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Listing provided courtesy of BHHS Ambassador Real Estate- MLS# 22613850MLS Provider

5111 Walker AvenueLincoln, NE 68504

Multi-Family · 4 Beds · 2 Full Baths · 1,797 Sq. ft. | 0.16 Acres
$235,000 ACTIVE

5111 Walker Avenue Overview

Time on Site:
41 days
Visits:
23

Rare opportunity near Nebraska Wesleyan University! Located within walking distance to campus, 5111 Walker Ave offers incredible flexibility for investors, owner-occupants, or those looking to convert a property into a spacious single-family home. Currently configured as a duplex, this property could easily be transformed back into a single-family residence to fit your needs. Inside, you’ll find functional living spaces with plenty of potential to customize and add value. one bedroom on the main floor and 3 upstairs. Each floor with its own kitchen and full bathroom. Outside, convenient off-alley parking areas provide added accessibility and extra parking options. Situated in a prime Lincoln location close to shopping, dining, parks, and schools, this property presents endless possibilities for rental income, multi-generational living, or creating your dream home near campus.

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5111 Walker Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,797
  • Price/Sq.ft. $131
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Lincoln Public Schools
  • Elementary School: Huntington
  • Middle Or Junior School: Dawes
  • High School: Lincoln Northeast

Building Information

  • New Construction: No
  • Year Built: 1910

Location/Region

  • Country: US
  • County Or Parish: Lancaster
  • MLS Area Major: Lancaster
  • Subdivision Name: Uni Place / Wesleyan - CVDU

Tax Information

  • Tax Annual Amount: $1,903.00
  • Tax Year: 2026

General Information

  • Listing Terms: Conventional,Cash
  • Ownership: Fee Simple
  • Parcel Number: 1717231005000
  • Property Condition: Not New and NOT a Model
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 0
  • Garage: No

Beds/Baths

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

Building Interior

  • Above Grade Finished Area: 1797
  • 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: 1797
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: Exterior Accessible
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Block
  • Levels: Two
  • Living Area: 1797
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1

Exterior

Parking Information

  • Parking Features: No Garage
  • Parking Total: 0

Lot Information

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Acres: 0.16
  • Lot Size Dimensions: 50 x 142
  • Lot Size Source: GIS Calculated
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: No
  • Patio And Porch Features: Porch
  • Property Attached: Yes

General Information

  • Carport: No
  • Covered Spaces: 0
  • Fencing: Chain Link
  • Sewer: Public Sewer

5111 Walker Avenue Neighborhood

Community

68504 (Lincoln) Demographics

27
Median Age
2,464
Population Density (per sq. mile)
43%
College Educated
$42,588
Estimated Median Income
2,751
Estimated Total Home Owners
5,085
Estimated Total Renters
35% / 65%
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.

5111 Walker Avenue 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.

5111 Walker Avenue Market Data

Based on the last 30 days in this zip code

$270,165
Average List Price
$167
Average Price per Square Foot
20
Properties Sold
35
Average Days on Market
39
Properties for Sale
Calculations provided by Reliance Network

5111 Walker Avenue History

Date Event Value Agent
5/23/2026Source: Great Plains MLS Status Change
ACTIVE
5/19/2026Source: Great Plains MLS Added to Database
May 19, 2026
3/25/2024Source: Great Plains MLS Status Change
SOLD
2/14/2024Source: Great Plains MLS Status Change
PENDING
2/7/2024Source: Great Plains MLS Price Reduction
$182,500 -3.9%
1/22/2024Source: Great Plains MLS Price Reduction
$190,000 -2.6%