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3-Unit Triplex with Fenced Yard
For Sale
$180,000

1502 Garfield St, Lincoln, NE 68502

The unit mix includes one two-bedroom residence and two one-bedroom residences.

Property SizeContact for details
Days on Market8

Property Features for 1502 Garfield St

General Information

Standard status Active
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence deferred maintenance

Site & Location

Neighborhood Near South

Units

Unit Mix 1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,209

Amenities

washer/dryer
privacy fenced back yard

Building Details

Buildings 1
Listing Agency: Woods Bros Realty
Listed By: Sandy Wacker
Source: Exprealty
Added: Oct 27 Changed: Nov 1 Last Checked: Nov 3 at 12:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Woods Bros Realty

Rey
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Investment Insights

Based on property information with market context.

This three-unit residential property in Lincoln has one two-bedroom, one-bathroom unit and two one-bedroom, one-bathroom units. The first-floor residence includes approximately 942 square feet of finished area, a washer and dryer, and direct access to a large, privacy-fenced backyard. Original woodwork remains in the home. One of the one-bedroom units occupies much of the second floor and includes a bedroom on the third floor; the other is on the north side of the second floor.

The property is in the Near South neighborhood. It has deferred maintenance and is being sold in as-is condition.

Key Highlights

  • Three units: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
  • First‑floor unit has approximately 942 sq ft of finished area
  • Washer and dryer in the first‑floor unit

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,125
Businesses Nearby

Demographics for 68502, NE

27,238
Population
11,936
Households
2.3
Avg Household Size
36
Median Age
39%
College-Educated
90%
High-School Grad
6.7 sq mi
ZIP Area
4,065
Density / Sq Mi
$65,825
Median Household Income
$39,168
Median Earnings
$812
Median Rent
$220,500
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The unit mix includes one two-bedroom residence and two one-bedroom residences.
Where is this triplex located?
The property is located at 1502 Garfield St Lincoln, NE.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Three units: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units; First‑floor unit has approximately 942 sq ft of finished area; Washer and dryer in the first‑floor unit
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