Side-by-Side Duplex with Covered
For Sale
$259,900
3069 T Street, Lincoln, NE 68503
RESIDENTIAL, 1.0 Story/Ranch, Lincoln, NE
Property Size1,321 SF
Lot Size0.16 Acres
Price / SF$196.74
Days on Market51
Property Features for 3069 T Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Basement, Bedroom 4, Bedroom 2
Parking features
Garage - Detached
Patio and Porch features
Patio
Interior features
Ceiling Fan
Exterior features
Covered Patio
Fencing
Chain Link
Appliances
Dishwasher, Microwave, Range, Refrigerator
Subdivision
East Campus
Lot features
Level
Elementary school
Hartley
Middle school
Culler
High school
Lincoln Northeast
Elementary school district
Lincoln Public Schools
Middle school district
Lincoln Public Schools
High school district
Lincoln Public Schools
Directions
5 blocks North of O Street on 27th.East to property.
Standard status
Active
APN
17-19-311-006-000
Size
1,321 SF
Lot size
0.16 Acres
Additional Details
Individually Metered Utilities
gas, electricity
Taxes and HOA fees
Tax Year
2025
Tax Description
PECKS GROVE, BLOCK 17, Lot 5
Tax Annual Amount
2301
Legal Description
PECKS GROVE, BLOCK 17, Lot 5
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
big yard
covered back porches
detached two-car garage
washer/dryer hookups
Building Details
Year built
1981
Floors in Building
1
Flooring type
Concrete, Vinyl
Roof type
Composition
Architectural style
Ranch
Buildings
1
Listing Agency:
EXIT Realty Professionals
(402) 466-8181
Listed By:
Giselle Gamba
(402) 309-0022
Added: Sep 11
Changed: Oct 28
Last Checked: Oct 31 at 8:06AM
MLS# 22626414
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.
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Investment Insights
Based on property information with market context.
Built in 1981, this side-by-side duplex contains 1,321 square feet on a 0.16-acre lot. Each residence has two bedrooms, one bathroom, washer and dryer hookups, and separate gas and electric utilities. One unit includes a basement; the other has a crawl space. Both interiors feature updated kitchens and bathrooms, new flooring, recessed lighting, and stainless steel appliances.
Recent improvements include windows, siding, roofing, gutters, plumbing, electrical wiring and panels, two water heaters, furnaces, and central air conditioning units. Outdoor features include two covered rear porches, a detached two-car garage, a large yard, and additional parking accessible from the alley.
Recent improvements include windows, siding, roofing, gutters, plumbing, electrical wiring and panels, two water heaters, furnaces, and central air conditioning units. Outdoor features include two covered rear porches, a detached two-car garage, a large yard, and additional parking accessible from the alley.
Key Highlights
- Two side‑by‑side units, each with 2 bedrooms and 1 bathroom
- 1,321 square feet on a 0.16‑acre lot
- Separate gas and electric utilities for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,108
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,160
$262.2K
Cap Rate 7%
$187,257
$187.3K
Cap Rate 9%
$145,644
$145.6K
Market Conditions
NOI Build-Up for 1,321 SF
Gross rent
$19.8K $15.00/SF
− Vacancy
−$1.1K −$0.83/SF
EGI
$18.7K $14.17/SF
− OpEx
−$5.6K −$4.25/SF
NOI
$13.1K $9.92/SF
Area
Lincoln, NE
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,160
Cap Rate 7%
$187,257
Cap Rate 9%
$145,644
Alternative Uses
Best Use
Multifamily LT 5
$187.3K
$163.9K – $218.5K
NOI $13,108 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$173.9K
$152.2K – $202.9K
NOI $12,176 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$323.9K
$283.4K – $377.8K
NOI $22,670 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
931
Businesses Nearby
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Business Placement
Demographics for 68503, NE
15,064
Population
6,851
Households
2.2
Avg Household Size
28
Median Age
38%
College-Educated
82%
High-School Grad
2.9 sq mi
ZIP Area
5,194
Density / Sq Mi
$50,886
Median Household Income
$27,909
Median Earnings
$974
Median Rent
$158,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences have separate gas and electric service, with a detached garage and additional alley parking.
Where is this duplex located?
The property is located at 3069 T Street Lincoln, NE.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two side‑by‑side units, each with 2 bedrooms and 1 bathroom; 1,321 square feet on a 0.16‑acre lot; Separate gas and electric utilities for each unit
