Opportunity awaits with this fabulous multifamily property in South Lincoln featuring three identical stone duplexes with six fully rented units. Each residence offers 2 bedrooms, 1 bathroom, a back patio, separate utilities, and its own unfinished basement—providing plenty of space for storage, hobbies, or a work area. The six-unit configuration offers flexibility for continued rental use or the option to live in one unit while leasing the others.
For sale
$750,000
838 S 47th St, Lincoln, NE 68510
--beds
--baths
--sqft
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Unfinished basementBack patioThree identical stone duplexes
- 26 days
- 611
- 45
Zillow last checked:
Listing updated:
Listed by:
Ashley Hustad 402-217-0702,
BancWise Realty
Source: GPRMLS,MLS#: 22626048
Facts & features
Interior
Heating
- Natural Gas, Forced Air
Features
- Has basement: Yes
- Has fireplace: No
Property
Parking
- Total spaces: 4
- Covered spaces: 4
Features
- Fencing: None
Lot
- Size: 0.4 Acres
- Dimensions: 130 x 134
- Features: Over 1/4 up to 1/2 Acre
Details
- Parcel number: 1729300003000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Concrete Perimeter
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: East Central Lincoln
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Tax assessed value: $471,300
- Annual tax amount: $8,691
- Date on market: 9/10/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,709/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $750,000+158.6% |
Source:  GPRMLS #22626048 Report a problem | ||
| 9/29/2006 | Sold | $290,000+82.4% |
Source: Public Record Report a problem | ||
| 5/7/1998 | Sold | $159,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,056 -1.5% | $471,300 +4.9% |
| 2024 | $6,148 -22.5% | $449,400 -5% |
| 2023 | $7,933 -2.7% | $473,300 +15.5% |
| 2022 | $8,149 +13.1% | $409,800 +13.3% |
| 2021 | $7,207 +39.3% | $361,600 +33.5% |
| 2020 | $5,174 -5.2% | $270,800 |
| 2019 | $5,457 +0.5% | $270,800 |
| 2018 | $5,432 +4.5% | $270,800 +20.1% |
| 2017 | $5,198 +18.4% | $225,500 |
| 2016 | $4,391 | $225,500 |
| 2015 | $4,391 +0.7% | $225,500 -7.9% |
| 2014 | $4,361 -8.4% | $244,900 |
| 2013 | $4,763 | $244,900 |
| 2012 | -- | $244,900 -0.4% |
| 2011 | -- | $245,800 -30.8% |
| 2010 | -- | $355,400 +12.3% |
| 2008 | -- | $316,600 |
| 2006 | -- | $316,600 |
| 2005 | $5,980 +9.4% | -- |
| 2002 | $5,467 +1% | -- |
| 2001 | $5,414 -2.4% | -- |
| 2000 | $5,548 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South 48th Street
Nearby schools
Schools provided by the listing agent
- Elementary: Randolph
- Middle: Lefler
- High: Lincoln East
- 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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