Vladimer Gorbun

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Listing provided courtesy of Nebraska Realty- MLS# 22615773MLS Provider

421 Capitol Beach BoulevardLincoln, NE 68528

Multi-Family · 3 Beds · 3 Full Baths · 1,675 Sq. ft. | 0.44 Acres
$1,295,000 ACTIVE

421 Capitol Beach Boulevard Overview

Time on Site:
25 days
Visits:
8

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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421 Capitol Beach Boulevard Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,675
  • Price/Sq.ft. $773
  • Lot 0.44 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Lincoln
  • Elementary School: Lakeview
  • Middle Or Junior School: Park
  • High School: Northwest

Building Information

  • New Construction: No
  • Year Built: 1974

Location/Region

  • Country: US
  • County Or Parish: Lancaster
  • MLS Area Major: Lancaster
  • Subdivision Name: Lakeview Acres

Tax Information

  • Tax Annual Amount: $11,600.00
  • Tax Year: 2025

General Information

  • Listing Terms: Conventional,Cash
  • Ownership: Fee Simple
  • Parcel Number: 1021416013000
  • Property Condition: Not New and NOT a Model
  • Property Sub Type: Multi Family
  • Property Type: Residential Income

Interior

Parking Information

  • Garage Spaces: 0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 3

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 1675
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: Exterior Accessible,Interior Accessible
  • Appliances: Range, Refrigerator
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Slab
  • Interior Features: Zero Step Entry
  • Laundry Features: Laundry Facilities
  • Living Area: 1675
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Exterior

Parking Information

  • Parking Features: No Garage, Off Street
  • Parking Total: 22

Lot Information

  • Lot Features: Over 1/4 up to 1/2 Acre, Level
  • Lot Size Acres: 0.4421
  • Lot Size Area: 19260
  • Lot Size Dimensions: 19,260 SF1
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 19260
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick/Other

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Zero Step Entry
  • Fencing: None
  • Number Of Units Total: 13
  • Sewer: Public Sewer

421 Capitol Beach Boulevard Neighborhood

Community

68528 (LINCOLN) Demographics

32
Median Age
288
Population Density (per sq. mile)
50%
College Educated
$67,744
Estimated Median Income
1,351
Estimated Total Home Owners
915
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

421 Capitol Beach Boulevard Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

421 Capitol Beach Boulevard Market Data

Based on the last 30 days in this zip code

$454,078
Average List Price
$214
Average Price per Square Foot
4
Properties Sold
41
Average Days on Market
24
Properties for Sale
Calculations provided by Reliance Network

421 Capitol Beach Boulevard History

Date Event Value Agent
6/9/2026Source: Great Plains MLS Status Change
ACTIVE
6/5/2026Source: Great Plains MLS Added to Database
June 05, 2026