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    Duplex Investment Opportunity Title is generated by Realmo AI

    10804 Borman Ave, Omaha, NE 68137

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    Excellent investment property with income potential in a convenient location.

    Type:Multifamily
    Property size:
    3,718 SF
    Price / SF:
    $127/SF
    Added:
    Dec 3, 2025
    Days on Market:
    206
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 10804 Borman Ave

    General Information

    Standard status
    Active
    Size
    3,718 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1973

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    Matt Donahue

    Listing office Berkshire Hathaway HomeServices Ambassador Real Estate Omaha

    Listing date Dec 3, 2025

    Source Crexi

    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 Berkshire Hathaway HomeServices Ambassador Real Estate Omaha

    HighLights

    • Excellent investment opportunity for rental income or "house hacking".
    • Convenient location with quick access to the interstate.
    • Close proximity to shopping centers, schools, and restaurants.
    • New roof (2 years old).
    • Combines location, condition, and income potential.
    • Suitable for both investors and homeowners.

    Overview

    This property presents an investment opportunity suitable for expanding a rental portfolio or for a house hack setup, allowing the owner to live on one side and rent out the other. The location provides convenient access to the interstate, shopping centers, schools, and restaurants. The property is positioned to offer both immediate value and long-term growth. The roof is only 2 years old. The property size is 3718 square feet.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $50.0k $13.44
    − Vacancy −$3.6k −$0.96
    EGI $46.4k $12.48
    − OpEx −$13.9k −$3.74
    NOI $32.5k $8.74
    3,718 SF · lease $13.44/SF/yr · vacancy 7.12% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $464.1K
    $406.1K – $541.5K (±1% cap)
    NOI $32,488 @ 7.0% cap · market cap 6.84%
    Second Best
    Apartment 5plus
    $428.0K
    $374.5K – $499.4K (±1% cap)
    NOI $29,962 @ 7.0% cap · market cap 6.31%
    Theoretical Best
    Office A
    $978.2K
    $855.9K – $1.14M (±1% cap)
    NOI $68,473 @ 7.0% cap · market cap 14.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.0817374
    Latitude
    41.2018664

    FAQs

    What type of property is this?
    Duplex - Excellent investment property with income potential in a convenient location.
    Where is this duplex located?
    The property is located at 10804 Borman Ave Omaha, NE.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Excellent investment opportunity for rental income or "house hacking".; Convenient location with quick access to the interstate.; Close proximity to shopping centers, schools, and restaurants.
    More about this property
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