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.
Sold for $255,000 on 05/07/25
$255,000
1135 Sumner St, Lincoln, NE 68502
5beds
2,540sqft
Triplex
Built in 1905
-- sqft lot
$255,300 Zestimate®
$100/sqft
$1,322 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 16, 2025 at 11:35am
Listed by:
Matt Schulte 402-617-2828,
Launch Realty, LLC
Bought with:
Tom Mullen, 20020028
Excel Realty Group LLC
Source: GPRMLS,MLS#: 22507768

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 1
- Level: Second
Bedroom 2
- Level: Basement
Bedroom 3
- Level: Second
Bedroom 4
- 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 sqft
- 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 & neighborhood
Location
- Region: Lincoln
- Subdivision: DAWSONS ADDITION SOUTH LINCOLN
Other
Other facts
- Listing terms: FHA,Conventional,Cash
- Ownership: Fee Simple
Services availability

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