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Listing provided courtesy of Nebraska Realty- MLS# 22610632MLS Provider

1365 S 40th StreetLincoln, NE 68510

Multi-Family · 4 Beds · 2 Full Baths · 1,980 Sq. ft. | 0.19 Acres
$339,000 ACTIVE

1365 S 40th Street Overview

Time on Site:
68 days
Visits:
21

Welcome to this well-maintained brick duplex! Each side of this duplex has two bedrooms and one bath. Enter into the spacious and bright living room and then the formal dining room and bright kitchen! The second floor has the primary bedroom and second bedroom with full bathroom, lower level is laundry. There is a two car detached garage. One side of the duplex is currently rented and is a mirror of the vacant side of the duplex. This property is located close to restaurants and shopping!

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1365 S 40th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,980
  • Price/Sq.ft. $171
  • Lot 0.19 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Lincoln Public Schools
  • Elementary School: Randolph
  • Middle Or Junior School: Lefler
  • High School: Lincoln High

Building Information

  • New Construction: No
  • Year Built: 1950

Location/Region

  • Country: US
  • County Or Parish: Lancaster
  • MLS Area Major: Lancaster
  • Subdivision Name: Central - CVDU

Tax Information

  • Tax Annual Amount: $3,380.00
  • Tax Year: 2025

General Information

  • Listing Terms: VA Loan,FHA,Conventional,Cash
  • Ownership: Fee Simple
  • Parcel Number: 1730427002000
  • Property Condition: Not New and NOT a Model
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 2
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 1980
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Total: 1980
  • Building Area Units: Square Feet

General Information

  • Appliances: Range, Refrigerator
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Wood, Luxury Vinyl, Plank
  • Foundation Details: Block
  • Levels: Two
  • Living Area: 1980
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 0

Exterior

Parking Information

  • Parking Features: Detached
  • Parking Total: 2

Lot Information

  • Lot Features: Up to 1/4 Acre., City Lot, Paved, Common Area
  • Lot Size Acres: 0.19
  • Lot Size Area: 8177
  • Lot Size Dimensions: 124 x 69 x 124 x 69
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8177
  • Lot Size Units: Square Feet
  • Road Surface Type: Paved
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick
  • Patio And Porch Features: Porch
  • Property Attached: Yes
  • Roof: Composition

General Information

  • Carport: No
  • Covered Spaces: 2
  • Electric On Property: Yes
  • Fencing: None
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Water Available,Sewer Available,Phone Available,Fiber Optic

1365 S 40th Street Neighborhood

Community

68510 (Lincoln) Demographics

38
Median Age
3,521
Population Density (per sq. mile)
50%
College Educated
$59,013
Estimated Median Income
5,496
Estimated Total Home Owners
3,619
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1365 S 40th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1365 S 40th Street Market Data

Based on the last 30 days in this zip code

$323,859
Average List Price
$158
Average Price per Square Foot
29
Properties Sold
48
Average Days on Market
75
Properties for Sale
Calculations provided by Reliance Network

1365 S 40th Street History

Date Event Value Agent
4/30/2026Source: Great Plains MLS Price Reduction
$339,000 -2.9%
4/27/2026Source: Great Plains MLS Status Change
ACTIVE
4/22/2026Source: Great Plains MLS Added to Database
April 22, 2026