Listing Agency: Heartland Real Estate d**@heartre.com Show Phone

Listed By: Denise Middleton

Source: Crexi

Added: Apr 24 Changed: Aug 8 Last Checked: Jul 23 at 12:28PM

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Investment Insights

Based on property information with market context.

This for-sale triplex includes three rental units that have been updated within the past five years and are currently rented. The unit mix consists of a studio with one bath, a one-bedroom with one bath, and a two-bedroom with one bath. Heating and cooling features include a studio mini-split system, and gas forced air for heating and cooling in both the one-bedroom and two-bedroom units.

The property provides off-street parking. Sale includes appliances listed in the disclosures and all fixtures permanently attached to the property. The landlord pays water and sewer, while tenants pay their own utilities.

Each unit is separately configured for its bedroom count and includes the heating/cooling systems described above, supported by a layout designed for ongoing rental occupancy.

Key Highlights

• Triplex with 3 rental units: studio (1 BA), 1‑bedroom (1 BA), and 2‑bedroom (1 BA)
• All three units were updated within the past 5 years and are currently rented
• Current rents: studio $450/mo, 1‑bedroom $525/mo, and 2‑bedroom $735/mo

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

454

Businesses Nearby

Explore this area Business Placement

Demographics for 69301, NE

9,632

Population

4,613

Households

2.1

Avg Household Size

41

Median Age

20%

College-Educated

91%

High-School Grad

1,034.0 sq mi

ZIP Area

9

Density / Sq Mi

$70,260

Median Household Income

$46,707

Median Earnings

$769

Median Rent

$165,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Triplex - Triplex with three rented units, off-street parking, and updated interiors within the past five years.

Where is this triplex located?

The property is located at 624 W 5th St Alliance, NE.

What are key features of this property?

This property features: Triplex with 3 rental units: studio (1 BA), 1‑bedroom (1 BA), and 2‑bedroom (1 BA); All three units were updated within the past 5 years and are currently rented; Current rents: studio $450/mo, 1‑bedroom $525/mo, and 2‑bedroom $735/mo