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Listed by Jared Sasse 1st Choice Realty Team
$ 535,000
Est. payment /mo
New
3131 Dudley ST Lincoln, NE 68503
6,751 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Hills (W F) Subdivision, Lot 3
MLS Listing ID 22620290
HOA Y/N No
Year Built 2020
Annual Tax Amount $6,919
Lot Size 6,751 Sqft
Acres 0.155
Lot Dimensions 50 x 135
Property Sub-Type Multi Family
Property Description
Excellent investment opportunity with this well-maintained side-by-side duplex. Each spacious unit offers 4 bedrooms, 3 bathrooms, an open-concept floor plan, stainless steel appliances, durable LVT flooring throughout the main level, and an attached two-stall garage. High-efficiency furnaces provide energy savings, while additional driveway parking and alley access add convenience for tenants. The property is currently generating $4,225 per month in rental income with leases at $2,025 and $2,200 per month, offering immediate cash flow. There is strong upside potential, with market rents estimated at $2,500+ per unit, providing an excellent opportunity to significantly increase future income. Listed below the current assessed value of $548,800, this is a rare opportunity to own a newer, low-maintenance investment property with stable occupancy, strong income potential, and long-term appreciation.
Location
State NE
County Lancaster
Area Lancaster
Direction GPS
Interior
Heating Natural Gas, Forced Air
Cooling Central Air
Fireplaces Number No
Fireplace No
Exterior
Parking Features Attached
Garage Spaces 4.0
Fence None
Porch Patio
Garage Yes
Building
Foundation Slab
Lot Size Range 0.155
Sewer Public Sewer
Water Public
Schools
Elementary Schools Clinton
Middle Schools Culler
High Schools Lincoln Northeast
School District Lincoln
Others
Ownership Fee Simple
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Angela Tabor
Broker, Realtor®