421 Capitol Beach Boulevard, Lincoln, NE 68528 (MLS # 22615773)
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13-unit value-add multifamily investment opportunity near Capitol Beach and downtown Lincoln. Unit mix consists of six 1-bedroom units, six 2-bedroom units, and one efficiency unit. Three vacant units provide immediate lease-up opportunity and upside potential. All units are all-electric with tenants responsible for electric service. Ownership pays water, sewer, and trash. Features include 22 off-street parking spaces, on-site laundry, storage units, slab-on-grade construction, and six zero-entry units. Majority month-to-month leases provide flexibility for repositioning rents to market levels. A landlord-managed Allo Internet program is in place and provides additional owner income. Offered at $1,295,000.
| LAST UPDATED | 9/3/2026 | TRACT | Lakeview Acres |
|---|---|---|---|
| YEAR BUILT | 1974 | COMMUNITY | Lancaster |
| COUNTY | Lancaster | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Lakeview |
|---|---|
| Jr. High School | Park |
| High School | Northwest |
| ADDITIONAL DETAILS | |
| APPLIANCES | Range, Refrigerator |
|---|---|
| AREA | Lancaster |
| BASEMENT | None |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.4421 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 19,260 SF1 |
| PARKING | No Garage, Off Street |
| SEWER | Public Sewer |
| SUBDIVISION | Lakeview Acres |
| TAXES | 11600 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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