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2621 S 40th Street, Lincoln, NE 68506

Peterson's Sub · Lancaster County

Key Facts

3Beds
2Baths
2,403Sq Ft
1955Year Built
0.18Lot (acres)
1Garage

Description

Contract Pending Welcome HOME to this beautifully updated ranch offering over 2,400 finished sqft and plenty of space to spread out. The main level features a light-filled living room, informal dining area, open kitchen, three generously sized beds, and a full bath. The finished basement adds even more living space with a large rec room, three non-conforming beds, a ¾ bath, and laundry area. Step outside to enjoy the spacious, privacy-fenced backyard with patio—perfect for relaxing or entertaining. Lovingly maintained by the current owners for over 20 years, this home also features fresh interior paint, newly refinished wood floors, and new basement carpet. Be sure to put this one on your list—you won’t be disappointed!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Ranch / Traditional

Year Built

1955

Living Area

2,403 sq ft

Lot Size

0.18 acres

Lot Dimensions

61 x 132

Garage Spaces

1

Parking Spaces

1

Ownership

Fee Simple

MLS® Listing#

22606895

Property Features

Interior

Ceiling Fan(s)

Appliances

RangeDishwasherDisposal

Cooling

Central Air

Heating

Natural GasForced Air

Flooring

CarpetCeramic TileWoodVinyl

Basement

FullFinishedSump Pump

Parking

AttachedGarage Door Opener

Patio

Patio

Fencing

WoodFull

Lot Features

City LotLevelSloped

Construction

Brick

Foundation

Block

Roof

Composition

Utilities

Electricity AvailableNatural Gas AvailableWater AvailableSewer Available

Sewer

Public Sewer

Water Source

Public

Rooms

  • Bedroom 211x10
  • Bedroom 311x10
  • Bedroom 49Basement
  • Bedroom 59Basement
  • Kitchen11x11
  • Living Room17x12
  • Master Bedroom13x12
  • Office17x9Basement

Schools

Elementary:
Sheridan
Middle:
Irving
High:
Lincoln Southeast

Financial Details

HOA

None

Annual Taxes

$3,147

Tax year 2025

Parcel Number

1731422013000

Directions

40th and Van Dorn, north to property on west.

Affordability Calculator

$53,980

Estimated monthly payment

$1,437/mo

Principal $215,920 · Est. interest $301,228 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Lincoln, NE

$405,714
Median Listing Price
37
Median Days on Market
2,336
Median Sq Ft
$181
Median Price / Sq Ft
948
Active Listings
  • This home’s price is 33% below the area median.
  • Its price per sq ft is 38% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Lincoln, NE.

Location

Map showing the location of 2621 S 40th Street, Lincoln, NE 68506

Points of Interest in Lincoln, NE

Showing the Lincoln area map.

Nearby Schools

  • Lincoln Montessori School

    Elementary · 0.1 mi away

  • Prasch Gym

    School · 0.3 mi away

  • Lincoln Southeast High School

    Secondary · 0.3 mi away

  • Cathedral of the Risen Christ

    School · 0.6 mi away

  • Sheridan Elementary School

    Elementary · 0.7 mi away

  • Calvert Elementary School

    Elementary · 0.8 mi away

  • Rousseau Elementary School

    Elementary · 0.9 mi away

  • Helen Hyatt Elementary School

    Elementary · 1.0 mi away

  • George Stone School

    School · 1.0 mi away

  • College View Academy

    School · 1.0 mi away

  • Bluestem Montessori School

    Elementary · 1.0 mi away

  • Holmes Elementary School

    Elementary · 1.0 mi away

  • Randolph Elementary School

    Elementary · 1.1 mi away

  • Lefler Middle School

    Secondary · 1.3 mi away

  • Science Focus Program

    Secondary · 1.3 mi away

  • Irving Middle School

    Secondary · 1.4 mi away

  • Prescott Elementary School

    Elementary · 1.5 mi away

  • Pound Middle School

    Secondary · 1.6 mi away

  • Blessed Sacrament Catholic School

    School · 1.7 mi away

  • Bluestem Montessori Elementary School

    Elementary · 1.7 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Lincoln

Listing Courtesy: HOME Real Estate - 4024364663

Presented by: Matt Ankerson

Listings courtesy of the Great Plains Regional MLS. IDX information is provided exclusively for Consumers' personal, noncommercial use. This data may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by GreatPlains. MLS® Listing#22606895. © 2026EXIT Realty®. All rights reserved.