12-Unit Apartment
For Sale
$870,000
1014 N 48th Avenue, Omaha, NE 68132
MULTIFAMILY, Omaha, NE
Property SizeContact for details
Days on Market93
Property Features for 1014 N 48th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 7, Bedroom 6, Bathroom 6, Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 5, Basement, Bathroom 1, Bathroom 4, Bathroom 7, Bedroom 4, Bedroom 1, Bedroom 2
Parking
12
Patio and Porch features
Deck
Exterior features
Covered Deck, Deck/Balcony
Appliances
Range, Refrigerator
Subdivision
CARTHAGE ADD
Lot features
Corner Lot
Elementary school
Harrison
Middle school
Lewis and Clark
High school
Central
Elementary school district
Omaha
Middle school district
Omaha
High school district
Omaha
Directions
Follow GPS
Standard status
Active
APN
0752790002
Taxes and HOA fees
Tax Year
2025
Tax Description
CARTHAGE ADD LOT 2 BLOCK 12 E 7 FT VAC ALLEY & ALL LOTS 1 & 98 X 133
Tax Annual Amount
8728
Legal Description
CARTHAGE ADD LOT 2 BLOCK 12 E 7 FT VAC ALLEY & ALL LOTS 1 & 98 X 133
Utilities
Heating system
Forced Air
Building Details
Year built
1965
Number of units
12
Roof type
Composition
Listing Agency:
Nebraska Realty
(402) 491-0100
Listed By:
Nick Gollin · License #20210327
(402) 310-3717
Added: Jun 3
Changed: Sep 2
Last Checked: Sep 3 at 8:06AM
MLS# 22615434
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.
Investment Insights
Based on property information with market context.
This 12-unit apartment building contains exclusively one-bedroom, one-bath residences and is fully occupied. The property includes ranges, refrigerators, forced-air heating, a composition roof, and covered deck or balcony features. A private parking lot serves the tenants, while the basement has existing hookups for a paid laundry installation.
Major exterior work includes replacement stairs and balconies completed in 2023, along with concrete improvements performed from 2017 through 2024. The asset has been owner-operated since 2001 and is located near Dundee, Blackstone, and the University of Nebraska Medical Center. Current rents are below market, and the existing laundry infrastructure provides an additional operating opportunity.
Major exterior work includes replacement stairs and balconies completed in 2023, along with concrete improvements performed from 2017 through 2024. The asset has been owner-operated since 2001 and is located near Dundee, Blackstone, and the University of Nebraska Medical Center. Current rents are below market, and the existing laundry infrastructure provides an additional operating opportunity.
Key Highlights
- Fully occupied 12‑unit apartment building
- All residences are 1‑bed/1‑bath
- New stairs and balconies completed in 2023
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
746
Businesses Nearby
Explore this area
Business Placement
Demographics for 68132, NE
13,729
Population
6,856
Households
2
Avg Household Size
35
Median Age
63%
College-Educated
94%
High-School Grad
2.6 sq mi
ZIP Area
5,280
Density / Sq Mi
$81,556
Median Household Income
$51,430
Median Earnings
$979
Median Rent
$324,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with one-bedroom residences, private tenant parking, and completed exterior improvements.
Where is this apartment building located?
The property is located at 1014 N 48th Avenue Omaha, NE.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Fully occupied 12‑unit apartment building; All residences are 1‑bed/1‑bath; New stairs and balconies completed in 2023
