1220 S 20th St Lincoln, NE 68502
Near South NeighborhoodEstimated payment $1,887/month
Highlights
- No HOA
- Forced Air Heating System
- 3-minute walk to Breta Park
- 1 Car Attached Garage
- Partially Fenced Property
About This Home
Money making tri-plex conversion is ready for it's new owners. This property has one nice 3BR apartment on the main floor and two 1BR apartments upstairs. Plenty of storage and off-street parking off the alley in the back. Tucked in nicely next to some of Lincoln's most beautiful streets in the up and coming Near South. This property has brought in approximately $2,560 per month. 2 units currently occupied and 3rd unit vacant so you can pick your tenant, property is currently under professional management. Make your appointment soon.
Last Listed By
Nebraska Realty Brokerage Phone: 402-802-3199 License #20150207 Listed on: 05/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,435
Year Built
- Built in 1902
Lot Details
- 6,760 Sq Ft Lot
- Lot Dimensions are 52 x 130
- Partially Fenced Property
Parking
- 1 Car Attached Garage
Home Design
- Brick Foundation
- Block Foundation
Basement
- Walk-Out Basement
Schools
- Prescott Elementary School
- Irving Middle School
- Lincoln High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- 3 Units
- Near South Cvdu Subdivision
Listing and Financial Details
- Assessor Parcel Number 1025426003000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,435 | $174,400 | $52,000 | $122,400 |
| 2023 | $2,764 | $164,900 | $52,000 | $112,900 |
| 2022 | $2,495 | $125,200 | $25,000 | $100,200 |
| 2021 | $2,621 | $139,000 | $25,000 | $114,000 |
| 2020 | $2,358 | $123,400 | $25,000 | $98,400 |
| 2019 | $1,915 | $100,200 | $25,000 | $75,200 |
| 2018 | $1,923 | $100,200 | $25,000 | $75,200 |
| 2017 | $1,780 | $91,900 | $25,000 | $66,900 |
| 2016 | $1,789 | $91,900 | $25,000 | $66,900 |
| 2015 | $1,777 | $91,900 | $25,000 | $66,900 |
| 2014 | $1,710 | $87,900 | $28,500 | $59,400 |
| 2013 | -- | $87,900 | $28,500 | $59,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $299,900 | +62.1% | -- |
| 03/01/2021 03/01/21 | Sold | $185,000 | -30.2% | $56 / Sq Ft |
| 01/14/2021 01/14/21 | Pending | -- | -- | -- |
| 01/11/2021 01/11/21 | For Sale | $265,000 | -- | $80 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | Charter Title | |
| Warranty Deed | $185,000 | Charter Title | |
| Warranty Deed | -- | Dc Title | |
| Warranty Deed | -- | None Available | |
| Limited Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | Nt | |
| Special Warranty Deed | -- | Continental Title Company | |
| Trustee Deed | $57,807 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $208,000 | New Conventional | |
| Previous Owner | $176,250 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $148,422 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $130,000 | Commercial | |
| Previous Owner | $102,000 | New Conventional | |
| Previous Owner | $70,320 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $59,500 | Commercial |
Source: Great Plains Regional MLS
MLS Number: 22514476
APN: 10-25-426-003-000
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