12-Unit Residential Income
For Sale
Contact for pricing
1014 North 48th Avenue, Omaha, NE 68132
Fully occupied 12-unit property with private parking and basement laundry hookups for an owner-operator or investor.
Property Size13,034 SF
Price / SF$66.75
Days on Market97
Property Features for 1014 North 48th Avenue
General Information
Standard status
Active
Size
13,034 SF
Property subtype
Multifamily
Zoning
R7
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$68,752
Additional Details
Multifamily Units
12
Building Details
Year Built
1965
Year Renovated
2017
Buildings
1
Units
12
Tenancy
Multi
Listing Agency:
Nebraska Realty
Listed By:
Nick Gollin · License #20210327
(402) 310-3717
Source:
Crexi
Added: Jun 3
Changed: Sep 2
Last Checked: Sep 7 at 3:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nebraska Realty
Investment Insights
Based on property information with market context.
This fully occupied 12-unit residential income building features all 1-bed/1-bath units. The property includes a private parking lot reserved for tenants. In addition, the basement has existing hookups that support a paid laundry setup.
The building is located in a high-demand corridor near Dundee, Blackstone, and UNMC. It has been owner-operated since 2001. The remarks also note that rents are currently below market.
Major capital improvements have been completed over recent years, including more than $155,000 in new stairs and balconies in 2023, along with over $60,000 in concrete work from 2017–2024. With the building already in service and operating with tenant occupancy, this configuration can appeal to buyers looking for a well-maintained, smaller multifamily asset where value-add pathways are supported by the existing unit and infrastructure profile. An AMA buyer should verify schools.
The building is located in a high-demand corridor near Dundee, Blackstone, and UNMC. It has been owner-operated since 2001. The remarks also note that rents are currently below market.
Major capital improvements have been completed over recent years, including more than $155,000 in new stairs and balconies in 2023, along with over $60,000 in concrete work from 2017–2024. With the building already in service and operating with tenant occupancy, this configuration can appeal to buyers looking for a well-maintained, smaller multifamily asset where value-add pathways are supported by the existing unit and infrastructure profile. An AMA buyer should verify schools.
Key Highlights
- Fully occupied 12‑unit building; all units are 1 bed/1 bath with rents currently below market
- Private parking lot available for all tenants
- Basement includes existing hookups for a paid laundry setup
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
313
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied 12-unit property with private parking and basement laundry hookups for an owner-operator or investor.
Where is this apartment building located?
The property is located at 1014 North 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; all units are 1 bed/1 bath with rents currently below market; Private parking lot available for all tenants; Basement includes existing hookups for a paid laundry setup
