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Listing provided courtesy of 1st Choice Realty Team- MLS# 22611490MLS Provider

3131 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
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.

3131 Dudley 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.

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
Calculations provided by Reliance Network

3131 Dudley Street History

Date Event Value Agent
6/9/2026Source: Great Plains MLS Price Reduction
$535,000 -1.8%
5/2/2026Source: Great Plains MLS Status Change
ACTIVE
4/28/2026Source: Great Plains MLS Added to Database
April 28, 2026