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5-Unit Apartment Property
For Sale
$390,000

1416 O Street, Omaha, NE 68107

MULTIFAMILY, Omaha, NE

Property SizeContact for details
Days on Market116

Property Features for 1416 O Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 5, Bathroom 5, Bedroom 4, Basement, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Parking 3
Parking features Off Street
Patio and Porch features Patio, Porch, Deck
Exterior features Porch, Patio, Covered Deck, Storage Shed
Appliances Dryer, Microwave, Range, Refrigerator, Washer
Subdivision Linwood Park
Elementary school Gomez-Hertitage
Middle school Marrs
High school South
Elementary school district Omaha
Middle school district Omaha
High school district Omaha
Directions From I-80, take the 13th St exit. S on 13th, W on O St to property.
Standard status Active
APN 1628700000

Taxes and HOA fees

Tax Year 2025
Tax Description LINWOOD PARK LOT 14 BLOCK 1 LTS 13 & 100 X 130
Tax Annual Amount 4409
Legal Description LINWOOD PARK LOT 14 BLOCK 1 LTS 13 & 100 X 130

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

coin laundry
storage shed

Building Details

Year built 1920
Number of units 5
Roof type Composition
Additional Structures Storage
Listing Agency: Nebraska Realty
Listed By: Chad Blythe · License #20090393
Added: May 6 Changed: Aug 28 Last Checked: Aug 29 at 12:06PM
MLS# 22612540

Copyright © 2026 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 1416 O Street in Omaha, Nebraska, this 5-unit apartment property combines a converted primary residence with a separate cottage-style dwelling. The main building contains four units arranged across the first and second floors, while the rear cottage provides the fifth unit.

Basement space offers storage, utility areas, and coin-operated laundry equipment. Four units were recently updated; unit #3 was not included in those updates. The property also features a storage shed, covered deck, porch, patio, off-street parking, forced-air heating, and central air conditioning. Appliances include ranges, refrigerators, microwaves, washers, and dryers. Built in 1920, the property has a composition roof.

Key Highlights

  • Five total units: four within the main residence and one separate cottage
  • Main residence is arranged with three units on the first floor and one on the second floor
  • Four units were recently updated; unit #3 was not updated

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom HVAC Service Bakery Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby

Demographics for 68107, NE

31,064
Population
10,253
Households
3
Avg Household Size
29
Median Age
9%
College-Educated
64%
High-School Grad
6.6 sq mi
ZIP Area
4,707
Density / Sq Mi
$59,988
Median Household Income
$34,804
Median Earnings
$1,015
Median Rent
$142,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Four apartments occupy the primary residence, with a separate cottage at the rear.
Where is this apartment building located?
The property is located at 1416 O Street Omaha, NE.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Five total units: four within the main residence and one separate cottage; Main residence is arranged with three units on the first floor and one on the second floor; Four units were recently updated; unit #3 was not updated
More about this property
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