2801 Merrill St

Located in northeast Lincoln near Cornhusker Highway, this property offers a convenient residential setting with strong access to major employment and education centers. The site is just minutes from the University of Nebraska–Lincoln, Nebraska Wesleyan University, and downtown Lincoln, providing a consistent tenant base driven by students, young professionals, and workforce housing demand. The surrounding area includes neighborhood retail, services, and established residential communities, supporting long-term occupancy stability.Multi-family investment opportunity at 2801 Merrill Street, featuring a 30-unit portfolio on approximately 4.19 acres. Offered at $4,900,000 with 100% occupancy and a 4.9% cap rate, the property includes a mix of 20 three-bedroom units (1,188 SF) and 10 four-bedroom units (1,408 SF). Built in 1990, each unit includes a private attached garage, full kitchen, in-unit washer/dryer, and outdoor patio or balcony. The site also includes excess land for future development, providing additional upside potential for investors.