3131 Dudley Street, Lincoln, NE 68503

$535,000

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List Price
$535,000
MLS#
22620290
Status
ACTIVE
Type
Multifamily
City
Lincoln
Area
Lancaster
County
Lancaster
Year Built
2020

Property Description

Excellent investment opportunity with this well-maintained side-by-side duplex. Each spacious unit offers 4 bedrooms, 3 bathrooms, an open-concept floor plan, stainless steel appliances, durable LVT flooring throughout the main level, and an attached two-stall garage. High-efficiency furnaces provide energy savings, while additional driveway parking and alley access add convenience for tenants. The property is currently generating $4,225 per month in rental income with leases at $2,025 and $2,200 per month, offering immediate cash flow. There is strong upside potential, with market rents estimated at $2,500+ per unit, providing an excellent opportunity to significantly increase future income. Listed below the current assessed value of $548,800, this is a rare opportunity to own a newer, low-maintenance investment property with stable occupancy, strong income potential, and long-term appreciation.

Additional Information

Cooling
Central Air
Elementary School
Clinton
Fence
None
Garage Spaces
4
Garage Type
Attached
Heating Type
Natural Gas, Forced Air
High School
Lincoln Northeast
Lot Description
Up to 1/4 Acre.
Middle School
Culler
School District
Lincoln
Subdivision
Hills (W F) Subdivision, Lot 3
Tax Amount
$6,919
Tax Year
2025
Year Built
2020

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Calculator source: Real Geeks

Listing courtesy of 1st Choice Realty Team.

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