Remodeled Furnished
For Sale
$477,700
122-124 N 30th Street, Omaha, NE 68131
Two furnished residences retain exposed brick and original wood floors alongside updated kitchens and baths.
Property Size3,050 SF
Price / SF$156.62
Days on Market80
Property Features for 122-124 N 30th Street
General Information
Standard status
Active
Size
3,050 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Gifford Park Neighborhood Association
Building Details
Year Built
1915
Listing Agency:
Realty One Group Sterling
Listed By:
Heidi Cline
(402) 350-9494
Source:
Tenaciousrealty
Added: Aug 13
Changed: Oct 31
Last Checked: Oct 30 at 2:33PM
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 Realty One Group Sterling
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Investment Insights
Based on property information with market context.
This 3,050-square-foot duplex dates to 1915 and includes two fully furnished residences with remodeled interiors. Original character remains through exposed brick and wood flooring, while stainless steel appliances and granite countertops serve the updated kitchens. The property also features refreshed bathrooms, separate laundry facilities, and a shared rear patio.
The upper residence adds a second living area, a freestanding soaking tub, and a four-season sunroom. Positioned at 122-124 N 30th Street in Omaha’s Midtown area, the duplex is located near Midtown Crossing, Blackstone, the Omaha Streetcar, Interstate 480, and several downtown destinations, including the Old Market, Capitol District, CHI arena, and Charles Schwab Field. Boys Town hospital is also within the stated surrounding area.
The upper residence adds a second living area, a freestanding soaking tub, and a four-season sunroom. Positioned at 122-124 N 30th Street in Omaha’s Midtown area, the duplex is located near Midtown Crossing, Blackstone, the Omaha Streetcar, Interstate 480, and several downtown destinations, including the Old Market, Capitol District, CHI arena, and Charles Schwab Field. Boys Town hospital is also within the stated surrounding area.
Key Highlights
- 3,050 SF duplex built in 1915
- Both residences are fully furnished and remodeled
- Exposed brick and original wood floors preserve historic character
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,651
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,020
$533.0K
Cap Rate 7%
$380,729
$380.7K
Cap Rate 9%
$296,122
$296.1K
Market Conditions
NOI Build-Up for 3,050 SF
Gross rent
$41.0K $13.44/SF
− Vacancy
−$2.9K −$0.96/SF
EGI
$38.1K $12.48/SF
− OpEx
−$11.4K −$3.74/SF
NOI
$26.7K $8.74/SF
Area
Omaha, NE
Vacancy
7.12%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,020
Cap Rate 7%
$380,729
Cap Rate 9%
$296,122
Alternative Uses
Best Use
Multifamily LT 5
$380.7K
$333.1K – $444.2K
NOI $26,651 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$351.1K
$307.2K – $409.7K
NOI $24,579 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$802.4K
$702.1K – $936.2K
NOI $56,171 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
2,124
Businesses Nearby
Explore this area
Business Placement
Demographics for 68131, NE
13,609
Population
7,861
Households
1.7
Avg Household Size
29
Median Age
46%
College-Educated
91%
High-School Grad
2.1 sq mi
ZIP Area
6,480
Density / Sq Mi
$47,800
Median Household Income
$30,808
Median Earnings
$1,081
Median Rent
$224,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two furnished residences retain exposed brick and original wood floors alongside updated kitchens and baths.
Where is this duplex located?
The property is located at 122-124 N 30th Street Omaha, NE.
What is the asking price?
The asking price for this property is $477,700.
What are key features of this property?
This property features: 3,050 SF duplex built in 1915; Both residences are fully furnished and remodeled; Exposed brick and original wood floors preserve historic character
