1950 Garfield Street, Lincoln, NE 68505 (MLS # 22604847)
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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.
| LAST UPDATED | 2/23/2026 | TRACT | Williams Subdivision |
|---|---|---|---|
| YEAR BUILT | 1955 | COMMUNITY | Lancaster |
| COUNTY | Lancaster | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Prescott |
|---|---|
| Jr. High School | Irving |
| High School | Lincoln High |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Lancaster |
| BASEMENT | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 4500 sq ft |
| LOT DIMENSIONS | 50' x 90' |
| PARKING | No Garage |
| SEWER | Public Sewer |
| SUBDIVISION | Williams Subdivision |
| TAXES | 2944 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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