12-Unit Residential Income
1014 North 48th Avenue Omaha, NE 68132
1014 North 48th Avenue, Omaha, NE, 68132
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For Sale
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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 Market50
Property Features for 1014 North 48th Avenue
General Information
- Standard status
- Active
- Size
- 13,034 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing agency
Nebraska Realty
Listed by
Nick Gollin · License #20210327
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:52PM Checked: Jul 22 at 6:25PM
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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
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FAQs
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