Fully occupied 5 plex by union college! This property features 5 newer garages to help add cashflow and increase length of tenant occupancy. HVAC and electrical have been updated as well. Garages alone are bringing in $535/month! Currently professionally managed, this is a turnkey rental property in a great neighborhood!
For sale
Price cut: $10K (7/17)
$395,000
3502 S 51st St, Lincoln, NE 68506
3beds
--sqft
Est.:
Multi Family
Built in 1918
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Newer garages
- 88 days
- on Zillow |
- 365 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 07:26am
Listed by:
Luke Flowerday 402-802-3199,
Nebraska Realty
Source: GPRMLS,MLS#: 22513134
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Oil, Forced Air
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Basement: Walk-Out Access
- Has fireplace: No
Property
Parking
- Total spaces: 10
- Parking features: Detached
- Garage spaces: 5
- Covered spaces: 10
Features
- Levels: Two
- Patio & porch: Porch, Patio
- Fencing: Chain Link
Lot
- Size: 0.26 Acres
- Dimensions: 75 x 150
- Features: Up to 1/4 Acre.
Details
- Parcel number: 1605220001000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Tax assessed value: $288,500
- Annual tax amount: $4,262
- Date on market: 5/16/2025
- Listing terms: Private Financing Available,Conventional,Cash
- Ownership: Fee Simple
- Total actual rent: 7930
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