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Two-Story Triplex with Separate Meters
For Sale
$99,500

1115 Harlan Street, Falls City, NE 68355

Residential Income, Falls City, NE

Property Size2,037 SF
Lot Size0.14 Acres
Price / SF$48.85
Days on Market94

Property Features for 1115 Harlan Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
High school district FALLS CITY PUBLIC SCHOOLS
Directions Property is located on Harlan Street (Hwy 73). House faces west. Park in alley.
Standard status Active
APN 740060414
Size 2,037 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 888

Utilities

Water source Public

Building Details

Year built 1900
Floors in Building 2
Roof type Asphalt
Listing Agency: Lunzmann Realty, Inc.
Listed By: Jackie Lunzmann
Added: Jun 26 Changed: Sep 16 Last Checked: Sep 27 at 10:06PM
MLS# 11855678

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story triplex contains three one-bedroom, one-bath units within 2,037 square feet on a 0.1377-acre double lot. One residence is occupied, while the other two are vacant. The lower north unit has received flooring, cabinetry, laminate countertops, windows, and bathroom updates. The upper unit features refreshed stair carpeting, an updated bathroom, and included range and refrigerator. Heating and cooling vary by unit, including a gas furnace with central air in the lower south residence and gas heat with window air upstairs.

The property includes three off-street parking stalls accessed from the alley. Electrical service is separately metered for each unit, public water serves the building, and the roof is asphalt. Built in 1900, the property also includes an unfinished basement or crawl-space area. The lower south unit has tenant occupancy, with water and natural gas paid by the landlord; a 24-hour notice is required for showings.

Key Highlights

  • Three‑unit building with 2,037 square feet of property size
  • Each residence includes 1 bedroom and 1 bathroom
  • 0.1377‑acre double lot with 3 off‑street parking stalls

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Plumbing Service Dental Office Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

355
Businesses Nearby

Demographics for 68355, NE

4,930
Population
2,447
Households
2
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
154.5 sq mi
ZIP Area
32
Density / Sq Mi
$49,065
Median Household Income
$34,375
Median Earnings
$718
Median Rent
$97,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three one-bedroom residences with alley-served parking and separate electrical metering.
Where is this triplex located?
The property is located at 1115 Harlan Street Falls City, NE.
What is the asking price?
The asking price for this property is $99,500.
What are key features of this property?
This property features: Three‑unit building with 2,037 square feet of property size; Each residence includes 1 bedroom and 1 bathroom; 0.1377‑acre double lot with 3 off‑street parking stalls
More about this property
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