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1950 Garfield Street

Lincoln, NE 68505
  • $315,000
  • STATUS: Pending
  • MLS #: 22604847
Pending
UPDATED: 15 min ago
$315,000
  • 5
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,508
    SQFT
  • $209
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Looking for a rental property that’s ready to go? This well-maintained, purpose-built triplex in the heart of Lincoln is the opportunity you’ve been waiting for. With three move-in ready units and a strong rental history, this solid income-producing property is ideal for both seasoned investors and those looking to expand their portfolio. Units 1 and 2 each offer 2 bedrooms and 1 full bathroom, highlighted by hardwood floors and thoughtful updates throughout. Unit 3 features 1 bedroom and 1 bathroom. The current owner recently had all three units rented for a total of $2,560 per month, with clear potential to further improve rents and enhance cash flow. Additional highlights include off-street parking for each unit, shared laundry, durable construction as a purpose-built triplex, and a convenient central location close to everyday amenities. Whether you’re looking to house hack or secure a strong-performing rental property, this triplex checks all the boxes.

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Listing information © 2026 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Elkhorn Realty Group. Data last updated 2026-03-07T10:33:44.853.
www.elkhornrealtygroup.com/homes/173282638
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1950 Garfield Street Lincoln, NE 68505

  • Price: $315,000
  • Status: Pending
  • On Site: Days
  • Updated: 15 min ago
  • MLS #: 22604847
5
Beds
3
Baths
0
½ Baths
0.1
Acres
1,508
SQFT
$209
$/SQFT
1955
Built
Neighborhood:
Williams Subdivision
County:
Lancaster
Area:
Lancaster
Elementary School:
Prescott
Middle School:
Irving
High School:
Lincoln High
School District:
Lincoln
Property Description
Looking for a rental property that’s ready to go? This well-maintained, purpose-built triplex in the heart of Lincoln is the opportunity you’ve been waiting for. With three move-in ready units and a strong rental history, this solid income-producing property is ideal for both seasoned investors and those looking to expand their portfolio. Units 1 and 2 each offer 2 bedrooms and 1 full bathroom, highlighted by hardwood floors and thoughtful updates throughout. Unit 3 features 1 bedroom and 1 bathroom. The current owner recently had all three units rented for a total of $2,560 per month, with clear potential to further improve rents and enhance cash flow. Additional highlights include off-street parking for each unit, shared laundry, durable construction as a purpose-built triplex, and a convenient central location close to everyday amenities. Whether you’re looking to house hack or secure a strong-performing rental property, this triplex checks all the boxes.
Exterior Features

Attached Garage YN No Carport YN No Covered Spaces 0 Fencing None Foundation Details Block Garage YN No Lot Features Up to 1/4 Acre. Parking Features No Garage Parking Total 3

Interior Features

Basement YN Yes Bathrooms Full 3 Building Area Total 1508 Cooling Central AirWindow Unit(s) Cooling YN Yes Fireplace YN No Heating Natural GasForced Air Heating YN Yes

Property Features

Association YN No New Construction YN No Ownership Fee Simple Property Condition Not New and NOT a Model Property Sub Type Multi Family REO NO Sewer Public Sewer Tax Annual Amount 2944 Tax Year 2025 Total Actual Rent 2560 Water Source Public

Listing information © 2026 Great Plains Regional MLS.
Listing provided by Aaron Wagner of SimpliCity Real Estate: .


Listing information © 2026 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Elkhorn Realty Group. Data last updated 2026-03-07T10:33:44.853.
 
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Elkhorn Realty Group
18924 Evans St #102
Elkhorn NE, 68022