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31513281
31513283

3210 S 48th St, Lincoln, NE 68506 For Sale

CL
NE NE 20181037
Concorde Management & Development
AF
NE 20190044
Concorde Management & Development
Listed by Concorde Management & Development
$575,000
111 days on market
Updated 12 days ago

Fully leased, Completely Renovated Tri-Plex FOR SALE

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Square Footage 1,805
Net Rentable (SqFt) 1,805
Units 3
NOI $37,744
Occupancy 100%
Tenancy Multi
Price per SqFt $319
Broker Co-Op No
Year Built 1912
Year Renovated 2025
Buildings 1
Stories 2
Lot Size (SqFt) 11,435
Zoning R-2
Parking Spaces 8 per key

Extensive renovation inside and out!

Marketing description

Fully leased, Completely renovated Tri-Plex in College View. This is a rare opportunity to own an EXTENSIVELY UPDATED property offering a perfect blend of modern style and long-term reliability. Major improvements include new electrical, plumbing, and sewer lines, along with rebuilt decks and exterior staircases and each unit is separately metered. Inside, you’ll find quartz countertops, beautifully restored hardwood floors, and new LVT flooring throughout, creating a clean and contemporary feel across all units. Energy-efficient heat pumps have also been added for year-round comfort. The property features two garage spaces along with newly poured parking pads to accommodate additional vehicles—an added convenience for tenants. Whether you’re looking to expand your investment portfolio or occupy one unit while generating income, this turn-key property offers outstanding flexibility and value in a desirable location.

Investment highlights

Please call or text Agent at 402-817-8722 for showing instructions.

Listing Contacts

CL
NE NE 20181037
Concorde Management & Development
AF
NE 20190044
Concorde Management & Development
Listed by Concorde Management & Development

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$37,743.92
$3,145.33/mo

Valuation Metrics

0
DSCR
6.56%
Cap Rate
6.56%
ROI

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Additional Information

Name
Carie Leyden
License
NE 20181037
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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