About 1035-1033 S 40th Street
1035/1033 S 40th St. Fully occupied all-brick duplex in a desirable central Lincoln location. Each unit offers 2 bedrooms, 1 bathroom, and a functional layout with a full basement, providing additional storage and potential for future finish. Property includes a detached garage. All-brick construction offers durability and low maintenance. Strong rental history with immediate income in place. Ideal for investors seeking a stable asset with upside potential and long-term appreciation. Current leases are month to month.
Features of 1035-1033 S 40th Street
| MLS® # | 22609415 |
|---|---|
| Price | $298,000 |
| Bathrooms | 0.00 |
| Acres | 0.19 |
| Year Built | 1960 |
| Type | Residential Income |
| Sub-Type | Multi Family |
Community Information
| Address | 1035-1033 S 40th Street |
|---|---|
| Subdivision | Johnson And Schafer Replat |
| City | Lincoln |
| County | Lancaster |
| State | NE |
| Zip Code | 68510 |
Interior
| Heating | Natural Gas, Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
| Walk-Out Basement | No |
Room Details
| Room | Size | Level | Description |
|---|
Exterior
| Lot Description | Up to 1/4 Acre. |
|---|---|
| Construction | Brick |
| Foundation | Block |
| Lot Dimensions | 132 x 64 |
| # of Garages | 2 |
School Information
| District | Lincoln |
|---|---|
| Elementary | Randolph |
| Middle | Lefler |
| High | Lincoln High |
Additional Information
| Date Listed | April 9th, 2026 |
|---|---|
| ListingOffice | Capitol Realty |
| RE / Bank Owned | No |
| Directions | Use Gps. |
Financials
| Tax Amount | $3,283 |
|---|---|
| Tax Year | 2026 |