5111 Walker Ave, Lincoln, NE, 68504
About This Home
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.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Not New and NOT a Model
- Year built: 1910
Materials
- Foundation: Block
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Basement
- Area: 860
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedroom4
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 1,797
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,797
- Total interior livable area: 1,797 sqft
Master Bedroom
- Level: Main
Property
Accessibility
- Accessibility features: Exterior Accessible
Details
- Parcel number: 1717231005000
- Attached to another structure: Yes
Features
- Levels: Two
- Patio & porch: Porch
- Fencing: Chain Link
Lot
- Lot size: 6,969 sqft
- Features: Up to 1/4 Acre.
- Lot size dimensions: 50 x 142
Parking
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Hail
- Strong Wind
- Winter Weather
- Cold Wave
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Nebraska Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,188 | $14,256 |
| Home Insurance | $202 | $2,424 |
| Property Taxes | $243 | $2,916 |
| Electricity | $124 | $1,493 |
| Total | $1,757 | $21,084 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-20 | Listed for sale | $235,000 |
| 2024-03-25 | Sold | $173,000 |
| 2024-02-14 | Pending sale | $182,500 |
| 2024-02-07 | Price change | $182,500 |
| 2024-01-22 | Price change | $190,000 |
| 2024-01-03 | Price change | $195,000 |
| 2023-12-05 | Listed for sale | $200,000 |
| 2023-09-14 | Sold | $100,000 |
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