Map of Property

For Sale

2801 Merrill St

2801 Merill St, Lincoln, NE 68503

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.

Key features

  • (10) 4BR/2BA – 1,408 SF
  • (20) 3BR/2BA – 1,188 SF
  • 100% occupied
  • 30-unit multi-family investment
  • 4.19-acre site with excess land for development
  • Built in 1990
  • Cap Rate: 4.9%
  • In-unit washer/dryer, full kitchens, patios/balconies
  • Private attached garages for each unit
  • Sale Price: $4,900,000
  • Strong renter demographics with proximity to universities
  • Unit mix:
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Diana Schilf

NAI FMA Realty

Building Details

  • For Sale $4,900,000
  • Property Type Multi-Family
  • Property Size 70,752 SF
  • Units 30
  • Lot Size 4.19 Acre
  • Date Updated May 21, 2026

Attachments

Getting Around

  • Walk Score ®

    Car-Dependent (44)

  • Transit Score ®

    Some Transit (36)

  • Bike Score ®

    Very Bikeable (80)
Powered by Walk Score ®

Location

  • City Lincoln, NE
  • Neighborhood Clinton
  • Zip Code 68503
  • Market Omaha

Points of Interest

Train Depot

2.34 miles

Casey's General Store

0.59 miles

Kwik Shop - Gas Station

0.61 miles

Kwik Shop

0.71 miles

Shell

0.91 miles

Tesla Supercharger

1.84 miles

Turbine Flats parking lot

0.85 miles

Lot 59

1.11 miles

19th & Vine Street Parking Garage

1.14 miles

14th & Avery Garage

1.31 miles

Lot 5

1.39 miles

Assurity Parking

1.39 miles

17th and R Parking Garage

1.47 miles

Lot 11

1.50 miles

JetSplash

1.40 miles

U-Stop Car Wash

1.69 miles

Tornado Car Wash

2.00 miles

Hertz

2.32 miles

Power Wash

2.49 miles

Car Wash

2.51 miles

Rocket Carwash

2.70 miles

U-Haul

2.98 miles

Tommy's Express Car Wash

3.24 miles

Subway

0.53 miles

Amigos

0.55 miles

Kings Classic

0.55 miles

Tia Letty's

0.55 miles

D'leons

0.59 miles

Sinbad's

0.61 miles

Raising Cane's

0.61 miles

Goodcents

0.63 miles

Pizza Hut

0.65 miles

Super Saver

0.67 miles

Walmart Supercenter

1.66 miles

Open Harvest Co-Op Grocery

1.70 miles

Dai Phat Market

1.70 miles

Target

1.80 miles

TJ Maxx

1.85 miles

Hy-Vee

1.87 miles

Natural Grocers

1.97 miles

Fresh N Save

2.07 miles

Walgreens

0.88 miles

University of Nebraska-Lincoln Police Department

1.47 miles

Fire Station 1

1.49 miles

Fire Station Number Ten

1.50 miles

University Police Substation

1.58 miles

Walmart Pharmacy

1.64 miles

UNMC Pathology Services

1.80 miles

CVS Pharmacy

1.86 miles

Hy-Vee Pharmacy

1.89 miles

2801 Merill St Listing Summary

  • What is the asking price at 2801 Merrill St?

    2801 Merrill St is currently listed for sale at Contact for pricing.

  • What is the total size of 2801 Merrill St?

    2801 Merrill St has a total of 70,752 square feet.

Contact Listing Broker
Diana Schilf

NAI FMA Realty

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