What is the asking price for 2801 Merrill St?

The lease rate for space here is Contact for pricing.

What is the total size of 2801 Merrill St?

The property has a total square footage of 70,752 SF.

How many parking spaces are available at 2801 Merrill St?

Parking information for the property isn't currently listed. However, other nearby parking options include Fleming Fields/Woodside Park, located 0.13 miles away , and Turbine Flats parking lot, which is 0.85 miles away.

2801 Merill St, Lincoln, NE 68503

For Sale $5,610,913
Property Type Multi-Family
Property Size 70,752 SF
Units 30
Lot Size 4.19 Acre
Date Updated May 7, 2026

Description

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.