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  1. Commercial Properties
  2. NE
  3. Lincoln

1940 COTNER BOULEVARD

For Sale

1940 S Cotner Blvd, Lincoln, NE 68506

Situated in southeast Lincoln, 1940 S. Cotner Blvd benefits from a central infill location within the South 48th Street area of the city. The property is positioned in the 68506 zip code near established residential neighborhoods, neighborhood retail, dining, and everyday services, offering residents a convenient balance of accessibility and neighborhood character. Its location supports consistent renter appeal through easy connectivity to major local corridors and proximity to the amenities that drive day-to-day convenience.1940 S Cotner Blvd. presents investors with the opportunity to acquire a well-located, neighborhood-scale apartment and townhome portfolio located in the established 48th Street corridor. With steady leasing velocity and high lease renewal rates, 1940 S Cotner has attractive, straightforward operations in a stable Southeast Lincoln location. The property provides investors with in-place cash flow while also offering a clear path to future upside through rental growth and operating efficiencies. With 17 units, the asset presents a manageable value-add opportunity for a hands-on owner seeking to enhance revenue and optimize expenses over time. In particular, self-management could provide a meaningful opportunity. This property appeals to tenants due to its ample green space, off-street parking, and functional housing in a quiet residential setting. 1940 S Cotner also attracts a broad tenant base due to its unit mix, creating durable tenant appeal and livability for small families, as well as individuals looking for a one-bedroom in a great location.

Key features

  • 94% occupancy
  • Eight 2 bedroom/1 bathroom units
  • Five 1 bedroom/1 bathroom units
  • Four 3 bedroom/1 bathroom units
  • Four-building, 17-unit Multifamily investment opportunity
  • Original hardwood floors, updated bathroom and kitchen appliances, onsite laundry, large off-street parking area
  • Positioned in the 48th Street corridor, near Bryan Medical Center East Campus
  • Potential for value-add through lease roll and optimization of operations

Building Details

  • For Sale $2,200,000
  • Property Type Multi-Family
  • Property Size 14,252 SF
  • Units 17
  • Lot Size 1.11 Acre
  • Additional Rent Price on request
  • Year Built 1950
  • Date Updated Apr 23, 2026
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Contacts

broker
Drew West

Lee & Associates - Nebraska

Location

  • City Lincoln, NE
  • Neighborhood South 48th Street
  • Zip Code 68506
  • Market Omaha
  • Map
  • Street
  • Walk score 55/100 Somewhat Walkable
  • Transit score 26/100 Some Transit
  • Bike score 83/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Train Depot

1.36 miles

Lincoln

3.44 miles

Phillips 66

0.34 miles

Piedmont Auto Care

0.54 miles

Sinclair

0.58 miles

Kwik Shop

0.58 miles

Shell

0.64 miles

Super C

1.26 miles

Tesla Supercharger

4.87 miles

ER Patient Parking

0.24 miles

Employee

0.33 miles

Zone A Parking Garage

0.34 miles

Sumner Street Parking Garage

0.34 miles

Plaza Patient Parking + Handicapped

0.35 miles

Employee Parking

0.39 miles

Zone B Parking Garage

0.40 miles

Employee & Visitor Parking

0.41 miles

Staff Only

0.47 miles

Power Wash

0.57 miles

U-Haul

1.05 miles

Enterprise

1.41 miles

Hertz

1.50 miles

Rocket Carwash

1.69 miles

Tommy's Express Car Wash

2.22 miles

Car Wash

2.32 miles

Southside Car Wash

2.37 miles

Tornado Car Wash

2.51 miles

Jet Splash Car Wash

2.90 miles

Arby's

0.40 miles

The Eatery

0.47 miles

Wendy's

0.48 miles

Freddy's

0.51 miles

Dairy Queen

0.54 miles

McDonald's

0.54 miles

El Toro

0.55 miles

Subway

0.55 miles

Piedmont Bistro

0.57 miles

De Leon's Taco Rico Mexican Food

0.57 miles

A Street Market

0.97 miles

Leon's Gourmet Grocer

1.01 miles

Natural Grocers

1.52 miles

Super Saver

1.53 miles

Hy-Vee

1.55 miles

Fresh N Save

1.64 miles

Target

1.64 miles

Whole Foods Market

1.65 miles

TJ Maxx

1.79 miles

Gateway Mall

1.86 miles

Ambassador Lincoln Center

0.30 miles

Capital Medical Clinic Family Medicine

0.32 miles

Bryan Health East Campus

0.40 miles

Medical Village

0.47 miles

Madonna Rehabilitation Hospital

0.48 miles

Fire Station 7

0.52 miles

CVS Pharmacy

0.55 miles

Heartland Urgent Care

0.57 miles

Lincoln Family Medicine Center

0.75 miles

Lincoln Magnetic Scanning Services

0.77 miles

Listing Summary

  • What is the asking price at 1940 COTNER BOULEVARD?

    1940 COTNER BOULEVARD is currently listed for sale at Price on request.

  • What is the total size of 1940 COTNER BOULEVARD?

    1940 COTNER BOULEVARD has a total of 14,252 square feet.

  • What is the year built for 1940 COTNER BOULEVARD?

    The year built for 1940 COTNER BOULEVARD is 1950.

Contact Drew West
broker
Drew West

Lee & Associates - Nebraska

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