3 months on rocket

1635 E St, Lincoln, NE, 68508

$999,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1635 E St, Lincoln$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1968
HeatingOther
CoolingOther
MLS #22329277
StatusActive
(ACTIVE)

About 1635 E St

Under Rented! Block & brick 18-plex needing renovation work. Well built with steel, brick, block & concrete. Six 1-bedroom, 1-bath and twelve 2-bedrooms, 1-bath units. 18 off-street parking stalls, separate electric meters, coin operated laundry facilities, pitched and flat roofs. Boiler heat & chiller A/C, with individual air handlers in each unit. 2 levels plus a garden level. Rent the units in present condition or do cosmetic updates and raise the rents. This would be a perfect sweat equity property with a price tag reflecting the condition of the property. There is so many positive things about this property, it only needs some upgrades. Call 402-430-8021 for income and expenses.

Property Details

Property Features

Property Information:

  • Year Built: 1968

Listing Office:

  • Office Name: Woods Bros Realty
  • Office Phone: (402) 434-3500
  • Listing Agent: Byron G. Yurth

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Exterior: Covered Deck

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Lincoln High School, Public District Grades 9-12
  • Park Middle School, Public District Grades 6-8
  • Mc Phee Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Consult GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000

Tax Information:

  • Annual Amount: $8,558
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lincoln, NE.

Med. List Price

$329K

Med. Price/SqFt

$158

Avg. Days On Market

38

# of Sold Homes

86

1635 E St vs Lincoln

119 DAYS ON ROCKET

+81 Days

$999,000

+$670K More

KEY TAKEAWAY

This property is $670K more than the Median List Price in Lincoln, NE.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Number: #22329277

Listing Office:

  • Office Name: Woods Bros Realty
  • Office Phone: (402) 434-3500
  • Listing Agent: Byron G. Yurth

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 1:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,558$447,900
2019$11,063$447,900
2018$9,465$576,400
2017$9,514$488,600

History based on county public records data.

Payment Calculator

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1289899
4
/10
  • Mc Phee Elementary School

  • 820 Goodhue Blvd

  • 0.16 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1289900
3
/10
  • Park Middle School

  • 855 S 8th St

  • 0.76 miles

  • Public District Grades 6-8

High School

school-card-donut-1289901
1
/10
  • Lincoln High School

  • 2229 J St

  • 0.49 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,762. Residents of Lincoln, NE typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesNebraskaLancaster CountyLincoln685081635 E St

This home is located at 1635 E St in Lincoln, NE and zip code 68508 in the Near South neighborhood. This home was built in 1968. It has been listed on Rocket Homes since December 29, 2023 and is currently priced at $999,000.

The inventory of homes for sale in Lincoln, NE between February 2024 and March 2024 increased by 154.8%. Listings spent 38 days on the market in March 2024, and had a median list price of $329,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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