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Twelve-Unit Apartment Building

1014 N 48th Avenue Omaha, NE 68132

1014 N 48th Avenue, Omaha, NE, 68132
$870,000
For Sale
$870,000

MULTI_FAMILY - Omaha, NE

Days on Market48

Property Features for 1014 N 48th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
7
Rooms
Bathroom 3, Bedroom 4, Bathroom 7, Bathroom 6, Bedroom 5, Bathroom 1, Bathroom 4, Basement, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 6, Bedroom 1, Bedroom 7
Parking
12
Patio and Porch features
Deck
Exterior features
Covered Deck, Deck/Balcony
Appliances
Range - Cooktop + Oven, Refrigerator
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

Utilities

Heating system
Forced Air

Building Details

Year built
1965
Number of units
12
Roof type
Composition
Listing Agency Nebraska Realty
17117 Burt St, Lincoln, NE
Listed by Nick Gollin · License #20210327
Added: Jun 3 Checked: Jul 20 at 5:06 am
MLS# 22615434 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.


Investment Insights

Based on property information with market context.

This fully occupied 12-unit apartment building features all 1-bedroom, 1-bath layouts. The property includes a private parking lot for all tenants. In the basement, there are existing hookups intended for a paid laundry setup.

The building is located at 1014 N 48th Avenue in Omaha, near Dundee, Blackstone, and UNMC, offering access to established retail and employment areas. The seller notes substantial capital work completed over recent years, including new stairs and balconies added in 2023 totaling more than $155,000, along with more than $60,000 in concrete work from 2017 through 2024.

For buyers and operators, this is an owner-operated asset with a straightforward unit mix and a clear operating starting point given current occupancy and consistent configuration across all units. Additional income may be supported by the existing basement laundry hookups, subject to permitting and implementation. AMA buyer to verify schools.

Key Highlights

  • Fully occupied 12‑unit building with 1‑bed/1‑bath units
  • Private parking lot for all tenants
  • Major upgrades include $155,000+ in new stairs and balconies (2023)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Big Box & Wholesale Store Law Firm (Bike/Boat/Book/etc) Store Carpet & Flooring Store Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Electrical Service Florist Veterinary Clinic

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

FAQs

What type of property is this?
Apartment building - Fully occupied 12-unit property with private parking and recent stair, balcony, and concrete 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 building with 1‑bed/1‑bath units; Private parking lot for all tenants; Major upgrades include $155,000+ in new stairs and balconies (2023)
Contact an agent
More about this property
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