Address
2038 S 20th Street, Lincoln, NE
Price
$ 365,000
Property Attributes
- ID#22619728
- TypeMulti-Family
- Listing Status PENDING
- CountyLancaster
- CityLincoln
- AreaLancaster
- NeighborhoodBeecher Heights
- Zip68502
- Style
- Year Built1935
- Taxes$ 3800
- Price$ 365,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2298
- Lot Size0.11 Acres
Data Source:
Great Plains Regional MLS
Property Description
Turnkey investment opportunity generating $3,020/month in gross rental income! Fully occupied with long-term tenants already in place, this duplex delivers immediate cash flow from day one. Each spacious unit features 3 bedrooms, 2 bathrooms, in-unit laundry, updated finishes, and finished basement space with egress for added flexibility. Located in Lincoln's desirable Near South neighborhood, just minutes from Downtown, the University of Nebraska-Lincoln, Bryan Health, shopping, dining, parks, and major employers. Whether you're expanding your portfolio or completing a 1031 exchange, this stabilized asset offers immediate income, strong rental demand, and excellent long-term appreciation potential. 24-hour notice required for all showings.
| Elementary School | Middle School | High School |
|---|---|---|
| Prescott Elementary School | Irving Middle School | Lincoln High High School |
| Price History | |
|---|---|
| 7/13/2026 | Listed $365,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Cooling | Central Air |
| Utilities | Cable Available |
| Roof | Composition |
| Appliances | Range |
| Patio/Porch Features | Porch |
| Construction Materials | Stone |
| Year Built | 1935 |
| Levels | Two |
| Property Subtype | Duplex |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| County | Lancaster |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Beecher Heights |
| Garage Y/N | false |
| Other Structures | Shed(s) |
| Full Baths | 2 |
| Status | PENDING |
| Directions | Please use GPS |
| ModificationTimestamp | 2026-09-01T15:44:06.200Z |
| High School | Lincoln High |
| City | Lincoln |
| Senior Community Y/N | false |
| High School District | Lincoln Public Schools |
| MLS Area | Lancaster |
| Lot Size Units | Square Feet |
| Carport Y/N | false |
| Elementary School | Prescott |
| Tax Annual Amount | 3800.86 |
| Middle/Junior High School | Irving |
| Property Condition | Not New and NOT a Model |
| Building Area Units | Square Feet |
| Primary Bedroom Level | 2nd Floor |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Occupancy Type | Tenant |
| Middle/Junior School District | Lincoln Public Schools |
| Elementary School District | Lincoln Public Schools |
| Legal Description | BEECHER HEIGHTS, Lot 13, N64.5' & LOT 14 N64.5' W1/2 |
Interior Features
| Basement | Daylight |
|---|---|
| Flooring | Carpet |
| Basement (Y/N) | true |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Above Grade Finished Area | 1848 |
| 3/4 Baths | 2 |
| Laundry Features | Ceramic Tile Floor |
| Total Bedrooms | 6 |
| Below Grade Finished Area | 450 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Kitchen Features | Ceramic Tile Floor |
| Total Baths | 4 |
| Living Room Features | Wood Floor |
| Bedroom 4 Features | Wood Floor |
| Bedroom 3 Features | Wall/Wall Carpeting |
| Bedroom 2 Features | Wood Floor |
| RoomBasementArea | 924 |
| Primary Bedroom Features | Wood Floor |
| Family Room Features | Wood Floor |
| Bedroom 5 Level | 2nd Floor |
| Bedroom 5 Features | Wood Floor |
| Bedroom 4 Level | 2nd Floor |
| Bedroom 3 Level | Basement |
| Second Bedroom Level | 2nd Floor |
Exterior Features
| Fencing | Chain Link |
|---|---|
| Parking Features | No Garage |
| Lot Features | Up to 1/4 Acre. |
| Water Source | Public |
| Foundation Details | Block |
| Building Area Total | 2298 |
| Lot Dimensions | 75 x 65 |
| Lot Size Acres | 0.11 |
| Lot Size Source | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 68502
Price
Taxes
Year Built
This data is from various Participants of the Great Plains REALTORS® Multiple Listing Service Inc Internet Data Exchange; is 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; the listing broker is listed on each listing; the information is deemed reliable but not guaranteed, and is copyrighted ©2026 Great Plains REALTORS® Multiple Listing Service, Inc. Information is
