Multi-Family for Sale: 4942 Madison Avenue, Lincoln, NE 68508

$350,000
$350,000
4942 Madison Avenue, Lincoln, NE 68508
$350,000
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Price:
$350,000
$12,500 - 11/05/2024

Type Multi-Family
Year Built 1887
Taxes Paid $4,505

City Lincoln
County Lancaster
School District Lincoln
Subdivision University Place

MLS 22423667
Status active
DOM 99 days
Check out this Magnificent Mansion conversion to 4-plex with 4640 finished sqft & covered front porch on large, corner double lot. Amazing investment opportunity across street from Wesleyan University! Fully rented for total of $4090/mo. Massive main floor 4-bed apartment rents by room to 4 tenants & boasts newer high-efficency furnace, hardwood floors, updated kitchen, huge family room area, gorgeous windows and built-ins; several bonus sinks; easy access to main floor laundry. 2nd Floor has two separate apartments = Apt #2 is a super spacious 3 bed that's been beautifully remodeled; Apt #2A is large studio apartment with 3/4 bath; 3rd floor apartment is huge 1+bed with separate exterior access. Main floor laundry access on back of house for all tenants; off street and street parking. Residential MLS #22423664

Room Features

Basement Yes

Lot & Building Features

Appliances Dishwasher, Washer, Refrigerator, Range - Cooktop + Oven, Oven - No Cooktop, Dryer
Sewer Public Sewer, Public Water
Tax Year 2023
Taxes Paid $4,505
Fireplaces 1

Community and Schools

Elementary School Riley
Junior High School Dawes
Senior High School Lincoln Northeast

Price History of 4942 Madison Avenue, Lincoln, NE

Date Name Price Difference
11/05/2024 Price Adjustment $350,000 3.45%
10/17/2024 Price Adjustment $362,500 3.33%
09/23/2024 Price Adjustment $375,000 1.32%
09/13/2024 Listing Price $380,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 4942 Madison Avenue, Lincoln, NE

Location Map Street View
Photo of Nick Pacal
Nick Pacal
Realtor
Direct: 402-880-6096
Office
13057 W. Center Road Suite 1
Omaha, NE 68144
402-680-8448
Listed by Nebraska Realty, Gena Schriver & Ana Perez
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4942 Madison Avenue (MLS #22423667) is a multi-family listing located in Lincoln, NE. This property was listed on 09/13/2024 and has been priced for sale at $350,000.

Nearby zip codes are 68503, 68504, 68505, 68507 and 68514. This property neighbors other cities such as Davey, Denton and Hickman.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Nebraska Realty