5837-5839 Lafayette Avenue, Omaha, NE 68132
- Added:
- Jun 24, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 3 at 9:06 am
Property Features for 5837-5839 Lafayette Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Basement, Bedroom 1, Bedroom 5, Bedroom 2
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Active
- APN
- 0925410000
- Size
- 1,980 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- DILLONS 9TH ADD LOT 10 BLOCK 0 58 X 137
- Tax Annual Amount
- 3817
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Flooring type
- Wood
- Roof type
- Composition
- Architectural style
- Ranch
Listing agent Caleb Lanphear (402) 690-4239
Listing office Nebraska Realty 17117 Burt St, Lincoln, NE (402) 491-0100
Listing date Jun 24, 2026
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.
HighLights
- Ranch duplex built in 1950 with a porch and composition roof
- Unit mix: 3 bed/1 bath and 2 bed/1 bath per duplex with separate living spaces
- Includes full unfinished basements in each duplex for value‑add potential
- Tenants are in place (tenet occupied) with 24‑hour notice required for showings
- Interior features include wood flooring, forced air heating, and central air cooling
Overview
The property is located in Omaha, Nebraska near the Dundee and Fairacres area, at 5837–5839 Lafayette Avenue (Douglas County, 68132). The duplex is described as fully occupied, with long-term tenants providing immediate in-place occupancy.
For investors, this configuration supports an ownership strategy that focuses on managing current income while leveraging the unfinished basements for customization over time. The duplex may be purchased individually or as part of a package. Tenant-occupied showings require 24-hour notice, and an agent must be present for access. AMA.
Local 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 | $26.6k | $13.44 |
| − Vacancy | −$1.9k | −$0.96 |
| EGI | $24.7k | $12.48 |
| − OpEx | −$7.4k | −$3.74 |
| NOI | $17.3k | $8.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Sarpy
- State
- Nebraska
- Longitude
- -96.004387
- Latitude
- 41.27116
