Search
12-Unit Apartment Building
New
For Sale
$1,200,000

1615 Garfield Street, Lincoln, NE 68502

MULTIFAMILY, Lincoln, NE

Property SizeContact for details
Lot Size0.31 Acres
Days on Market6

Property Features for 1615 Garfield Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking 12
Parking features Off Street
Patio and Porch features Deck
Exterior features Deck/Balcony
Appliances Range, Oven, Refrigerator, Cooktop
Subdivision Central Lincoln
Elementary school Prescott
Middle school Irving
High school Lincoln High
Elementary school district Lincoln
Middle school district Lincoln
High school district Lincoln
Directions GPS
Standard status Active
APN 10-36-113-008-000
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BURRS (C C) SUBDIVISION, BLOCK 1, Lot 7 - 8
Tax Annual Amount 11899
Legal Description BURRS (C C) SUBDIVISION, BLOCK 1, Lot 7 - 8

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

laundry facilities

Building Details

Year built 1980
Number of units 12
Roof type Composition, Asbestos Shingle
Listing Agency: Keller Williams Lincoln · Keller Williams Realty
Listed By: Gregory Bard
Added: Oct 29 Changed: Nov 3 Last Checked: Nov 3 at 6:06PM
MLS# 22631063

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1980 apartment property contains 12 units, each configured with two bedrooms and one bathroom. The approximately 0.31-acre corner parcel includes 12 off-street parking spaces, with public street parking also available. Exterior finishes combine brick and vinyl siding, and the building has a newer roof.

Laundry facilities are located on the second and third floors; the seller is not currently using them. The property is near bus stops, convenience stores, grocery stores, pharmacies, and a hospital. Heating is forced air, and the building has central air conditioning.

Key Highlights

  • 12 apartments, each with 2 bedrooms and 1 bathroom
  • Approximately .31 acres on a corner lot
  • 12 off‑street parking spaces, plus public street parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

1,147
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
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

Frequently Asked Questions

What type of property is this?
Apartment building - Upper-floor laundry areas and off-street parking complement the residential layout.
Where is this apartment building located?
The property is located at 1615 Garfield Street Lincoln, NE.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 12 apartments, each with 2 bedrooms and 1 bathroom; Approximately .31 acres on a corner lot; 12 off‑street parking spaces, plus public street parking
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved