2038 S 20th Street, Lincoln, NE 68502

Local realty services provided by:Better Homes and Gardens Real Estate The Good Life Group
2038 S 20th Street,Lincoln, NE 68502
$365,000
  • 6 Beds
  • 4 Baths
  • 2,298 sq. ft.
  • Condominium
  • Active
Listed by: bryan bell
Office: nebraska realty
MLS#:22619728
Source:NE_OABR

Price summary

  • Price:$365,000
  • Price per sq. ft.:$158.83

About this home

Turnkey investment opportunity generating $3,020/month in gross rental income! Fully occupied with long-term tenants already in place, this duplex delivers immediate cash flow from day one. Each spacious unit features 3 bedrooms, 2 bathrooms, in-unit laundry, updated finishes, and finished basement space with egress for added flexibility. Located in Lincoln's desirable Near South neighborhood, just minutes from Downtown, the University of Nebraska-Lincoln, Bryan Health, shopping, dining, parks, and major employers. Whether you're expanding your portfolio or completing a 1031 exchange, this stabilized asset offers immediate income, strong rental demand, and excellent long-term appreciation potential. 24-hour notice required for all showings.

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Home facts

  • Year built:1935
  • Listing ID #:22619728
  • Added:1 day(s) ago
  • Updated:July 14, 2026 at 05:20 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:2
  • Flooring:Carpet, Ceramic Tile, Concrete, Wood
  • Basement Description:Daylight, Egress
  • Living area:2,298 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1935
  • Building area:2,298 sq. ft.
  • Lot Features:City Lot, Up to 1/4 Acre
  • Construction Materials:Stone
  • Exterior Features:Patio, Porch
  • Foundation Description:Block
  • Levels:2 Story

Schools

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

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$365,000
  • Price per sq. ft.:$158.83
  • Tax amount:$3,800 (2025)

Features and amenities

  • Laundry features:Dryer, Washer

Parking

  • Parking description:No Garage