$125,000

431 S 40th Street, Lincoln, NE 68510

  • 2 beds |
  • 1 bath |
  • 1,101 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1974
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $114/sqft
  • Property List Date Icon Listed 5 days ago

Property 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.

Listing Status:
Pending
Data Last Updated:
February 16, 2026 at 3:48AM
Listing Office:
REMAX Concepts : 402-441-4120
Listing Agent:
Derek Hilgert : 402-499-5394
MLS ID:
22603758
  • Appliances: None
  • Basement: None
  • A/C: Central Air
  • Heating: Natural GasForced Air
  • Fireplace: Fireplaces: 0
  • Parking: No GarageParking spaces: 2
  • Roofing: Other
  • General: Other
  • Originating MLS: Great Plains Regional MLS
  • School District: Lincoln
  • County: Lancaster
  • Zoning: GrovedaleBlock 1Lot 4S30' & N30' LOT 5 & E1/2 VAC ALLEY ADJ1730233003000
  • Fencing: None
  • Water: Public
  • Sewer: Public Sewer
  • Source: Great Plains Regional MLS
  • Ownership: Fee Simple

This listing courtesy of Derek Hilgert , REMAX Concepts

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Randolph Elementary School

1024 S 37th St, Lincoln, NE, 68510

Grades KG-5

0.47 miles away

L

Lefler Middle School

1100 S 48th St, Lincoln, NE, 68510

Grades 6-8

0.75 miles away

L

Lincoln High School

2229 J St, Lincoln, NE, 68510

Grades 9-12

1.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.