5 months on rocket

2541 N 50th St, Lincoln, NE, 68504

$835,000

Home List Price

$9,916*

Closing Credit

0 Baths
Multi

Location

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2541 N 50th St, Lincoln$835,000

Buyer Closing Credits

$9,916*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1920
HeatingElectric, Heat Pump
CoolingCentral Air, Window Unit(s)
BasementYes
MLS #22415270
StatusActive
(ACTIVE)

About 2541 N 50th St

Contract Pending - Opportunities like this don’t come along every day. We present to you a rare-to-find and wonderfully maintained 3-story sorority house. Boasting 12,922 sf of finish which includes a commercial kitchen, 23 sleeping rooms, 6 bathrooms with 8 bathing areas and 16 parking stalls. Next step uses are numerable with Nebraska Wesleyan University directly out the front door. Zoned R-6 this location is prime for a multiplex conversion, single family mansion, private club, school, religious facility, Airbnb, Bed & Breakfast or possibly even a boutique restaurant or bar with mixed use. With updates like a 2010 interior sprinkler system, 2011 HVAC, 2017 first floor common area remodel, 2021 new roof and 2022 full exterior paint there’s loads to appreciate.

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: HOME Real Estate
  • Office Phone: (402) 436-4663
  • Listing Agent: Daria Springer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Interior: Security System, 9+ Ceiling, Fire Sprinklers

Exterior Features

Exterior Information:

  • Exterior: Porch, Deck/Balcony

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Corner Lot, Level

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: From the corner of N 48th & Leighton, drive north on N 48th St to Huntington. Turn right/east onto Huntington. Turn left/north onto N 50th St. Property is on the left side of road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $835,000

Tax Information:

  • Annual Amount: $7,286
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lincoln, NE.

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Lincoln, NE

City

Med. Sold Price

$289.5K

Med. Price/SqFt

$157

Avg. Days On Market

19

# of Sold Homes

268

2541 N 50th St vs Lincoln

152 DAYS ON ROCKET

+133 Days

$835,000

+$545.5K More

KEY TAKEAWAY

This property is $545.5K more than the Median Sold Price in Lincoln, NE.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #22415270

Listing Office:

  • Office Name: HOME Real Estate
  • Office Phone: (402) 436-4663
  • Listing Agent: Daria Springer

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 24, 2009Home Sold
$353,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,286$381,300
2019$7,318$381,300
2018$7,386$381,300
2017$7,425$381,300

History based on county public records data.

Payment Calculator

$4,235

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,570

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-655769
4
/10

  • Huntington Elementary School

  • 2900 N 46th St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-655770
4
/10

  • Brownell Elementary School

  • 6000 Aylesworth Ave

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-655771
4
/10

  • Riley Elementary School

  • 5021 Orchard St

  • 0.90 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,361. The majority of Lincoln, NE residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Nebraska›Lancaster County›Lincoln›68504›2541 N 50th St

This home is located at 2541 N 50th St in Lincoln, NE and zip code 68504 in the University Place neighborhood. This home was built in 1920. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $835,000.

While more than 63 listings in Lincoln, NE in October 2024 were sold above asking price, there were more than 81 listings sold at asking price, and more than 114 were sold below. The number of homes for sale in Lincoln, NE increased by 10% between September 2024 and October 2024. While the average time on the market in October 2024 was 19 days, the median list price was $289,500.

From Rocket Homes Real Estate and based on county public records data.

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