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4834 Madison Ave, Lincoln, NE, 68504

6beds
4baths
2,732sqft
$310,000
$113price/sqft
$2,321/moest. monthly cost
$92,840/yrincome needed

About This Home

Spacious 2.5-story home full of character, offering 6 bedrooms and 6 bathrooms plus a detached 3-stall garage with shop space. Highlights include a beautiful fireplace, wrap-around porch, and classic architectural details throughout. Currently an income-producing investment property with tenants in place. Conveniently located near Wesleyan and the University of Nebraska, making it ideal for continued rental use or a future personal residence. A rare opportunity combining size, charm, and strong rental appeal.

Getting Around

80
WalkingVery Walkable
29
TransitSome Transit
60
BikeBikeable

Schools

3/10
3/10
Dawes Middle SchoolGrades 6-80.7 mi
1/10

Construction

Condition

  • Property condition: Not New and NOT a Model
  • Year built: 1910

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator,Washer,Dishwasher,Dryer,Disposal,Microwave

Basement

  • Area: 628

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Level: Second
  • Area: 140

Bedroom3

  • Level: Second
  • Area: 196

Bedroom4

  • Level: Second
  • Area: 121

Bedroom5

  • Level: Third
  • Area: 140

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 1
  • 3/4 bathrooms: 3
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 176

Family Room

  • Level: Main
  • Area: 196

Features

  • Ceiling Fan(s)
  • Flooring: Carpet,Wood,Other,Vinyl
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,732

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,732
  • Total interior livable area: 2,732 sqft

Living Room

  • Level: Main
  • Area: 196

Master Bathroom

  • Features: 3/4

Master Bedroom

  • Level: Second
  • Area: 154

Property

Details

  • Parcel number: 1717207010000

Features

  • Levels: 2.5 Story
  • Patio & porch: Porch,Patio,Deck
  • Fencing: Privacy

Lot

  • Lot size: 6,969 sqft
  • Features: Up to 1/4 Acre.,City Lot,Subdivided,Public Sidewalk,Curb Cut,Curb and Gutter,Level,Alley
  • Lot size dimensions: 50 x 142

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    TornadoVery High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Hail
Strong Wind
Winter Weather
Cold Wave
Ice Storm
Lightning

FEMA Declared Disasters Across Nebraska Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $1,567$18,804
Home Insurance $266$3,192
Property Taxes $320$3,840
Electricity $168$2,023
Total$2,321$27,852

Income You'd Need if You Spent...

35% on housing$79,577/yr
40% on housing$69,630/yr
45% on housing$61,893/yr

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.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$113This listing

vs Other Active Listings

Avg $/sqft

ZIP 68504$131
Lancaster County$171

vs Homes Sold Last Month

Median $/sqft

ZIP 68504$156
Lancaster County$168

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

DateEventPrice
2026-05-04Listed for sale$310,000
2024-04-11Listing removed--
2023-11-29Listed for rent$2,450
2021-03-03Listing removed--
2020-12-03Listed for rent$2,200
2018-12-17Sold$193,000
2018-07-27Listed for sale$194,900
2014-05-16Sold$184,500
2014-01-22Price change$189,900
2013-11-27Listed for sale$199,900
2003-01-06Sold$155,000

For Sale by Agent

AgentLois Kohmetscher
BrokerageWoods Bros Realty

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