4430 Redman Ave Omaha, NE 68111
Well-maintained, fully occupied 10-unit apartment building with value-add potential.
Property size:
5,750 SFProperty Features for 4430 Redman Ave
General Information
- Size
- 5,750 SF
Building Details
- Year built
- 1963
Source:
Lee-associates
Listing Agent: Benjamin Pearson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Omaha Multifamily Investment Opportunity
The property at 4430 Redman Avenue is a well-maintained, 10-unit multifamily building located in Northeast Omaha. Constructed in 1963 on a 0.38-acre lot, the property is currently 100% occupied. The existing rents are below market rates, presenting a value-add opportunity. The building features solid construction and off-street parking. Situated in a residential area south of Sorensen Parkway, the property is near schools, parks, and local businesses, with convenient access to the Florence, Minne Lusa, and Miller Park neighborhoods. Its location provides easy access to Sorensen Parkway, I-680, and Eppley Airfield, and is a 15-minute drive to downtown Omaha. Tenants benefit from the proximity to grocery stores, retail options, public transit stops, and green spaces. The property offers strong tenant appeal due to its quiet setting and walkable access to transit, shopping, and amenities. The building has been under long-term ownership and exhibits minimal deferred maintenance. The property size is 5750 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Idell Willis
Hotel
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Sarpy
- State
- Nebraska
- Longitude
- -95.9796616
- Latitude
- 41.3110831
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FAQs
What type of property is this?
Apartment building - Well-maintained, fully occupied 10-unit apartment building with value-add potential.
Where is this apartment building located?
The property is located at 4430 Redman Ave Omaha, NE.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: - 100% Occupied with Significant Value-Add Potential: Rents are well below market, presenting an immediate opportunity to increase cash flow.; - Well-Maintained Property: Indicates minimal deferred maintenance and long-term, responsible ownership.; - Strong Tenant Appeal: Quiet setting with walkable access to transit, shopping, and amenities ensures consistent rental demand.