Google street view image for 725 R St #1, Lincoln, NE 68508

OFF MARKET

$1,098,411

•

2.5 ba

•

2,493

sq ft

725 R St #1, Lincoln, NE 68508

About this home

725 R St #1 is a 2,493 square foot condo with 2 bedrooms and 2.5 bathrooms. Based on Redfin's Lincoln data, we estimate the home's value is $1,098,411.

CondoProperty Type

2009Year Built

$441Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$1,098,411

$29K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.4% lower than the average sale price ($1.24M) of 1 comparable home.

SOLD AUG 29, 2025
$1,240,000
A
2 beds2.5 baths2,493 sq ft
725 R St #5, Lincoln, NE 68508

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Earn from this home

Rent

$3,212/mo

Redfin rental estimate

List your home for rent

Market trends in 68508, NE

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.9%

+1.4% MoM

Median sale price

$432K

$17K MoM

Avg. days on market

50d

35 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 18 HRS AGO
$220,000
1 bed1 bath800 sq ft
1130 H St #207, Lincoln, NE 68508
$173,000
1 bed1 bath535 sq ft
139 N 11th St #703, Lincoln, NE 68508
$624,900
2 beds2 baths1,137 sq ft
600 Q St #511, Lincoln, NE 68508
$244,900
1 bed1 bath762 sq ft
128 N 13th St #203, Lincoln, NE 68508
$74,900
1 bed1 bath638 sq ft
429 E St, Lincoln, NE 68508
FOR SALE BY OWNER
$289,000
1 bed1 bath737 sq ft
100 N 12th St, Lincoln, NE 68508
$149,000
2 beds1 bath744 sq ft
429 G St, Lincoln, NE 68508
$1,155,000
— beds— baths— sq ft
1403 E St, Lincoln, NE 68508
$700,000
2 beds2 baths2,041 sq ft
110 S 14 St Unit F, Lincoln, NE 68508
See all

Provided by Redfin

Sale history for 725 R St #1

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$12,195 (−0.2%)

$210,000 + $739,100

$949,100

2024

$12,217 (−17.5%)

$210,000 + $739,100

$949,100

2023

$14,816 (−8.8%)

$210,000 + $674,000

$884,000

2022

$16,245 (−0.2%)

$210,000 + $674,000

$884,000

2021

$16,275 (+4.9%)

$210,000 + $653,200

$863,200

2020

$15,516

$210,000 + $653,200

$863,200

2019

$15,517 (+55.5%)

$210,000 + $602,000

$812,000

2018

$9,981 (−0.9%)

$210,000 + $602,000

$812,000

2017

$10,073 (+94.4%)

$90,000 + $430,000

$520,000

2016

$5,181 (+0.7%)

$90,000 + $430,000

$520,000

2015

$5,145 (−8.5%)

$50,000 + $216,100

$266,100

2014

$5,626

$50,000 + $239,300

$289,300

Tax history for 725 R St #1

Year

Property tax

Land + Additions

Assessment*

2025

$12,195 (−0.2%)

$210,000 + $739,100

$949,100

2024

$12,217 (−17.5%)

$210,000 + $739,100

$949,100

2023

$14,816 (−8.8%)

$210,000 + $674,000

$884,000

2022

$16,245 (−0.2%)

$210,000 + $674,000

$884,000

2021

$16,275 (+4.9%)

$210,000 + $653,200

$863,200

2020

$15,516

$210,000 + $653,200

$863,200

2019

$15,517 (+55.5%)

$210,000 + $602,000

$812,000

2018

$9,981 (−0.9%)

$210,000 + $602,000

$812,000

2017

$10,073 (+94.4%)

$90,000 + $430,000

$520,000

2016

$5,181 (+0.7%)

$90,000 + $430,000

$520,000

2015

$5,145 (−8.5%)

$50,000 + $216,100

$266,100

2014

$5,626

$50,000 + $239,300

$289,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

B-4

Lincoln Center Business District

This is a district for a redeveloping area applicable to the business and retail uses located in the area of the Lincoln Center Business District. It is designed so that Lincoln center remains as the dominant multi-use center and key focal point of business, social, and cultural activity in the Lincoln urban area. This district should include a large variety of activities, including retail and office functions, housing, commercial services, institutions, and transportation. It is intended that relationships between permitted functions will be carefully developed, and the need for access, circulation, and amenities will be given special attention.

Permitted uses

Include but are not limited to:

Religious facility
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Hotel / motel
Office

Property details

Interior

Basement Information
Basement Sq. Ft: 459

Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
# of Bathroom Fixtures: 8

Heating & Cooling
Heating Type: Warm Air

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Physical Condition: Very Good
Foundation Type: Concrete
Building Style Type: High Rise
Building Construction Quality: Good
Exterior Wall: Masonry Veneer
Roof Shape Type: Metal

Property Information
Subdivision Name: OPTION ROWHOUSE CONDO
Living Sq. Ft: 2,493
Ground Floor Sq. Ft: 2,493
Building Sq. Ft: 2,952
# of Stories: 2
Legal Description: OPTION ROWHOUSE, THE, BUILDING A, LOFT UNIT 1 (8.94% INTEREST)

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Built-In Garage
Garage/Parking Sq. Ft: 425
Garage / Carport Type: Built In

Lot Information
# of Buildings: 1
Land Sq. Ft: 871
Municipality Name: LINCOLN
Acres: 0.02
Zoning Code: B4
County Use Description: RES IMPROVED, HIGH RISE CONDO

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 2.5
Sq. Ft.: 2,493
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 2009
Year Renovated: —
County: Lancaster County
APN: 10-23-413-016-001

Home facts updated by county records on Jul 13, 2026

Around this home

Schools

Mc Phee Elementary School

Public PreK-5 • Assigned • 1.0mi

1/10

Park Middle School

Public 6-8 • Assigned • 0.8mi

3/10

Lincoln High School

Public 9-12 • Assigned • 1.3mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 105° expected this year, 16 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Lincoln, NE • 68508

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.4 hours in June and 4.7 hours in December, which is comparable to the U.S. average for solar exposure.

10.4 hrs

4.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.04M – $1.26M

Sell confidently with a local market expert in Lincoln. 3 minutes to get started.

Nearby similar homes

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1130 H St #201, Lincoln, NE 68508

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3001 S 51st Street Court #537, Lincoln, NE 68506

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2 beds2 baths1,137 sq ft

600 Q St #511, Lincoln, NE 68508

$444,900

4 beds3 baths2,284 sq ft

3723 Broadbear Rd, Lincoln, NE 68516

$375,000

2 beds2 baths734 sq ft

128 N 13th St #806, Lincoln, NE 68508

New listings for sale in 68508

NEW 18 HRS AGO

$220,000

1 bed1 bath800 sq ft

1130 H St #207, Lincoln, NE 68508

$173,000

1 bed1 bath535 sq ft

139 N 11th St #703, Lincoln, NE 68508

$624,900

2 beds2 baths1,137 sq ft

600 Q St #511, Lincoln, NE 68508

$244,900

1 bed1 bath762 sq ft

128 N 13th St #203, Lincoln, NE 68508

$74,900

1 bed1 bath638 sq ft

429 E St, Lincoln, NE 68508

FOR SALE BY OWNER

$289,000

1 bed1 bath737 sq ft

100 N 12th St, Lincoln, NE 68508

$149,000

2 beds1 bath744 sq ft

429 G St, Lincoln, NE 68508

$1,155,000

— beds— baths— sq ft

1403 E St, Lincoln, NE 68508

$700,000

2 beds2 baths2,041 sq ft

110 S 14 St Unit F, Lincoln, NE 68508

Home values near 725 R St #1

Data from public records.

Address	Redfin Estimate
725 R St Apartment 4, Lincoln, NE 2 Beds \| 2.5 Baths \| 2493 Sq. Ft.	$1,316,568
725 R St Apartment 2, Lincoln, NE 2 Beds \| 2.5 Baths \| 2493 Sq. Ft.	$1,114,042

Address	Redfin Estimate
725 R St Apartment 5, Lincoln, NE 2 Beds \| 2.5 Baths \| 2493 Sq. Ft.	$1,396,599
350 North 7th St Apartment 10, Lincoln, NE 2 Beds \| 3.5 Baths \| 2229 Sq. Ft.	$1,010,658

Address	Redfin Estimate
725 R St Apartment 3, Lincoln, NE 2 Beds \| 2.5 Baths \| 2493 Sq. Ft.	$1,084,127
350 North 7th St Apartment 7, Lincoln, NE 1 Beds \| 2.5 Baths \| 1512 Sq. Ft.	$726,707

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 68508, NE

Sale history for 725 R St #1

Tax history for 725 R St #1

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 68508

Home values near 725 R St #1

More real estate resources