1950 Garfield Street, Lincoln, NE 68505
- $305,000
- 5
- BD
- 3
- BA
- 1,508
- SqFt
- Sold Price
- $305,000
- List Price
- $315,000
- Closing Date
- Apr 13, 2026
- MLS#
- 22604847
- Status
- SOLD
- Type
- Multifamily
- City
- Lincoln
- Area
- Lancaster
- County
- Lancaster
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 1,508
- Year Built
- 1955
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.
Additional Information
- Basement
- Yes
- Cooling
- Central Air, Window Unit(s)
- Elementary School
- Prescott
- Fence
- None
- Garage Type
- No Garage
- Heating Type
- Natural Gas, Forced Air
- High School
- Lincoln High
- Living Area
- 1,508
- Lot Description
- Up to 1/4 Acre.
- Middle School
- Irving
- School District
- Lincoln
- Subdivision
- Williams Subdivision
- Tax Amount
- $2,944
- Tax Year
- 2025
- Year Built
- 1955
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Listing courtesy of SimpliCity Real Estate. Selling Office: Nebraska Realty.
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