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$1,295,000
New Listing

421 Capitol Beach Boulevard
Lincoln, NE 68528

For Sale|Multi Family|Active
3
Beds
3
Total Baths
3
Full Baths
1,675
SqFt
$773
/SqFt
1974
Built
Subdivision:
Lakeview Acres
County:
Lancaster
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Monthly Payment (Est.)

$5,908
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$1,295,000
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
1,675 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.4421 Acres
Year Built 
1974
MLS® Number 
22615773
Status 
Active
Property Tax 
$11,600
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS®
11 hours agoListing first seen on site
General Features
Acres 
0.4421
Foundation 
Slab
Garage 
Yes
Parking 
No GarageOff Street
Parking Spaces 
22
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
1675
Water Source 
Public
Interior Features
Appliances 
RangeRefrigerator
Basement 
None
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Brick
Fencing 
None
Lot Features 
Level
Community Features
Accessibility Features 
Accessible Entrance
Financing Terms Available 
ConventionalCash
MLS Area 
Lancaster
School District 
Lincoln
Schools
School District
Lincoln
Elementary School
Lakeview
Middle School
Park
High School
Northwest
Listing courtesy of Nebraska Realty



Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2026, Great Plains Regional Multiple Listing Service, Inc.
Data last updated at: 2026-06-06 01:16 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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