$3,313

closing credit¹

1135 Sumner St Lincoln, NE 68502

$279,000
5 beds
3 full
2,540 sqft
0.2 acres
$110 / sqft
Multi-Family

Property details

About 1135 Sumner St

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.

Highlights

Home typeTriplex
HeatingForced Air, Natural Gas
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,540 sqft
BasementYes
Lot size0.18 Acres
Year built1905
MLS #22428878

Summary

  • MLS Number: 22428878
  • Office Name: Launch Realty, LLC
  • Office Phone: (402) 488-8844
  • Listing Agent: Matthew W. Schulte

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with central AC unit and a front yard

$279,000

1135 Sumner St

$3,313

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 01, 2012
Home Sold
$74,000
Mar 07, 2003
Home Sold
$98,000

Tax history

YearAssessmentProperty Tax
2024$239,600$4,282
2023$225,900$4,492
2022$161,300$3,214
2021$161,300$3,246
2020$120,400$1,849
2019$96,800$1,858
2018$96,800$1,702
2017$87,900$1,711

History based on county public records data.

Nearby schools

4

Saratoga Elementary School

Public District PK-5

0.3 mi

2215 S 13th St

5

Everett Elementary School

Public District PK-5

0.4 mi

1123 C St

5

Prescott Elementary School

Public District KG-5

0.7 mi

1930 S 20th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,948. The most common annual income of people living in Lincoln, NE is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

47%
<35k
45%
35k-100k
7%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

59%
Single, No Kids
17%
Single, with Kids
13%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
34%
18-34 yrs old
37%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NBA/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • StarbucksStarbucks
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • BuickBuick
  • PontiacPontiac
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

This home is located at 1135 Sumner St in Lincoln, NE and zip code 68502 in the Everett neighborhood. This 2,540 square foot home, which was built in 1905, sits on a 0.18 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $279,000.

Over 42 listings were sold over their listed price in January 2025 in Lincoln, NE. In the same period over 95 listings were sold below the listed price and 54 listings were sold for the listed price. Between December and January 2025, Lincoln, NE real estate market has seen increase in the number of listings by 1.7%. In January 2025, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $275,000.

From Rocket Homes Real Estate and based on county public records data.

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