Multi-Family $ 870,000

1014 N 48th AVE

Omaha, NE 68132

  • 7 Beds
  • 7 Baths
    Full Baths: 7
  • 3,969 SqFt
  • 0.3 Lot Size
  • 1965 Year Built
Fully occupied 12-unit building in a high-demand corridor near Dundee, Blackstone, and UNMC. All units are 1-bed/1-bath with rents currently below market, offering immediate upside and stronger cap-rate potential. Major capital improvements already completed, including over $155,000 in new stairs and balconies (2023) and more than $60,000 in concrete work from 2017–2024. Private parking lot for all tenants. Basement includes existing hookups for a paid laundry setup, creating an additional revenue opportunity. Well-maintained, owner-operated asset since 2001 with stable performance and clear value-add pathways. AMA Buyer to Verify Schools.
Listed by Nebraska Realty

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 969 sqft

    Price per Sqft $219

    Subdivision Carthage Add

    MLS Listing ID 22615434

    Style Three Or More

    Bedrooms 7

    Full Baths 7

    HOA Y/N No

    Year Built 1965

    Annual Tax Amount $8,728

    Lot Size 0.299 Acres

    Acres 0.2992

    Lot Dimensions 98 x 133

    Property Sub-Type Multi Family

    Land Area 3969

  • Location

    State NE

    County Douglas

    Area Douglas

    Direction Follow GPS

  • Building

    Foundation Block

    Lot Size Range 0.2992

    Sewer Public Sewer

    Water Public

    Architectural Style Three Or More

    Level or Stories Three Or More

  • Interior

    Heating Natural Gas, Forced Air

    Cooling Window Unit(s)

    Fireplaces Number No

    Fireplace No

    Appliance Range, Refrigerator

  • Exterior

    Parking Features No Garage

    Fence None

    Roof Type Composition

    Porch Covered Deck, Deck

    Garage No

  • Schools

    Elementary Schools Harrison

    Middle Schools Lewis And Clark

    High Schools Central

    School District Omaha

  • Others

    Ownership Fee Simple

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