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Local Realty Service Provided By: Coldwell Banker Preferred Group, P.C.

1950 Garfield Street, 
Lincoln, NE 68505

$305,000


5

Beds


3

Baths


1,508

Sq Ft


Multi-Family

Sold

Listed by

Aaron Wagner

Bought with Nebraska Realty

Simplicity Real Estate

402-261-3366

MLS#

22604847

Source:

NE OABR

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About This Home

1950 Garfield Street

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.

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1955

Price Summary

315,000

$208 per Sq. Ft.

MLS #:

22604847

Sold:

April 13, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,508 Sq. Ft.


Structure

Structure

Building Area:

1,508 Sq. Ft.

Year Built:

1955


Lot

Lot Size (Sq. Ft):

4,499


Finances & Disclosures

Finances

Price:

$315,000

Price per Sq. Ft:

$208 per Sq. Ft.

Source:NE OABR
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