1014 N 48th Avenue, Omaha, NE 68132
- $870,000
- 12
- BD
- 12
- BA
- 3,969
- SqFt
- List Price
- $870,000
- MLS#
- 22615434
- Status
- ACTIVE
- Type
- Multifamily
- City
- Omaha
- Area
- Douglas
- County
- Douglas
- Bedrooms
- 12
- Bathrooms
- 12
- Living Area
- 3,969
- Year Built
- 1965
Property Description
CONTRACT PENDING. 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.
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Additional Information
- Basement
- Yes
- Cooling
- Window Unit(s)
- Elementary School
- Harrison
- Exterior
- Masonite, Brick/Other
- Fence
- None
- Garage Type
- No Garage
- Heating Type
- Natural Gas, Forced Air
- High School
- Central
- Living Area
- 3,969
- Lot Description
- Over 1/4 up to 1/2 Acre, Corner Lot
- Middle School
- Lewis and Clark
- Roof Type
- Composition
- Rooms
- 21
- School District
- Omaha
- Subdivision
- CARTHAGE ADD
- Tax Amount
- $8,728
- Tax Year
- 2025
- Year Built
- 1965
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Listing courtesy of Nebraska Realty.
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