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Pending
  • $279,000

    1135 Sumner St, Lincoln, NE 68502

    5beds
    2,540sqft
    : 
    Triplex
    Built in 1905
    -- sqft lot
    $278,500 Zestimate®
    $110/sqft
    $-- HOA

    What's special

    This well maintained conversion triplex offers a fantastic investment opportunity with a monthly rental income of $2,475. Possibility of getting to $2600. The property features three distinct units, each with private entrances that maximize space and comfort. Each unit includes functional kitchen spaces, cozy living areas, and full bathrooms, making them highly attractive to tenants. Located in the near south neighborhood close to transit and schools, this triplex benefits from steady tenant demand. All units are occupied and have a year long leas. With minimal maintenance requirements and recent upgrades to key systems like new HVAC, Water heater, new roof with high impact shingles, foundation work with a 25 year transferable warranty, flooring, etc. This property is designed for effortless ownership and reliable cash flow. Whether you’re a seasoned investor or just starting, this triplex offers a strong return on investment with room to grow in the future.
    28 days
    on Zillow
    |
    66
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 29, 2025 at 08:54am

    Listed by:

    Matt Schulte 402-617-2828,

    Launch Realty, LLC

    Source: GPRMLS,MLS#: 22507768MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Main
    Basement
    • Area: 860
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range - Cooktop + Oven, Refrigerator, Washer, Dryer
    Features
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,540
    • Total interior livable area: 2,540 sqft
    • Finished area above ground: 2,000
    • Finished area below ground: 540

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Patio & porch: Porch
    • Fencing: Wood
    Lot
    • Size: 7,840.8 Square Feet
    • Dimensions: 50' x 150.
    • Features: Up to 1/4 Acre., City Lot, Public Sidewalk, Alley
    Details
    • Parcel number: 1035225003000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Stone
    Condition
    • Not New and NOT a Model
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: DAWSONS ADDITION SOUTH LINCOLN
    HOA
    • Has HOA: No
    Location
    • Region: Lincoln

    Financial & listing details

    • Price per square foot: $110/sqft
    • Tax assessed value: $239,600
    • Annual tax amount: $4,282
    • Date on market: 4/4/2025
    • Listing terms: FHA,Conventional,Cash
    • Ownership: Fee Simple
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