1950 Garfield Street, Lincoln, NE 68505

Local realty services provided by:Better Homes and Gardens Real Estate The Good Life Group
1950 Garfield Street,Lincoln, NE 68505
$315,000
  • 5 Beds
  • 3 Baths
  • 1,508 sq. ft.
  • Multi-family
  • Active
Listed by: aaron wagner
Office: simplicity real estate
MLS#:22604847
Source:NE_OABR

Price summary

  • Price:$315,000
  • Price per sq. ft.:$208.89

About this home

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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Home facts

  • Year built:1955
  • Listing ID #:22604847
  • Added:1 day(s) ago
  • Updated:February 24, 2026 at 12:46 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:1,508 sq. ft.

Heating and cooling

  • Cooling:Central Air, Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Year built:1955
  • Building area:1,508 sq. ft.
  • Lot area:0.1 Acres

Schools

  • High school:Lincoln High
  • Middle school:Irving
  • Elementary school:Prescott

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$315,000
  • Price per sq. ft.:$208.89
  • Tax amount:$2,944 (2025)

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