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    640 Jones St Omaha, NE 68105

    For Sale
    $1,000,000

    Multi-Family - Omaha, NE

    Type:Multi Family
    Days on Market:
    10
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 640 Jones St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bedroom 1
    Bedrooms
    1
    Bathrooms
    1
    APN
    2520300000
    Parking
    6
    Basement Y/N
    1
    Appliances
    Cooktop, Range, Refrigerator

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1951
    Number of units
    8
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    Better Homes and Gardens Real Estate The Good Life Group (402) 932-5989 [email protected]

    Listing agent Anne Conway (402) 932-5989 License #0930622

    Listing date Dec 2, 2025

    MLS# 22533952 Listing URL

    Copyright © 2025 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.

    Overview

    Omaha Multifamily Investment Opportunity

    This is an investment opportunity featuring two all-brick 4-plexes, being sold together as an 8-unit multifamily property. The property is located in a prime mid-town location near Blackstone and UNMC. Each unit offers 1 bedroom and 1 bathroom within a spacious 830 sq. ft. layout. Recent improvements include a new roof and gutters in 2024, along with newly replaced street-facing windows on both buildings. See associated MLS documents for detailed information on rents, utilities, laundry, and parking.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Law Firm Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.927023
    Latitude
    41.253815

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    FAQs

    What type of property is this?
    Multifamily property - Eight-unit multifamily property in prime mid-town location near Blackstone.
    Where is this multifamily property located?
    The property is located at 640 Jones St Omaha, NE.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity: Two 4-plexes sold together as an 8-unit multifamily property.; - Prime mid-town location near Blackstone and UNMC.; - Recent improvements: New roof and gutters (2024) and newly replaced street-facing windows.
    (402) 932-5989
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    640 Jones St Omaha, NE 68105
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    Omaha, NE 68105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    640 Jones St Omaha, NE 68105
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