Listing provided courtesy of 1st Choice Realty Team- MLS# 22611490
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Request Info3131 Dudley StreetLincoln, NE 68503
Multi-Family · 8 Beds · 3 Full Baths · 4,224 Sq. ft. | 0.16 Acres$535,000
ACTIVE
3131 Dudley Street Overview
- Time on Site:
- 62 days
- Visits:
- 15
Excellent investment opportunity with this well-maintained side-by-side duplex. Each spacious unit offers 4 bedrooms, 3 bathrooms, an open-concept floor plan, stainless steel appliances, durable LVT flooring throughout the main level, and an attached two-stall garage. High-efficiency furnaces provide energy savings, while additional driveway parking and alley access add convenience for tenants. The property is currently generating $4,225 per month in rental income with leases at $2,025 and $2,200 per month, offering immediate cash flow. There is strong upside potential, with market rents estimated at $2,500+ per unit, providing an excellent opportunity to significantly increase future income. Listed below the current assessed value of $548,800, this is a rare opportunity to own a newer, low-maintenance investment property with stable occupancy, strong income potential, and long-term appreciation.
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3131 Dudley Street Facts & Features
- Type Multi-Family
- Sq. ft. 4,224
- Price/Sq.ft. $127
- Lot 0.16 Acres
Details
General
Association/HOA
- Association: No
School Information
- School District: Lincoln Public Schools
- Elementary School: Clinton
- Middle Or Junior School: Culler
- High School: Lincoln Northeast
Building Information
- New Construction: No
- Year Built: 2020
Location/Region
- Country: US
- County Or Parish: Lancaster
- MLS Area Major: Lancaster
- Subdivision Name: Hills (W F) Subdivision, Lot 3
Tax Information
- Tax Annual Amount: $6,919.40
- Tax Year: 2025
General Information
- Listing Terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
- Parcel Number: 1719110004000
- Property Condition: Not New and NOT a Model
- Property Sub Type: Duplex
- Property Type: Residential
- Senior Community: No
Interior
Parking Information
- Garage Spaces: 4
- Garage: Yes
Beds/Baths
- Bathrooms Full: 3
- Bathrooms Total: 6
- Bedrooms Total: 8
Building Interior
- Above Grade Finished Area: 4224
- 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: 4224
- Building Area Units: Square Feet
General Information
- Basement: No
- Fireplace: No
- Fireplaces Total: 0
- Foundation Details: Slab
- Levels: Two
- Living Area: 4224
- Living Area Source: Assessor
- Living Area Units: Square Feet
- Main Level Bathrooms: 1
Exterior
Parking Information
- Parking Features: Attached
- Parking Total: 4
Lot Information
- Lot Features: Up to 1/4 Acre.
- Lot Size Acres: 0.155
- Lot Size Dimensions: 50 x 135
- Lot Size Source: Assessor
- Lot Size Units: Square Feet
- Water Source: Public
Building Exterior/Construction
- Attached Garage: Yes
- Patio And Porch Features: Covered Patio
- Property Attached: Yes
General Information
- Carport: No
- Covered Spaces: 4
- Fencing: None
- Sewer: Public Sewer
3131 Dudley Street Neighborhood
Community
68503 (Lincoln) Demographics
27
Median Age
5,199
Population Density (per sq. mile)
43%
College Educated
$37,388
Estimated Median Income
2,285
Estimated Total Home Owners
4,058
Estimated Total Renters
36% / 64%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
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.3131 Dudley Street Monthly Cost
3131 Dudley Street Market Data
Based on the last 30 days in this zip code
$248,663
Average List Price
$137
Average Price per Square Foot
10
Properties Sold
39
Average Days on Market
41
Properties for Sale
3131 Dudley Street History
| Date | Value | Agent |
|---|---|---|
| 6/9/2026Source: Great Plains MLS | $535,000 -1.8% |
|
| 5/2/2026Source: Great Plains MLS | ACTIVE |
|
| 4/28/2026Source: Great Plains MLS | April 28, 2026 |