Homes Under $500K Price For Sale in 68503, NE

Excellent Investment Opportunity in the Heart of Lincoln! This purpose-built, ranch-style duplex offers an impressive 8 legal bedrooms and 4 bathrooms, ideally situated in a central location near the University of Nebraska and everything Lincoln has to offer! Each spacious unit features 4 bedrooms and 2 bathrooms, with 2 bedrooms and 1 bathroom on the main level, plus an additional 2 bedrooms and 1 bathroom in the finished basement. Both units offer convenient in-unit laundry hookups and functional layouts. Additional highlights include a fenced yard, alley access, and a detached 2-stall garage. Whether you're looking to expand your investment portfolio, generate rental income, or live in one unit while renting the other, this property offers incredible versatility and opportunity! Both units are vacant and ready for immediate occupancy or new tenants. Don't miss this fantastic opportunity! Call today!

Opportunity awaits! This spacious property offers excellent potential for an owner-occupant or investor. Conveniently located near a main route connecting UNL’s East and City campuses, the home currently functions as a single-family residence but may offer the potential to be converted back into a duplex or three separate units, subject to applicable zoning and approvals. The expansive lower level and kitchen areas on the upper levels provide plenty of flexibility. Enjoy the large covered front porch and a generous backyard deck perfect for entertaining. With abundant space and possibilities, this property is ready for someone to bring their vision and build equity!

Investor Special, looking for your next fix-and-flip, buy-and-hold rental, or value-add investment? This property offers an opportunity for investors looking to complete renovations. With good bones and unfinished improvements, you have the flexibility to finish the property to your specifications while controlling renovation costs and selecting finishes that fit your investment strategy. Whether your goal is to renovate and resell or create a long-term rental, this property is ready for its next chapter. Bring your contractor, evaluate the remaining work, and explore the possibilities. Don't miss this opportunity to turn an unfinished property into your next investment success!

Welcome to this charming 3-bedroom ranch home nestled on a desirable, large corner lot! Featuring a spacious, fully fenced-in backyard, this property offers plenty of outdoor room to relax or entertain. Inside, you will find well-maintained original wood floors gracing the living room and main-level bedrooms. Equipped with major conveniences including a radon mitigation system, water softener, and a washer and dryer, this move-in-ready home is ready for its next owner. Schedule your showing today!

Welcome home to this charming bungalow just a touchdown pass from Memorial Stadium. The main level has a good-sized living room, two bedrooms, open kitchen, and a three-quarter bathroom with a soaking bathtub. The daylight basement is unfinished but offers excellent flexibility, with the current owners using part of the space as a primary bedroom, complete with a shower plus washer and dryer. Outside, the huge lot is a standout feature, providing an abundance of yard space for recreation, entertaining, gardening, or simply enjoying the outdoors. A great opportunity to own a home with a large lot and room to add your personal touch, which may be tearing the home down and building a muli-family unit in its place. Options. Uptdates: * 2019 / 2020 New Roof * 2024 (5) Double Pane windows installed by Mad City Window & Bath * 2019 Front & Back Door Screens Replaced

Priced to sell! This fully rented two-unit conversion received an updated interior in 2020. Unit 1, on the upper level, is a 2-bedroom, 1-bath unit rented month-to-month at $800/month. Unit 2, on the main level, is a 1-bedroom, 1-bath unit with an enclosed front porch, leased through next year at $900/month. The property is close to the UNL campus, shops, and bus stops. The yard is small and easy to maintain, and the full basement offers storage and laundry.

Coming Soon! Handyman special. This home being sold as is. Lot's of potential with this 2 BR 1 Ba home with large lot and large oversize garage and workshop. Needs work inside. Newer roof (2023), HVAC (2024) and water heater (2027). Large oversized garage 800 sq ft) is insulated and primed for the hobbyist wood worker or professional contractor. Oversized corner lot contains fruit trees and plenty of space to lounge. Investors this is the winter project you have been looking for.

A Home with a Story to Tell! Nestled among mature trees at 1708 N. 32nd Street, this distinctive Lincoln residence is a celebration of craftsmanship, character, and the timeless beauty of wood. Rich hardwood floors, soaring tall ceilings, exquisite custom cabinetry, and thoughtfully designed custom built-ins create an atmosphere of warmth and architectural elegance. A full basement offers additional possibilities, while the beautifully landscaped yard provides a peaceful retreat beneath a canopy of mature trees. With a fascinating history that includes being moved from its original location and featured in a local book, this is no ordinary home. Every grain, every detail, and every room tells a story. More than a house, it's a living piece of Lincoln history, where wood is not simply a material, but the very soul of the home. Don' miss the large outdoor deck, greenhouse room, pergola, fire pit, detached one car garage, and hidden entrance. 2 beds and 1 3/4 baths. Great house.

Contact pending - on the market for backup offers! Welcome to 2284 Sheldon Street! This beautifully renovated 1920 bungalow seamlessly blends timeless character with modern updates and everyday functionality. The main floor features two bedrooms, a bright and open kitchen filled with natural light, a spacious pantry with plenty of storage, and a casual dining area perfect for everyday meals or entertaining. The finished basement provides even more living space, complete with a third bedroom, a second bathroom, and flexible room for guests, a home office, or recreation. Enjoy your morning coffee on the enclosed front porch or unwind in the evening on the back deck. Ideally located near downtown, schools, shopping, restaurants, and more, this move-in-ready home offers the perfect combination of historic charm, modern convenience, and comfortable living. Don't miss your chance to make this charming home yours! Schedule your private showing today!

Full of timeless character and thoughtful modern updates, this charming 1917 bungalow sits proudly on a spacious corner lot in central Lincoln. Welcomed by a classic front porch, the main level features 1,047 square feet of living space highlighted by beautifully refinished original hardwood floors and updated windows and light fixtures. With 3 bedrooms and 2 full baths, the home also includes a basement featuring a great room, laundry room, full bathroom, 3rd bedroom, and flex space. Outside, the fenced yard provides plenty of room to relax or entertain, complete with two storage sheds for a workshop. Move-in ready with character to spare!

An exceptional renovation, thoughtfully executed from the inside out! This home has undergone a remarkable transformation, with tremendous care poured into the craftsmanship, high-quality finishes, and extensive updates that make it feel brand new. New siding, HVAC, electrical, plumbing, custom cabinets, quartz countertops, and more bring substance and peace of mind to this beautiful home! Four bedrooms, plus a fifth non-conforming, offers versatile space while the massive garage with a full shop setup is a standout for projects, hobbies, or the perfect space to house your business! This property also offers tons of storage potential in both the garage and attic. The private, fenced yard, and covered gathering area beside the garage extend the appeal outdoors, creating an inviting place to relax and entertain friends and family. A true labor of love, ready for its next chapter! Come see this one today!

**Charming Colonial 2-Story Home with Original Character Near UNL East Campus!** This 4 Bedroom home offers over 2,200 finished square feet featuring beautiful oak hardwood floors, original woodwork, crown molding, spacious living room with wood-burning fireplace, inviting sunroom, formal dining room, and updated eat-in kitchen with stainless steel appliances and backyard deck access. The second floor features four bedrooms with hardwood floors and a full bathroom. The partially finished basement offers additional living space with a family room, bathroom, laundry area, and storage. The exterior features a detached garage, fully fenced backyard, mature trees, landscaping, deck, and covered patio. Conveniently located near UNL East Campus and downtown Lincoln, this home combines classic architectural charm with comfortable living spaces. Call/text Alex at 402-730-9709 today to schedule a showing!

Ask how you can save over $300 per month on your payments! Classic Craftsman character meets the kind of location that makes everyday life more enjoyable. Set in a quiet cul-de-sac, this inviting bungalow pairs timeless details with practical updates and room to spread out. Original hardwood floors and a traditional fireplace bring warmth and personality to the main living space, while the finished basement adds a third legal bedroom and second bathroom, creating flexibility for guests, a home office, or additional living space. Outside, the fenced backyard offers a private and secluded area to enjoy a quiet morning or unwind at the end of the day. The detached two-stall garage provides room for parking, storage, and weekend projects. With the MoPac Trail and East Campus just minutes away, you can enjoy the convenience of nearby recreation, ice cream at East Campus' dairy store, as well as nearby shopping and restaurants. Seller offering rate buy down with acceptable offer!

Classic all brick ranch in a convenient location near UNL's East Campus! Built in 1952, this charming 3 bedroom, 2 bath home offers the solid construction of its era combined with a comfortable, functional floor plan. Beautiful wood floors add warmth throughout, while the updated kitchen provides functional space for everyday living. The lower level features a large family room, 3rd legal bedroom and bathroom. The timeless brick exterior and detached 1-stall garage add to the homes appeal. The yard is fully fenced and there is a patio perfect for spending time in the spacious backyard. This home also sits on a quiet street, to close restaurants, the Mo-pac trail, and directly across from East Campus. All appliances stay and the sellers have just installed a brand-new AC & Furnace.

Move right in to this cozy home in the heart of Lincoln. With a little creativity you can add some finishing touches and make this home your own. Whether you're buying your first home or adding to your investment portfolio - this home is worth consideration. All measurements approximate. Agent has equity.

Welcome to 2507 R Street, a thoughtfully designed new townhome in Lincoln's historic Malone neighborhood, offering modern living in a convenient central location. This 1,612-square-foot home features 3 bedrooms, 2.5 baths, and an attached garage. The unfinished lower level offers excellent potential for future expansion, with space for a 4th bedroom, additional bath, and living area. Ideally located near Downtown Lincoln, the University of Nebraska-Lincoln, parks, trails, dining, shopping, and everyday conveniences. This home must be owner-occupied.

Welcome to 2503 R Street, a thoughtfully designed new townhome in Lincoln's historic Malone neighborhood, offering modern living in a convenient central location. This 1,612-square-foot home features 3 bedrooms, 2.5 baths, and an attached garage. The unfinished lower level offers excellent potential for future expansion, with space for a 4th bedroom, additional bath, and living area. Ideally located near Downtown Lincoln, the University of Nebraska-Lincoln, parks, trails, dining, shopping, and everyday conveniences. This home must be owner-occupied.

A great investment or first-time home buyer opportunity! Three bedroom, one and a half bath. Many upgrades which include new paint throughout. New carpet in the upstairs bedrooms. New LVP flooring, vanities and plumbing fixtures in both bathrooms. New kitchen countertop along with new LVP flooring. With main floor laundry room. Call today for your personal showing.

Charming bungalow offering comfortable one-level living with 3 bedrooms and 1 bathroom. The home features a convenient main-floor laundry room, a gas stove in the kitchen, and a practical layout with everything you need on one level. Outside, enjoy mature trees, a spacious yard setting, and a detached EXTRA LARGE 2-car garage with plenty of room for parking and storage. A great opportunity for buyers looking for simplicity, convenience, and classic bungalow charm. House is being sold AS IS, WHERE IS.

Brand new carpet, brand new paint and an updated kitchen. This 1900 bungalow sits between UNL's City and East campuses and is ready to move into. Four bedrooms and two baths, all on the main floor, 1,240 sq ft. High ceilings and arched doorways keep the old-house character. Laundry is in the partial basement, with room for storage. Outside: a covered front porch, a storage shed and off-street parking off the alley. Central air and gas forced-air heat. It's a 126-year-old house, so it has its quirks. Come have a look.

Charming Home Near UNL East Campus – Perfect for Students, Professionals, or Investors! Location, convenience, and fantastic outdoor space come together in this delightful 2-bedroom, 1-bathroom home situated just moments from the University of Nebraska-Lincoln East Campus. Whether you are looking for a rental investment property, a cozy starter home, or a convenient spot close to campus life, this property checks every box.

Welcome home to this beautifully designed townhome, built in 2016, offering 4 bedrooms, 2 bathrooms, and an attached 2-stall garage! The spacious main floor features an inviting open layout with a comfortable living area, formal dining space, convenient main-floor laundry, and a half bath. The kitchen offers abundant cabinetry, generous counter space, and an open design perfect for everyday living and entertaining. Upstairs, you'll find three spacious bedrooms, a full bathroom, and plenty of storage. The primary bedroom also features its own covered balcony, creating the perfect spot to unwind after a long day. The finished lower level provides a second family room, fourth bedroom, additional storage, and a bathroom rough-in for future expansion. Outside, enjoy beautiful landscaping and a fully fenced yard, ideal for relaxing or entertaining. Conveniently located near schools, shopping, and with easy access throughout Lincoln. Call today and schedule your tour.

Incredible opportunity to own an investment property near East Campus and Nebraska Wesleyan. Currently fully rented with a history of consistent cash flow. This multi-family conversion property built at the turn of the last century has four units consisting of a 3 Bed-2 Bath, a 3 Bed-1 Bath, a 2 Bed-1 Bath, and a 1 Bed-1 Bath. Units are metered separately for electricity. No gas utilities. Alley access with on-site parking for tenants makes the property that much more attractive. Owner has done $40,000+ in upgrades over the last year. One Photo is edited by AI.

Come take a look at this home sitting on a corner lot. Conveniently located near schools, parks, shopping and every day amenities. Room to expand upstairs. Detached garage and adjoining driveway - not shared.

Welcome to 532 N 26th Street, a thoughtfully renovated and reimagined historic home in Lincoln?s Malone neighborhood. Recently rehabilitated by NeighborWorks Lincoln, this 1,320 sq. ft. home blends historic character with fresh, modern updates. The redesigned floor plan adds an additional upstairs bedroom and bathroom, creating a functional 4-bedroom, 2-bath layout. Interior improvements include stainless steel kitchen appliances, updated countertops, new flooring, and fresh paint throughout. Outside, enjoy a spacious backyard with plenty of room to relax, garden, or entertain, along with the convenience of a detached garage. Centrally located with easy access to Downtown Lincoln, the University of Nebraska?Lincoln, parks, trails, shopping, dining, and other city amenities, this beautifully refreshed home offers comfortable living in a convenient location. First time homebuyers may be eligible for $35,000 in Down payment assistance through NeighborWorks Lincoln.

Bring your vision to this property full of opportunity! With plenty of potential for updates and improvements, this home is ready for its next chapter. Whether you're looking for your next renovation project or a place to make your own, this property provides a solid foundation to add your own style and personal touches. With a little creativity and effort, this could be a truly rewarding project for its next owner.

Looking for a well priced ranch style home that you can put a little work into and have something special? If so then don't miss on this 3 bed, 1 bath ranch style home with 960sqft, attached garage, and located close to East Campus. The home needs some love, but with it being a slab home the laundry and everything is on one level. The bathroom has a walk-in tub, making it perfect for the right buyer. New AC last year, and the roof is less then 10 years old. The backyard is good size, has large shade trees, and alley access on two sides. Selling As-Is. Call today to schedule your private showing!

Discover the perfect blend of comfort and character in this centrally located 3-bedroom, 1.5-bathroom gem. Step inside to find hardwood floors, arched walls creating a warm and inviting atmosphere. This home boasts charming character with its thoughtful updates, ensuring modern convenience while preserving its unique charm. The new HVAC system provides peace of mind and year-round comfort. You'll love the convenience of the attached 2-car garage, a rare find in this central Lincoln location. Host gatherings in the elegant formal dining room or relax in the spacious living areas. Don't miss the opportunity to make this house your home. Schedule a viewing today!

Charming 2 Story Home with Modern Updates & Spacious Basement Unit. Beautifully updated two-story home that blends classic charm with modern convenience. Featuring 4 well-appointed bedrooms and 2 bathrooms in the main living quarters with large formal dining, den and living room. Updated with a new roof, newer poured concrete foundation, and updated plumbing, electrical and HVAC systems, while preserving its original character and warmth. The main floor welcomes you with period details including hardwood floors and timeless architectural features, while the contemporary upgrades provide all the comforts of modern living. Downstairs, you'll find a fully finished basement unit, offering 2 additional bedrooms and 2 bathrooms, ideal for extended family, guests, or even as a rental income opportunity & includes a kitchen, laundry and separate entrance. Outside, it shines with a large, fenced yard, patio & oversized garage w/ floor pit!

UNDER CONTRACT accepting backup offers. Live in one side and rent out the other—or grab your bestie and become neighbors! This completely remodeled, purpose-built side-by-side duplex offers flexibility, style, and a smart investment opportunity. Each unit has 2 bedrooms, 1 bathroom, washer/dryer hookups, and separate gas and electric utilities. One side has a basement for additional storage, while the other has a crawl space. Both feature bright, open interiors, new flooring, recessed lighting, updated bathrooms, and beautiful kitchens with sage green cabinetry, butcher block-style countertops, and stainless steel appliances. And when we say remodeled, we mean it! Updates include new windows, siding, roof, gutters, plumbing, electrical wiring and panels, two water heaters, furnaces, and central air conditioning units. Outside, enjoy a big yard, two giant covered back porches, a detached two-car garage, and plenty of extra parking from the alley.

Charming 2.5-story home in a fantastic location close to the University! This spacious 4-bedroom, 2-bath home offers character, functionality, and plenty of room to make it your own. The updated kitchen provides modern style and convenience, while the additional living spaces offer flexibility for everyday living, entertaining, or working from home. Outside, enjoy a 2-stall detached garage and a great location near campus. It's a must see!

North Lincoln Investor Opportunity! Bring your vision to this spacious 5-bedroom, 2¾-bath property offering approximately 2,300 sq. ft. of potential. With a 1-stall garage and plenty of room to reimagine the space, this property is an excellent candidate for a winter renovation project. Whether you’re an investor looking to add value, a flipper seeking your next project, or a buyer ready to create a home with your own vision, the possibilities are here. Conveniently located in North Lincoln, this property offers the space and flexibility to make your investment goals a reality. Come see the potential and start planning your next project!

Opportunity awaits with this centrally located multi-family investment property near East Campus! Whether you're looking to expand your rental portfolio or step into investment ownership, this property offers income-producing potential in a convenient location close to the university, shopping, dining, and everyday amenities. Numerous major improvements have already been completed, including a new roof, soffit, fascia, and gutters in October 2025; two newer furnaces and a hot water heater within the last five years; a remodeled bathroom in 3201 Starr completed in 2024; and a new A/C unit installed in July 2026. Current rents: 3201 Starr $1,200.00, 3205 Starr $1,595.00, 3203 Starr $675.00 ONE stall Garage rental $150.00 With multiple units, significant recent updates, and a desirable central location near East Campus, this is a multi-family investment opportunity you won't want to miss!

PRICE DROP!! Rare East Campus investment opportunity! This turnkey, newly updated duplex offers an excellent opportunity for new and seasoned investors seeking immediate rental income and long-term potential. Both units are FULLY RENTED, providing established cash flow from day one. With recent updates and tenants already in place, this property is a great addition to any investment portfolio This duplex features 2- 2 bed 1 bath, 1.5 story units. Equipped with stackable washer and dryers in both, off-street parking, and updates inside and out! This duplex offers convenience, income, and value in one package. 24 Notice needed for showing due to being occupied by tenants.

This tenant-occupied 3-bedroom, 1-bath home offers an excellent opportunity for investors looking to add an income-producing property to their portfolio or for first-time buyers looking to build equity. The home features a functional layout with spacious main-level living areas, three bedrooms, and a full bathroom. The daylight basement provides additional space and plenty of potential for storage, hobbies, a workshop, or future expansion. A corner lot, deck, and convenient alley access add to the property's appeal. For investors, the existing tenant occupancy offers the potential for a seamless transition into rental ownership. For owner-occupants, this is an opportunity to purchase an affordable Lincoln home and make it your own while benefiting from the property's established layout and additional basement space. Tenant occupied- Showings subject to tenant and seller requirements. AMA

Welcome to a beautifully renovated 2+1 bedroom home blending classic charm with modern updates throughout! New furnace, AC, windows, electrical, plumbing. From the refinished original wood floors to the updated kitchen and bathrooms, this home is move-in ready and full of character. The main floor features two bedrooms, a fully updated bathroom with a tiled shower, a spacious living room, and an updated kitchen with fresh finishes and great functionality. New paint and carpet throughout the home create a clean, modern feel while still preserving the warmth of the original hardwood floors. Downstairs, the basement offers a large second living area, a non-conforming bedroom, an additional full bathroom, and a dedicated storage/laundry room. Outside, the freshly painted exterior adds excellent curb appeal, while the large backyard provides plenty of room for outdoor activities, gardening, or relaxing evenings. A new garage door has also been installed. Check this out today!

Welcome to this beautifully renovated ranch on a spacious corner lot in North Lincoln! Major 2023 improvements include the roof, HVAC, windows, plumbing, electrical, vinyl siding, flooring, paint, and a modern kitchen with stainless steel This move-in ready home blends modern style, thoughtful updates, and plenty of space with 4 bedrooms plus a bonus room and a stylishly remodeled bath. The finished basement adds even more flexibility, including additional legal bedrooms with egress windows—perfect for guests, a home office, or extra living space. Outside, enjoy a fully fenced yard, patio, storage shed, and 2-car detached garage. Just minutes from the University of Nebraska-Lincoln campuses, this home offers convenience and value in a fantastic location. Don't miss your chance to make this updated North Lincoln gem your own! AMA.

Charming and full of potential near East Campus! This 3 bed, 2 bath home offers tall ceilings, an open living/dining area, and a rare double-sized lot with room to enjoy the outdoors. The detached 1.5 stall garage adds extra storage and functionality. Conveniently located near shopping, dining, and near proximity to both University of Nebraska Campuses as well as Wesleyan, this property is an excellent opportunity for homeowners or investors alike. Priced under assessed value, this is a fantastic chance to build equity in an accessible location!

BACK ON THE MARKET! This charming 1920s home blends timeless character with modern improvements, including a new roof and fresh interior paint throughout. The second floor offers three bedrooms and a spacious bathroom with double sinks and a built-in vanity. Enjoy the convenience of main-floor laundry and additional living space in the finished basement, with a tiled great room and full bathroom. A standout feature is the rare combination of a spacious detached two-stall garage with electricity, plus an additional one-stall garage with alley access—perfect for extra vehicles, storage, or a workshop. An additional space adjacent to the kitchen pass-through offers potential for a future main-floor half bath. With its blend of historic charm, thoughtful updates, and versatile spaces, this home is ready to welcome its next owner.

Welcome to a home full of character and charm! From the moment you arrive, you’ll notice the beautiful grapevines adding a unique touch to the exterior and creating a warm, inviting feel. This 3-bedroom, 1-bath home offers a functional layout with plenty of features that make it stand out. The bathroom includes a jetted tub and dual sinks, while the kitchen features a one-of-a-kind removable epoxy table that adds personality and a custom feel to the space. The newer refrigerator brings a modern touch with updated technology and style. Step outside to enjoy the spacious deck and covered gazebo area, perfect for relaxing, entertaining, or enjoying the backyard. The property also includes a detached garage/workspace and additional shed, providing great options for hobbies, projects, storage, or more. With thoughtful details throughout and a blend of creativity, comfort, and functionality, this home is ready for its next owner to make it their own!

Two structures on one parcel of land! 121 N 28th: Charming 2-story home near 27th & O Street offering 1,194 sq feet with 2 beds/1.5 baths. Featuring a large kitchen, separate dining area, spacious living area and an unfinished basement with laundry. Located near UNL campus and public transit. Currently rented with a long term tenant. 115 N 28th: Incredible investment opportunity for an existing Barber Shop or hair salon business! This property offers 5 chair areas, client seating area, admin desk, large kids corner hair cut station, office space and an abundance of storage.

This property has a 99 year ground lease in place which began July 1, 2021. The lease is an absolute NNN, with no landlord responsibilities or expenses. The monthly rent July 1, 2025 is $1585.14. The annual rental increases are 2%, or the consumer price index, whichever is greater. The property is improved with a $3,750,000 mixed use building that includes retail and housing. The price is based on a cap rate of 6, which is excellent for a ground lease with rate bumps. Typical rate bumps are at 5-10 year increments and are annual and compounding. Offers will require a three week response time to an RFR. The property itself is free and clear, and not subject to any debt on the improvements.

Come check out this cute investment gem situated perfectly between UNL campuses and close to downtown. Beautiful wood floors and unique built-ins make the space pop. This well taken care of duplex boasts two 1 bed/1 bath units. One side is currently rented for $735/mo and the tenant would like to stay. The other side is vacant and ready for a new tenant to double your income or move right in for the perfect house hack. The lot is zoned R5, which means you could add an additional unit in the basement for even more rental income! Come check this one out to start generating passive rental income today!