Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Ranch Duplex with Separate Units Title is generated by Realmo AI

    831 50th Street, Omaha, NE 68106

    View on Map
    Claim this Listing
    New
    For Sale
    $279,000

    Multi-Family - Omaha, NE

    Type:Multi Family
    Added:
    Jun 5, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 5 at 3:06 pm

    Property Features for 831 50th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
    Parking
    6
    Interior features
    9'+ Ceiling
    Basement Y/N
    1
    Appliances
    Cooktop, Dishwasher, Microwave, Range, Washer
    Standard status
    Active
    APN
    1839950000

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3894.36

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1909
    Number of units
    2
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Diane Briggs

    Listing agent Diane Briggs License #0980468

    Listing office BHHS Ambassador Real Estate 331 Village Pointe Plz, Omaha, NE

    Listing date Jun 5, 2026

    MLS# 22615782 Listing URL

    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

    • Fully renovated ranch‑style home built in 1909 with 2 bedrooms and a full bath on the main level
    • Updated kitchen with new cabinetry, granite countertops, and stainless steel appliances
    • Walkout lower level operates as a studio unit/apartment with a new 3/4 bath and egress window
    • Upper and lower levels have been rented separately, with laundry shared and a detached 2‑car garage with alley access
    • Central air and forced‑air natural gas heating; composition roof
    • Refinished hardwood floors, plus enclosed rear porch and covered front porch

    Overview

    This fully renovated ranch-style duplex is configured with separate upper and lower levels for independent rental use. The main level features two bedrooms, a full bath, refinished hardwood floors, a spacious living and dining area, and an updated kitchen with new cabinetry, granite countertops, stainless steel appliances, and LVP flooring. The walkout lower level operates as a studio unit with a large open living space, an egress window, extensive cabinetry, and a newly added 3/4 bath. Exterior features include a covered front porch and an enclosed rear porch. Shared amenities include laundry, along with a detached two-car garage accessed from the alley. Additional off-street parking is available at the front of the property.

    The property is located at 831 50th Street in Omaha, Nebraska (Douglas County). Public remarks note convenience to hospitals, downtown Omaha, restaurants, and public transportation.

    For tenants or owner-operators, the layout supports separate living arrangements across two levels, which can be useful for residents seeking privacy while still sharing on-site laundry access. For investors, the recent renovations and established use as both short-term and long-term rentals may appeal to those looking for a turn-key residential income asset with flexible unit configuration.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.9899642
    Latitude
    41.2511719

    Nearby Similar for Sale

    • $825,000

      Omaha Brick Duplex Opportunity

      Stunning duplex ideal for rentals or multi-generational living.
      5114 Dodge Street, Omaha, NE 68132
      View Details
    • $670,000

      Carefree Duplex in Elkhorn Schools

      8 bed, 8 bath duplex near 168th & West Dodge.
      17069 Nicholas Street, Omaha, NE 68118
      View Details
    • $870,000

      12-Unit Multifamily Investment

      Fully occupied 12-unit building with private parking and laundry hookups, offering value-add upside in a high-demand corridor.
      1014 N 48th Avenue, Omaha, NE 68132
      View Details
    • $425,000

      Omaha Multi-Family Investment Opportunity

      Five-unit property generating approximately $4,550 monthly gross income.
      1416 O Street, Omaha, NE 68107
      View Details
    • $604,800
      2,864 SF

      Modern Office Condominium in Omaha

      Move-in-ready office space in Southwest Omaha's Ridgeview Office Park.
      18045 Oak St # A & B, Omaha, NE 68130
      View Details
    • $300,000

      Midtown Multi-Family Investment Opportunity

      Spacious property near Blackstone, UNMC, and Leavenworth corridor.
      3521 Jones Street, Omaha, NE 68105
      View Details
    • $579,000

      Renovated 8-Unit Multifamily

      Fully renovated, furnished eight-unit property with off-street parking and on-site laundry for flexible mid- or short-term use.
      1120 Park Avenue, Omaha, NE 68105
      View Details
    • $419,900

      Updated Duplex in Prime Location

      Updated duplex in Omaha, great for investors or owner-occupants.
      2501 and 2503 S 49 Street, Omaha, NE 68106
      View Details
    • $449,950

      Omaha Multi-Family Investment Opportunity

      Five-unit building with recent updates and off-street parking.
      4531 Hamilton Street, Omaha, NE 68132
      View Details
    • $1,150,000

      Two-Building Apartment Portfolio

      Well-suited for residential investors with 11 units across two separate buildings and tenant off-street parking.
      12135 Lisa Circle, Omaha, NE 68137
      View Details
    • $180,000
      1,160 SF

      Mixed-Use Property with Retail Building

      Investment opportunity: duplex plus retail building with income potential.
      4201 Grand Avenue, Omaha, NE 68111
      View Details
    • $899,900

      Omaha Multi-Family Investment Opportunity

      Updated five-unit properties with off-street parking and coin laundry.
      4531 - 4535 Hamilton Street, Omaha, NE 68132
      View Details

    FAQs

    What type of property is this?
    Duplex - Ranch-style duplex with separate upper and lower rentals, including a studio walkout level, off-street parking, and garage access.
    Where is this duplex located?
    The property is located at 831 50th Street Omaha, NE.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: Fully renovated ranch‑style home built in 1909 with 2 bedrooms and a full bath on the main level; Updated kitchen with new cabinetry, granite countertops, and stainless steel appliances; Walkout lower level operates as a studio unit/apartment with a new 3/4 bath and egress window
    (402) 598-1444
    We can help!
    Listing Contact
    Diane Briggs
    Real Estate License ID: 0980468
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    831 50th Street, Omaha, NE 68106
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!