3423 S 40th Street

Lincoln NE, 68506
2 Bed
1 Bath
1 Garage
1,389 Sqft

About 3423 S 40th Street

MLS ID#22622657
Listing courtesy of: SimpliCity Real Estate


Here it is! The MOST AFFORDABLE single family home for sale in Lincoln. Situated just south of Sheridan Blvd this limestone ranch is ready for remodel. The main floor features 2 bedrooms, 1 bathroom and just shy of 1000 sq foot. Downstairs in your partially finished basement you have the opportunity to add a 3rd bedroom and 2nd bathroom. With an "After Repair Value" of around 275k, there is ALOT of meat on the bone with this one. Schedule your showing on this opportunity before you miss it! Property is being sold as is!

Facts & Features

Bedrooms
2 Bedrooms
Bathrooms
1 Bathroom
Garages
1
Sqft (Total)
1,389 Sqft
Sub Division
Calvert Place
Year Built
1948
Style
Ranch
School District
Lincoln Public Schools
Elementary
Rousseau
Middle School
Irving
High School
Lincoln Southeast

Interior

CoolingCentral Air
Fireplaces1
Other Featuresn/a
HeatingNatural Gas, Forced Air
Appliancesn/a

Exterior

Roofn/a
ExteriorNone
Other Featuresn/a
Garage Typen/a
Garage Spaces1

Mortgage Calculator

Est. Mo. Payment:   $1,234.00

Loan Payment
$0000.00
Mortgage Insurance
$0000.00
Taxes
$0000.00
%

This is not a commitment to lend. Not all borrowers will qualify. This is for illustrative purposes only and estimates are based on information you provided. Interest rates, mortgage insurance rates, and programs are subject to credit approval and available rates and terms will vary, sometimes drastically, based on borrower eligibility and program selected. For accurate interest rates and mortgage insurance rates please contact your mortgage consultant. For illustrative purposes FHA/VA and USDA loan amounts will include an estimate for the financed upfront MI amount.

The data relating to real estate for sale or rent on this web site comes in part from participation in IDX of one or more Multiple Listing Services. The listing broker is shown on each property’s page. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information copyright 2026.

Financing Contact
Copyright © 2026 Nebraska Realty. All rights reserved.       Terms of Service     Privacy Policy     Agent Login   Accessibility Statement