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    840 N 44Th St Omaha, NE 68131

    For Sale
    $2,675,000

    Multi-Family - Omaha, NE

    Type:Multi Family
    Days on Market:
    74
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 840 N 44Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Rooms
    Basement
    APN
    2241510000
    Parking
    36
    Parking features
    Underground/Basement
    Basement Y/N
    1

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1965
    Number of units
    29
    Architectural style
    Other

    BHHS Ambassador Real Estate (402) 493-4663 [email protected]

    Listing agent Mike Pettid (402) 493-4663 License #20041004

    Listing date Oct 1, 2025

    MLS# 22521892 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 Multi-Family Investment Opportunity

    This all-brick apartment building in Omaha, Nebraska, features 28 units and an attached small grocery store. The property benefits from several updates, including a new roof installed in 2023 and upgraded windows in 2015. Water heaters have also been updated. The elevator is maintained on a monthly basis. Security cameras are in place. Parking options include on-street parking, a parking lot, and underground parking. The property presents an opportunity to increase income and profits through rent adjustments. Vacant units are rented out quickly. An on-site property manager is currently in place and receives free rent. Eliminating this arrangement would increase income by $13,200 annually. The property is located in Omaha, NE 68131.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.9789522
    Latitude
    41.2675982

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    FAQs

    What type of property is this?
    Apartment building - 28-unit apartment building with grocery store and income potential.
    Where is this apartment building located?
    The property is located at 840 N 44Th St Omaha, NE.
    What is the asking price?
    The asking price for this property is $2,675,000.
    What are key features of this property?
    This property features: - All brick apartment building featuring 28 units, plus an attached small grocery store.; - New roof (2023), upgraded windows (2015), and updated water heaters offer peace of mind.; - Benefit from multiple parking options: on street, parking lot, and underground parking.
    (402) 493-4663
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    840 N 44Th St Omaha, NE 68131
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    Omaha, NE 68131
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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
    840 N 44Th St Omaha, NE 68131
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