5648 S 38th Street, Lincoln, NE 68516 (MLS # 22514921)
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Presenting 5648 S 38th St - a spacious side-by-side duplex offering significant upsides for savvy investors. Situated on a generous 8.043 sq.ft. lot, this property encompasses a total of 4,140 sq.ft. with each unit featuring approx. 900 sq.ft. on the main level, and 1,170 sq.ft. in the basement. Property Highlights: current layout is 3 bedrooms and 2 bathrooms per unit. Expansion potential: two additional basement rooms with egress windows and closets on each side await finishing touches (flooring and drywall) to transform this property into a larger income generator. While the property requires updates including flooring, paint, and drywall repairs, the listing price reflects these needs offering a prime opportunity for value addition. Each unit includes a fireplace adding charm and appeal. Attached garages provide convenient parking solutions. Located in a desirable South Lincoln neighborhood, close to amenities and schools. This duplex is a rare find.
| LAST UPDATED | 6/2/2025 | YEAR BUILT | 1978 |
|---|---|---|---|
| COMMUNITY | Lancaster | GARAGE SPACES | 2.0 |
| COUNTY | Lancaster | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Rousseau |
|---|---|
| Jr. High School | Scott |
| High School | Lincoln Southeast |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Playground |
| APPLIANCES | Dishwasher, Disposal, Freezer, Microwave, Range, Refrigerator |
| AREA | Lancaster |
| BASEMENT | Sump Pump, Walk-Out Access, Yes |
| CONSTRUCTION | Brick |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Electric, Forced Air |
| HOA DUES | 109.55 |
| INTERIOR | Ceiling Fan(s) |
| LOT | 7841 sq ft |
| LOT DESCRIPTION | City Lot |
| LOT DIMENSIONS | 60 x 120 x 75 x 120 |
| PARKING | Attached |
| SEWER | Public Sewer |
| STYLE | Ranch |
| TAXES | 4051.32 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Woods Bros Realty
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