For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Four-Unit Residential Income Property Title is generated by Realmo AI

    117 S 38th Street, Omaha, NE 68131

    View on Map
    Claim this Listing
    New
    For Sale
    $425,000

    MULTI_FAMILY - Omaha, NE

    Added:
    Jul 2, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 8 at 10:06 am

    Property Features for 117 S 38th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 5, Bedroom 3, Basement, Bedroom 4, Bathroom 4
    Parking
    5
    Patio and Porch features
    Porch, Deck
    Exterior features
    Porch, Deck/Balcony
    Appliances
    Dishwasher, Disposal, Dryer, Microwave, Range - Cooktop + Oven, Refrigerator, Washer
    Standard status
    Active
    APN
    1423590000

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    The North 40 feet of Lot 6, Block 10, Jerome Park, an addition to the City of Omaha, Douglas County, Nebraska.
    Tax Annual Amount
    3281

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air, Heat Pump

    Building Details

    Year built
    1904
    Number of units
    4
    Roof type
    Composition

    We can help!

    Contact an agent
    Danielle Altman

    Listing agent Danielle Altman License #20110406

    Listing office BHHS Ambassador Real Estate 331 Village Pointe Plz, Omaha, NE

    Listing date Jul 2, 2026

    MLS# 22618723 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.

    HighLights

    • 4‑unit multi‑family property in the Midtown Blackstone District
    • Year built: 1904
    • 2026 rental income includes units leased at $1,450, $1,080, and $960 per month; fourth unit currently vacant
    • Appliances included with the sale (dishwasher, disposal, dryer, microwave, range/oven, refrigerator, washer)
    • Heat pump heating plus central air cooling
    • Exterior features include a porch and deck; composition roof

    Overview

    This four-unit residential income property offers a straightforward rental setup, with three units currently leased and a fourth unit that is vacant. The sale includes all appliances, supporting tenant move-in readiness. Please note that some listing photos were taken when the property was previously vacant and may not reflect current occupancy.

    The property is located in Omaha in the Blackstone District, positioned near local shops, restaurants, and entertainment. Public remarks also note the upcoming streetcar line to the south, intended to provide convenient access to Downtown.

    For investors or owner-operators seeking a small multi-family portfolio, the current financial snapshot provided in the listing shows monthly rental income of $1,450, $1,080, and $960 from the three leased units, with the fourth unit available. The vacant unit may allow a buyer to refresh operations and prepare for new tenancy upon sale. If you are evaluating a fourplex in Omaha’s Midtown/Blackstone area, this property’s combination of in-place leasing and an available unit for re-tenanting is a practical place to start.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist Tattoo & Piercing Shop Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.968589
    Latitude
    41.258883

    FAQs

    What type of property is this?
    Quadplex - Four-unit multi-family with appliances included and three units currently leased, while the fourth is vacant.
    Where is this quadplex located?
    The property is located at 117 S 38th Street Omaha, NE.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 4‑unit multi‑family property in the Midtown Blackstone District; Year built: 1904; 2026 rental income includes units leased at $1,450, $1,080, and $960 per month; fourth unit currently vacant
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message