102 N 38th AVE, Omaha, NE 68131
102 N 38th AVE, Omaha, NE 68131
102 N 38th AVE, Omaha, NE 68131
102 N 38th AVE, Omaha, NE 68131
102 N 38th AVE, Omaha, NE 68131
102 N 38th AVE, Omaha, NE 68131
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Eric Inselman

Eric Inselman

+1(402) 210-4344
Listed by Josh Kolbo Realty ONE Group Sterling
$ 299,000
Est. payment | /mo

5 Beds

5 Baths

3,453 SqFt

Save
$ 299,000
Est. payment | /mo
Save

5 Beds

5 Baths

3,453 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,453 sqft

Price per Sqft $86

Subdivision Crescent Park

MLS Listing ID 22632162

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,421

Lot Size 5,157 Sqft

Acres 0.1184

Lot Dimensions 62.5 x 82.5

Property Sub-Type Multi Family

Land Area 3453

Property Description

5 Plex priced at less than $60k a door in Omaha's Joslyn Castle / Midtown area. Under rented units leave big opportunity to increase the income from day 1 for 1 unit, other 4 units can be raised or re-leased in 2027. Built in 1900 and zoned CC. All units are 1 bed / 1 bath. Four units are currently leased with leases into 2027; one unit vacant currently on hold to allow for showings. Current in-place base rent is $2,690 per month; market rent for all five units is on average about ~$800 or ~$4,000 total. On-site laundry. Located near Blackstone, Dundee, and downtown. Units have been updated, there exterior could use some repairs. This would make a great investment, 1031 exchange, or tax write off before year end. Do not disturb tenants — showings by appointment. All facts and measurements approximate, please independently verify.

Location

State NE

County Douglas

Area Douglas

Direction From Dodge St, turn north onto N 38th Ave (between 36th and 40th). The property is the first building on the left (west side), just north of Dodge.

Interior

Heating Natural Gas, Forced Air

Fireplaces Number No

Fireplace No

Exterior

Fence None

Garage No

Building

Foundation Other

Lot Size Range 0.1184

Water Private, Public

Schools

Elementary Schools Gifford Park

Middle Schools Lewis And Clark

High Schools Central

School District Omaha

Others

Ownership Fee Simple

NEARBY SCHOOLS & PROPERTIES

Eric Inselman

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(402) 210-4344

eric.inselman@bt-realtygroup.com

1501 John F Kennedy Dr, Bellevue, NE 68005-3641, USA

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102 N 38th AVE