Showings available with notice. Do not disturb tenants. Contact Randy at 402-416-1007 for questions.
For sale by owner
$305,000
702 N 5th St, Seward, NE 68434
7beds
4,000sqft
Unknown
Built in 1898
-- sqft lot
$267,500 Zestimate®
$76/sqft
$-- HOA
What's special
Shared living spacesMultiple bedrooms
- 67 days |
- 1,066 |
- 38 |
Listed by:
Property Owner (402) 416-1007
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced air, Other, Wall, Gas, Other
Cooling
- Refrigerator, Central, Evaporative, Other
Appliances
- Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Carpet, Laminate, Linoleum / Vinyl
- Basement: Finished
- Has fireplace: No
Interior area
- Total interior livable area: 4,000 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached, On-street
Features
- Exterior features: Other, Vinyl
Lot
- Size: 0.25 Acres
Details
- Parcel number: 800093593
Construction
Type & style
- Home type: Unknown
Materials
- Foundation: Other
- Roof: Composition
Condition
- New construction: No
- Year built: 1898
Community & HOA
Location
- Region: Seward
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $247,006
- Annual tax amount: $2,657
- Date on market: 5/3/2026
Estimated market value
$267,500
$214,000 - $318,000
$2,741/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2026 | Listed for sale | $305,000+221.4%$76/sqft |
Source: Owner Report a problem | ||
| 12/1/2017 | Sold | $94,892-11.6%$24/sqft |
Source:  GPRMLS #L10139831 Report a problem | ||
| 10/31/2017 | Price change | $107,300-14.8%$27/sqft |
Source: Lincoln NE #10139831 Report a problem | ||
| 9/20/2017 | Price change | $125,900-12%$31/sqft |
Source: Lincoln NE #10139831 Report a problem | ||
| 8/11/2017 | Listed for sale | $143,000+4.4%$36/sqft |
Source: Lincoln NE #10139831 Report a problem | ||
| 2/8/2017 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 12/24/2016 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 12/20/2013 | Sold | $137,000-2.1%$34/sqft |
Source: GPRMLS #L10109746 Report a problem | ||
| 9/26/2013 | Price change | $139,975-3.4%$35/sqft |
Source: Woods Bros. Realty #10109746 Report a problem | ||
| 9/10/2013 | Price change | $144,900-3.3%$36/sqft |
Source: Home Real Estate #10108636 Report a problem | ||
| 8/13/2013 | Listed for sale | $149,900+14.4%$37/sqft |
Source: Home Real Estate #10108636 Report a problem | ||
| 4/10/2006 | Sold | $131,000$33/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,657 +2% | $247,006 +8.3% |
| 2024 | $2,604 -13.9% | $227,983 +9.6% |
| 2023 | $3,026 +0.7% | $208,048 +11.5% |
| 2022 | $3,004 +8.9% | $186,643 +10.1% |
| 2021 | $2,757 -7% | $169,519 |
| 2020 | $2,966 +16.1% | $169,519 +12.8% |
| 2018 | $2,554 +12% | $150,318 +12.5% |
| 2017 | $2,280 +5.6% | $133,576 +0.4% |
| 2016 | $2,160 | $133,025 |
| 2015 | $2,160 -1.5% | $133,025 +1.9% |
| 2013 | $2,193 -13.4% | $130,601 |
| 2012 | $2,534 -2.6% | $130,601 |
| 2011 | $2,601 +0.8% | $130,601 |
| 2010 | $2,581 | $130,601 |
| 2009 | -- | $130,601 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 68434
Nearby schools
GreatSchools rating
- 7/10Seward Elementary SchoolGrades: PK-4Distance: 0.9 mi
- 8/10Seward Middle SchoolGrades: 5-8Distance: 1.2 mi
- 8/10Seward High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: Seward
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Nebraska
- Seward County
- Seward
- 68434
- 702 N 5th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Seward Topics
