1640 S 21st Street, Lincoln, NE 68502

$249,900

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$249,900
MLS#
22623382
Status
ACTIVE
Type
Multifamily
City
Lincoln
Area
Lancaster
County
Lancaster
Year Built
1905

Property Description

Beautiful multi-unit conversion with strong income potential! Property features 2 units with opportunity to add a 3rd unit in the basement. Unit 1 (Main + Basement): 2 legal bedrooms + 1 non-conforming bedroom, 3 bathroom areas, and 2 kitchen spaces. Unit 2 (Upper Level): 3 rooms with abundant natural light. Home offers a newer roof, several updated windows, and a well-maintained yard. Interior features include original woodwork along with updated kitchen and bathroom finishes in Unit 1. Property is currently tenant occupied. Great opportunity for investors or owner-occupants seeking a versatile property with additional value-add potential.

Additional Information

Basement
Yes
Elementary School
Prescott
Fence
Full
Heating Type
Natural Gas, Forced Air
High School
Lincoln High
Lot Description
Up to 1/4 Acre.
Middle School
Irving
School District
Lincoln
Subdivision
Near South
Tax Amount
$2,871
Tax Year
2025
Year Built
1905

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of 1st Choice Realty Team.

This data is from various Participants of the Great Plains REALTORS® Multiple Listing Service Inc Internet Data Exchange; is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; the listing broker is listed on each listing; the information is deemed reliable but not guaranteed, and is copyrighted ©2026 Great Plains REALTORS® Multiple Listing Service, Inc.