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.
Pending
$279,000
1135 Sumner St, Lincoln, NE 68502
5beds
2,540sqft
Est.:
Triplex
Built in 1905
-- sqft lot
$278,500 Zestimate®
$110/sqft
$-- HOA
What's special
- 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#: 22507768

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
- Loading