Turnkey 6-Plex Investment Opportunity – Strong Cash Flow & Recent Updates! This well-maintained 6-unit multifamily property features all 1-bedroom, 1-bathroom units with individual living spaces—ideal for attracting long-term tenants in today’s rental market. With a current total monthly rent of $4,515 plus an additional $150–$200/month in laundry income, the property generates a strong annual income between $55,980 and $56,580. Units #2, #5, and #6 have been recently updated, offering a mix of modern finishes and consistent rental performance. Unit #5 has undergone an extensive remodel, making it a standout unit within the property. Unit #6 was upgraded with a new mini-split system installed on March 1, 2025, providing efficient heating and cooling. Allo Fiber internet has been run to the building and on-site laundry provides extra income and convenience for tenants. This property is a solid investment opportunity for both seasoned and new investors, with immediate cash flow.
Sold for $525,000 on 07/09/25
$525,000
1025 C St, Lincoln, NE 68502
6beds
--sqft
Multi Family
Built in 1966
-- sqft lot
$525,900 Zestimate®
$--/sqft
$1,916 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 10:42am
Listed by:
Ryan Pierce 402-770-7559,
SimpliCity Real Estate,
Joe Kubick 402-890-3069,
SimpliCity Real Estate
Bought with:
Jenni Limbach, 20200393
Arrow Brokerage
Source: GPRMLS,MLS#: 22511735

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric, Other
Cooling
- Other
Appliances
- Included: Range, Refrigerator
- Laundry: Common Area
Features
- Basement: Walk-Out Access
- Has fireplace: No
Property
Parking
- Total spaces: 10
- Parking features: No Garage
- Covered spaces: 10
Features
- Fencing: None
Lot
- Size: 7,100 sqft
- Dimensions: 50 x 142
- Features: Up to 1/4 Acre.
Details
- Parcel number: 1026429006000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick/Other, Frame
- Foundation: Block
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lincoln
- Subdivision: ORIGINAL LINCOLN
HOA & financial
Other financial information
- Total actual rent: 4515
Other
Other facts
- Listing terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
Services availability

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