431 S 40th Street, Lincoln, NE 68510
Central-CVDU · Lancaster County
Key Facts
Description
Investor special duplex - both units sold together. Property is in very poor condition and is being sold AS-IS; seller will make no repairs. Due to condition, property is not eligible for traditional financing - cash buyers only. Each unit offers 2 bedrooms and 1 bath upstairs. South unit has electricity and an original 1974-era kitchen; north unit's kitchen has been removed. Bring a flashlight for showings and use caution throughout. DO NOT WALK ON DECKS (unsafe). See photos for current condition and details.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1974
Living Area
1,101 sq ft
Lot Dimensions
0 x 0
Parking Spaces
2
Ownership
Fee Simple
MLS® Listing#
22603758
Property Features
Appliances
Cooling
Heating
Basement
Parking
Fencing
Lot Features
Foundation
Roof
Sewer
Water Source
Schools
- Elementary:
- Randolph
- Middle:
- Lefler
- High:
- Lincoln High
Financial Details
HOA
None
Annual Taxes
$2,934
Tax year 2025
Parcel Number
1730233003000
Affordability Calculator
$25,000
Estimated monthly payment
$665/mo
Principal $100,000 · Est. interest $139,509 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lincoln, NE
- $403,957
- Median Listing Price
- 37
- Median Days on Market
- 2,335
- Median Sq Ft
- $181
- Median Price / Sq Ft
- 945
- Active Listings
- This home’s price is 69% below the area median.
- Its price per sq ft is 37% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lincoln, NE.
Location
Points of Interest in Lincoln, NE
Showing the Lincoln area map.
Nearby Schools
Randolph Elementary School
Elementary · 0.5 mi away
Adventure Academy Site 3
School · 0.5 mi away
Bryan Community Focus Program
Secondary · 0.6 mi away
Lefler Middle School
Secondary · 0.7 mi away
Bluestem Montessori School
Elementary · 0.7 mi away
Hartley Elementary School
Elementary · 0.9 mi away
Sacred Heart School
School · 0.9 mi away
Science Focus Program
Secondary · 1.1 mi away
Culler Middle School
Secondary · 1.1 mi away
Donald D. Sherrill Education Center
Elementary · 1.2 mi away
Elliott Elementary School
Elementary · 1.2 mi away
Holmes Elementary School
Elementary · 1.2 mi away
Schools Lincoln Public Schools
School · 1.2 mi away
Riley Elementary School
Elementary · 1.3 mi away
Lincoln High School
Secondary · 1.3 mi away
Eastridge Elementary School
Elementary · 1.5 mi away
Lincoln Lutheran School
School · 1.5 mi away
Aacdc
School · 1.5 mi away
Trinity Lutheran School
Elementary · 1.5 mi away
Clinton Elementary School
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1540 N Cotner Blvd Boulevard N B107, Lincoln, NE | $92,000 | 1 | 1 | 548 |
| 3001 S 51st Street Court 430, Lincoln, NE | $92,000 | 1 | 1 | 660 |
| 3001 S 51st Street Court 321, Lincoln, NE | $93,900 | 1 | 1 | 685 |
| 2667 S 10th Street, Lincoln, NE | $99,000 | 2 | 1 | 648 |
| 225 F Street, Lincoln, NE | $114,900 | 2 | 1 | 926 |
| 3011 Walnut Court, Lincoln, NE | $120,000 | 2 | 1 | 1,104 |
Moving Cost Estimate
EXIT Agents in Lincoln
Listing Courtesy: REMAX Concepts - M: 402-499-5394
Presented by: Derek Hilgert