About This Home

This 3-bedroom, 3-bathroom residential multi family at 421 Capitol Beach Boulevard in Lincoln, NE is listed for $1,195,000. Built in 1974, on a N/A lot.

Key Features

  • Built in 1974
  • 22 parking spaces

Property Details

3 full
22 spaces
1974
Listing Description

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.

Monthly Cost Estimate

$6,391/mo

20% down · 6.5% · 30 years

Principal$864
Interest$5,178
Insurance$349

Estimates only. Actual payments may vary.

Location

421 Capitol Beach Boulevard

Lincoln, NE 68528

Lakeview Acres

Features & Amenities

Interior Features

AccessibleLaundry FacilitiesZero Step Entry

Exterior Features

AccessibleZero Step Entry

Property Details

Parking

Off Street

Heating

Forced Air

Appliances

RangeRefrigerator

Questions & Answers

This 3-bedroom, 3-bathroom residential multi family at 421 Capitol Beach Boulevard is listed at $1,195,000. The estimated monthly payment is $6,392 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1974, 22 parking spaces. Interior Features: Accessible, Laundry Facilities, Zero Step Entry. Exterior Features: Accessible, Zero Step Entry.

This property is listed by Tim Woosley.

TW

Tim Woosley

Agent at Nebraska Realty

Listed by Nebraska Realty · Broker phone: (402) 491-0100 · View on Broker Site · Broker website

MLS# 22615773· Source: Great Plains Regional MLS· 179 days on PropertySimple

Copyright © 2026 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

421 Capitol Beach Boulevard, Lincoln, NE 68528

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