Great opportunity for an investor/developer to pick up 3 prime lots together in an established part of Lincoln, that has the capability of building up to 20 multi family living units on it. According to the City of Lincoln Planning Department, the R6 zoning allows for these 3 lots to be platted as one, and with the overall square footage of 22,500 square feet a builder could build up to 20 family living units. The overall lot would by 150' by 150'. There are currently 3 rental properties on these 3 lots, a duplex and 2 single family homes, but 2 tenants are month to month and the other 2 tenants leases expire the end of June. Prime location for a multi family development.
Pending
Price cut: $26.5K (7/17)
$434,500
229-235 & #245-S, Lincoln, NE 68510
--beds
--baths
0.52Acres
Est.:
Unimproved Land
Built in ----
0.52 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 28 days
- on Zillow |
- 83 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 02:32pm
Listed by:
Gary Hardt 402-314-5484,
HOME Real Estate
Source: GPRMLS,MLS#: 22519833

Travel times
Facts & features
Property
Features
- Fencing: Wood,Fenced
Lot
- Size: 0.52 Acres
- Dimensions: 150 x 150
- Features: 1/2 to 1 Acre, City Lot, Public Sidewalk, Curb and Gutter, Curb Cut, Level
Details
- Additional structures: None
- Parcel number: 1025200050000, 102520051000, 1025200052000
- Zoning: R6
- Other equipment: None
Utilities & green energy
- Gas: BHE
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available, Sewer Available, Other
Community & HOA
Community
- Subdivision: Downtown
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Annual tax amount: $6,993
- Date on market: 7/17/2025
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
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