9 days on rocket

4831 Colfax Ave, Lincoln, NE, 68504

$300,000

Home List Price

$3,563*

Closing Credit

0 Baths
Multi

Location

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4831 Colfax Ave, Lincoln$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1961
HeatingNatural Gas, Forced Air
CoolingOther
BasementYes
MLS #22428493
StatusActive
(ACTIVE)

About 4831 Colfax Ave

An incredible investment opportunity awaits with these three nearly identical, all-brick four-plexes located side by side at 4821 Colfax Ave, 4831 Colfax Ave, and 4841 Colfax Ave in Lincoln, NE! Owning three multi-family properties in close proximity offers a rare advantage—greater ease in managing and controlling market rents within this desirable area. Each four-plex provides solid, low-maintenance construction with the classic appeal of brick exteriors. Additionally, these four-plexes can be purchased individually or as a package deal of 4 four-plexes by adding 5438 Ervin St. which is just right down the road. The rent roll and additional details are available in the Associated Docs section. Don’t miss this chance to acquire a cohesive set of high-potential rental properties, all perfectly positioned for efficient management and long-term growth!

Property Details

Property Features

Property Information:

  • Year Built: 1961

Listing Office:

  • Office Name: Woods Bros Realty
  • Office Phone: (402) 434-3500
  • Listing Agent: Nathaniel S Dennis

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000

Tax Information:

  • Annual Amount: $2,281
  • 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

4831 Colfax Ave vs Lincoln

9 DAYS ON ROCKET

-10 Days

$300,000

+$10.5K More

KEY TAKEAWAY

This property is $10.5K more than the Median Sold Price in Lincoln, NE.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #22428493

Listing Office:

  • Office Name: Woods Bros Realty
  • Office Phone: (402) 434-3500
  • Listing Agent: Nathaniel S Dennis

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, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,281$119,400
2019$2,291$119,400
2018$2,168$119,400
2017$2,179$111,900

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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NMLS#3030

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-684403
4
/10

  • Huntington Elementary School

  • 2900 N 46th St

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-684404
4
/10

  • Pershing Elementary School

  • 6402 Judson St

  • 1.07 miles

  • Public District Grades PK-5

school-card-donut-684405
4
/10

  • Brownell Elementary School

  • 6000 Aylesworth Ave

  • 1.57 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,568. Residents of Lincoln, NE typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Nebraska›Lancaster County›Lincoln›68504›4831 Colfax Ave

This home is located at 4831 Colfax Ave in Lincoln, NE and zip code 68504 in the Havelock neighborhood. This home was built in 1961. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $300,000.

In October 2024 more than 63 listings in Lincoln, NE were sold above the asking price. During the same period more than 81 listings were sold at asking price, while more than 114 were sold below. In October 2024 in Lincoln, NE there were 10% more homes for sale than in September 2024. In October 2024, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $289,500.

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

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