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4942 Madison Ave
Lincoln, NE 68504

$350,000 USD

Apartments For Sale  •  4,640 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,640 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1887
  • Zoning R6
28 Transit Score
74 Walk Score

Highlights

Great rental income
One block from college
Large, converted mansion into 4-plex

Financial Summary (Actual)

Net Operating Income: $41,574 USD (2024)
Total Expenses: $7,506 USD

Amenities

  • Laundry Facilities
  • Trash Pickup - Curbside
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
Lincoln Amtrak Station (California Zephyr - Amtrak) 9 min - 4.4 mi
AirportDriveWalkDistance
Lincoln 12 min - 6.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Gena Schriver 402-320-4663 Nebraska Realty
Gena Schriver 402-320-4663 Nebraska Realty