2038 S 20th Street, Lincoln, NE 68502 (MLS # 22619728)
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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.
| LAST UPDATED | 7/13/2026 | TRACT | Beecher Heights |
|---|---|---|---|
| YEAR BUILT | 1935 | COMMUNITY | Lancaster |
| COUNTY | Lancaster | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Prescott |
|---|---|
| Jr. High School | Irving |
| High School | Lincoln High |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Microwave, Range, Refrigerator, Washer |
| AREA | Lancaster |
| BASEMENT | Daylight, Yes |
| CONSTRUCTION | Stone |
| HEAT | Electric, Forced Air, Natural Gas |
| LOT | 4792 sq ft |
| LOT DESCRIPTION | City Lot |
| LOT DIMENSIONS | 75 x 65 |
| PARKING | No Garage |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Beecher Heights |
| TAXES | 3800.86 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available |
| WATER | Public |
MORTGAGE CALCULATOR
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