1950 Sumner Street

Multifamily in Near South
Active
 for Sale at 1950 Sumner Street, Lincoln, NE 68502

17

 for Sale at 1950 Sumner Street, Lincoln, NE 68502
 for Sale at 1950 Sumner Street, Lincoln, NE 68502
 for Sale at 1950 Sumner Street, Lincoln, NE 68502
$295,000
Stu
Bath
Half Bath
Ft²
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
1.17%
Est. Monthly
$1,750
Charming Duplex nestled in Lincoln's historic Near South Neighborhood, 1950 & 1952 Sumner is ideally situated for any renter.  The property is a quick bus ride, drive, or bike from historic and active downtown Lincoln.   Within a short commute, you will find attractions such as the beautiful Sunken Gardens, Lincoln Children's Zoo, Ager Indoor Play Center, and several parks. You can easily access the rest of Lincoln with main routes just blocks away.  Property is professionally managed.

LISTING AGENT

Jason OppCentury Sales & Management LLC[email protected]

Building Features

Exterior

Brick Exterior

Home Features

Rooms

Basement

Appliances

CooktopRefrigerator

HVAC

Forced Air

Price History

Date/EventEventPrice
Mar 15, 2023 Listed by Century Sales & Management, LLCListed by Century Sales & Management, LLC$295,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$7,080
ExpensesPer Year
$3,624
Operating ProfitPer Year
$3,456
Cap rate
1.17%

Price Estimate

$341,000$297,950$254,900
20232024202520262027
Current Asking Price

$295,000

HopScore Market Price

$297,950

The current asking price is $2,950 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Active
House
4
3
1,678 ft²
$148/ft²
$249,000
$238.86/mo

Payment Calculator


Building Info

1950 Sumner Street1950 Sumner Street, Lincoln, NE 68502
  • 1 Unit for Sale
More about this Building
1950 Sumner Street
Want to find out who owns 1950 Sumner Street, Lincoln, NE 68502? Get detailed property transactions here .

Neighborhood

About Near South

Stats & Trends

The median asking price in Near South is $215,000.
  • Median Asking

    $215,000
  • Sale Price/ft²

    $109.22
  • Below Asking

    0.01%
  • Days on Market

    17

Inquire about this Property

By proceeding, you agree to our Terms of Service.

Do you want to get pre-approved for a loan?

Contact a Mortgage expert now(646) 760-5105

Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
Stu
-
$295,000
-/mo
Mar 15, 2023
Active
-
-
-
-
Stu
-
$360,000
-/mo
Apr 4, 2022
Expired
-
-
-
-
-

Similar Homes for Sale

Unit for sale at 1909 Sumner Street, Lincoln, NE 68502

$249,000

  • 4 Beds
  • 3 Baths
  • 1,678 ft²
1909 Sumner Street, Lincoln, NE 68502Listing by Lisa Stanczyk

Nearby Rentals

Unit for rent at 1201 Lincoln Mall #1201 Lincoln Mall #413, Lincoln, Ne, 68508

$590/mo

  • Studio
  • 1 Bath
  • 350 ft²
1201 Lincoln Mall #1201 Lincoln Mall #413, Lincoln, Ne, 68508Listing by Manager
Unit for rent at 2800 P Street 1-6 #2800 P Street - #1, Lincoln, Ne, 68503

$600/mo

  • 1 Bed
  • 1 Bath
2800 P Street 1-6 #2800 P Street - #1, Lincoln, Ne, 68503Listing by Manager
Unit for rent at 1716 E Street #1716 E St - #4, Lincoln, Ne, 68508

$600/mo

  • 1 Bed
  • 1 Bath
1716 E Street #1716 E St - #4, Lincoln, Ne, 68508Listing by Manager

1950 Sumner Street, Lincoln, NE 68502


Frequently Asked Questions

What is the median home price in Near South?
The median home price in Near South is $249,000, or $90/sqft. When you buy a home in Near South, you can expect to pay between $189,900 to $295,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Near South?
The median home price for a studio in Near South is $1,085,000, or $0/sqft.
What is the median home price for a One-Bedroom in Near South?
The median home price for a one-bedroom home in Near South is $48,500, or $90/sqft.
What is the median home price for a Two-Bedroom in Near South?
The median home price for a two-bedroom home in Near South is $0, or $0/sqft.
What is the median home price for a Three-Bedroom in Near South?
The median home price for a three-bedroom home in Near South is $0, or $0/sqft.
What is the median home price for a Four+ Bedroom in Near South?
The median home price for a four+ bedroom home in Near South is $219,450, or $115/sqft.
What is the breakdown of listings by bedroom count in Near South?
There are currently 5 available properties for sale in Near South. Of those, 40.00% are studio listings, 20.00% are one-bedroom listings, 0.00% are two-bedroom listings, 0.00% are three-bedroom listings, and 40.00% are four+ bedroom listings.
What is the breakdown of listings by property type in Near South?
There are currently 1 condos, 1 houses, and 3 multifamilies located in Near South. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Near South?
The least expensive property sold in Near South for $30,000.
Now, what is the most expensive property sold in the past 12 months in Near South?
The most expensive property sold in Near South for $675,000.
How long on average are properties in Near South on the market?
Based on our collected data, properties in Near South are on the market for a median time of 17 days.

Nearby Counties
Quantcast