Duplex Portfolio with Corner
3813 N 28th Ave Omaha, NE 68111
For Sale
$445,000
MULTI_FAMILY - Other - Omaha, NE
Property Size1,728 SF
Lot Size0.14 Acres
Price / SF$257.52
Days on Market97
Property Features for 3813 N 28th Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Laundry Room, Bedroom 2
Interior features
Master Downstairs
Standard status
Active
Size
1,728 SF
Lot size
0.14 Acres
Utilities
Heating system
Forced Air
Building Details
Year built
1923
Floors in Building
2
Flooring type
Hardwood
Architectural style
Other
Listing Agency:
Top Tier Investment Firm
(402) 968-3926
Listed By:
Nicole Sherman
(402) 968-3926
Added: Apr 23
Changed: Jul 12
Last Checked: Jul 28 at 6:06AM
MLS# 11728912
Copyright © 2026 My State 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.
This duplex portfolio offers functional, long-term tenancy layouts across two units, with select residences featuring hardwood flooring for added durability and appeal. Recent ownership work includes updated plumbing systems, basement upgrades, and targeted cosmetic interior enhancements. The exterior setting includes a corner-lot configuration with adjacent green space, supporting a well-kept appearance and a more desirable day-to-day setting.
Located at 3813 N 28th Ave, Omaha, NE 68111 in Douglas County, the property is positioned on a corner lot with green space adjacency. As part of a two-duplex package, the offering provides a straightforward way to add multiple stabilized income assets together.
For buyers or investors seeking a residential income portfolio with systems already addressed, the combination of plumbing and basement improvements helps reduce immediate capital needs. With select units updated with hardwood flooring and the broader scope of interior and cosmetic work completed, the property is positioned for continued operation as a maintained rental asset without an obvious near-term repositioning requirement.
Located at 3813 N 28th Ave, Omaha, NE 68111 in Douglas County, the property is positioned on a corner lot with green space adjacency. As part of a two-duplex package, the offering provides a straightforward way to add multiple stabilized income assets together.
For buyers or investors seeking a residential income portfolio with systems already addressed, the combination of plumbing and basement improvements helps reduce immediate capital needs. With select units updated with hardwood flooring and the broader scope of interior and cosmetic work completed, the property is positioned for continued operation as a maintained rental asset without an obvious near-term repositioning requirement.
Key Highlights
- 1923 duplex with master downstairs and a forced‑air heating system
- Hardwood flooring in select units for added durability and tenant appeal
- Corner lot with adjacent green space
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.2k | $13.44 |
| − Vacancy | −$1.7k | −$0.96 |
| EGI | $21.6k | $12.48 |
| − OpEx | −$6.5k | −$3.74 |
| NOI | $15.1k | $8.74 |
1,728 SF · lease $13.44/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$215.7K
$188.8K – $251.7K
NOI $15,100 @ 7.0% cap · market cap 3.39%
Second Best
Apartment 5plus
$198.9K
$174.1K – $232.1K
NOI $13,925 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$454.6K
$397.8K – $530.4K
NOI $31,824 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two stabilized duplexes on corner lots with updated plumbing and basement improvements for operational stability.
Where is this duplex located?
The property is located at 3813 N 28th Ave Omaha, NE.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 1923 duplex with master downstairs and a forced‑air heating system; Hardwood flooring in select units for added durability and tenant appeal; Corner lot with adjacent green space
