Two-Building Multifamily Rehab
For Sale
Contact for pricing
Pending
4823 S 22nd St, Omaha, NE 68107
Two multifamily buildings on one lot with 13 rentable rooms/units total, sold as-is and requiring cosmetic renovations.
Property SizeContact for details
Days on Market136
Property Features for 4823 S 22nd St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
13
Building Details
Tenancy
Multi
Listing Agency:
eXp Realty Great Plains
Listed By:
Ryan Meyer · License #20200859
Source:
Crexi
Added: Apr 11
Changed: Aug 21
Last Checked: Aug 24 at 3:19AM
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 eXp Realty Great Plains
Investment Insights
Based on property information with market context.
This offering includes two multifamily buildings on a single lot, currently configured for 13 rental units/rooms combined. Building One contains 7 rental units/rooms, and Building Two contains 6 rental units/rooms. Both buildings include multiple kitchens and bathrooms across the layouts, with some units described as rough and in need of cosmetic updates such as flooring, paint, and bathroom/kitchen renovations. The property is sold as-is.
Building One has a furnace and is described as running off a large furnace, with no separate meters for gas or water mentioned. Building Two has boiler heat, reportedly serviced and updated by R Mechanical, and has window ACs provided by tenants. Two separate electric meters are in place—one for the front building and one for the back. The seller reports monthly utilities for both buildings combined have run around $500–$600.
Access and unit reach vary by building, including basement-level units described as accessible from an alley in the back building. The configuration allows for a range of reconfiguration options, including the possibility of combining units for larger layouts, subject to the buyer’s renovation plans. A new roof and gutters are noted for Building One.
Building One has a furnace and is described as running off a large furnace, with no separate meters for gas or water mentioned. Building Two has boiler heat, reportedly serviced and updated by R Mechanical, and has window ACs provided by tenants. Two separate electric meters are in place—one for the front building and one for the back. The seller reports monthly utilities for both buildings combined have run around $500–$600.
Access and unit reach vary by building, including basement-level units described as accessible from an alley in the back building. The configuration allows for a range of reconfiguration options, including the possibility of combining units for larger layouts, subject to the buyer’s renovation plans. A new roof and gutters are noted for Building One.
Key Highlights
- Two multifamily buildings on one lot at 4823 S 22nd, with 13 total rental rooms/units (7 in Building One, 6 in Building Two).
- Sold as‑is and presented as a “clean slate” for updates, with cosmetic renovations needed including flooring, paint, and updated kitchens/bathrooms.
- Building One has a furnace; Building Two has boiler heat that was recently serviced and updated by R Mechanical.
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Explore this area
Business Placement
Demographics for 68107, NE
31,064
Population
10,253
Households
3
Avg Household Size
29
Median Age
9%
College-Educated
64%
High-School Grad
6.6 sq mi
ZIP Area
4,707
Density / Sq Mi
$59,988
Median Household Income
$34,804
Median Earnings
$1,015
Median Rent
$142,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two multifamily buildings on one lot with 13 rentable rooms/units total, sold as-is and requiring cosmetic renovations.
Where is this apartment building located?
The property is located at 4823 S 22nd St Omaha, NE.
What are key features of this property?
This property features: Two multifamily buildings on one lot at 4823 S 22nd, with 13 total rental rooms/units (7 in Building One, 6 in Building Two).; Sold as‑is and presented as a “clean slate” for updates, with cosmetic renovations needed including flooring, paint, and updated kitchens/bathrooms.; Building One has a furnace; Building Two has boiler heat that was recently serviced and updated by R Mechanical.
