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.
Sold for $305,000
$305,000
1950 Garfield St, Lincoln, NE 68502
5beds
1,508sqft
Multi Family
Built in 1955
-- sqft lot
$310,000 Zestimate®
$202/sqft
$1,449 Estimated rent
Home value
$310,000
$288,000 - $332,000
$1,449/mo
Zestimate® history
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Shared laundryHardwood floorsThoughtful updates throughout
Zillow last checked:
Listing updated:
Listed by:
Aaron Wagner 402-416-9917,
SimpliCity Real Estate
Bought with:
Jill Heng, 20210127
Nebraska Realty
Source: GPRMLS,MLS#: 22604847
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Cooling
- Central Air, Window Unit(s)
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 1,508
- Total interior livable area: 1,508 sqft
Property
Parking
- Total spaces: 3
- Covered spaces: 3
Features
- Fencing: None
Lot
- Size: 4,499 sqft
- Dimensions: 50' x 90'
- Features: Up to 1/4 Acre.
Details
- Parcel number: 1036134017000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Block
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lincoln
- Subdivision: Williams Subdivision
HOA & financial
Other financial information
- Total actual rent: 2560
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Sold | $305,000-3.2%$202/sqft |
Source:  GPRMLS #22604847 Report a problem | ||
| 3/4/2026 | Pending sale | $315,000$209/sqft |
Source: GPRMLS #22604847 Report a problem | ||
| 2/23/2026 | Listed for sale | $315,000+16.7%$209/sqft |
Source: GPRMLS #22604847 Report a problem | ||
| 5/26/2022 | Sold | $270,000-5.3%$179/sqft |
Source: GPRMLS #22204453 Report a problem | ||
| 4/7/2022 | Pending sale | $285,000$189/sqft |
Source: GPRMLS #22204453 Report a problem | ||
| 3/25/2022 | Price change | $285,000-4.7%$189/sqft |
Source: GPRMLS #22204453 Report a problem | ||
| 3/16/2022 | Price change | $299,000-8%$198/sqft |
Source: GPRMLS #22204453 Report a problem | ||
| 3/7/2022 | Listed for sale | $325,000$216/sqft |
Source: GPRMLS #22204453 Report a problem | ||
| 12/16/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/10/2021 | Listed for rent | $729 |
Source: Zillow Rental Manager Report a problem | ||
| 10/20/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/14/2021 | Price change | $729-2.7% |
Source: Zillow Rental Manager Report a problem | ||
| 9/9/2021 | Listed for rent | $749+2.7% |
Source: Zillow Rental Manager Report a problem | ||
| 4/7/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/1/2021 | Price change | $729-2.7% |
Source: Zillow Rental Manager Report a problem | ||
| 3/5/2021 | Listed for rent | $749+15.4% |
Source: Zillow Rental Manager Report a problem | ||
| 10/26/2020 | Listing removed | $649 |
Source: Zillow Rental Manager Report a problem | ||
| 10/14/2020 | Listed for rent | $649 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,944 -1.8% | $229,100 +5.6% |
| 2024 | $2,998 -17.5% | $216,900 |
| 2023 | $3,635 -2.9% | $216,900 +15.2% |
| 2022 | $3,743 -0.2% | $188,200 |
| 2021 | $3,751 +50.2% | $188,200 +44% |
| 2020 | $2,497 +4.8% | $130,700 +10.5% |
| 2019 | $2,384 +0.5% | $118,300 |
| 2018 | $2,373 +4.5% | $118,300 +9.8% |
| 2017 | $2,271 +8.3% | $107,700 |
| 2016 | $2,097 | $107,700 |
| 2015 | $2,097 +0.7% | $107,700 -8.2% |
| 2014 | $2,083 -8.7% | $117,300 |
| 2013 | $2,281 | $117,300 |
| 2012 | -- | $117,300 -3.9% |
| 2011 | -- | $122,100 |
| 2010 | -- | $122,100 |
| 2009 | -- | $122,100 +7.8% |
| 2008 | -- | $113,219 |
| 2007 | -- | $113,219 |
| 2006 | -- | $113,219 |
| 2005 | $2,143 +1.3% | -- |
| 2004 | $2,116 | -- |
| 2003 | $2,116 +22.1% | -- |
| 2002 | $1,734 +1% | -- |
| 2001 | $1,717 -2.4% | -- |
| 2000 | $1,759 | -- |
Find assessor info on the county website
Neighborhood: Near South
Nearby schools
GreatSchools rating
- 4/10Prescott Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Irving Middle SchoolGrades: 6-8Distance: 0.8 mi
- 2/10Lincoln High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Prescott
- Middle: Irving
- High: Lincoln High
- District: Lincoln
Source: GPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Nebraska
- Lancaster County
- Lincoln
- 68502
- Near South
- 1950 Garfield St
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