Search
Multifamily Income Property
For Sale
Contact for pricing
Pending

3518 Gertrude St, Bellevue, NE 68147

Two-building multifamily offering 24 units, including one-bed and two-bed apartments, with updates to a majority of units.

Property SizeContact for details
Days on Market129

Property Features for 3518 Gertrude St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 24
Listing Agency: Berkshire Hathaway HomeServices Ambassador Real Estate Omaha
Listed By: Michael Maley · License #NE
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 17 at 2:04PM

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 Berkshire Hathaway HomeServices Ambassador Real Estate Omaha

Investment Insights

Based on property information with market context.

This for-sale multifamily property features two buildings totaling 24 units. The unit mix includes 16 one-bedroom, one-bath apartments and 8 two-bedroom, one-bath apartments. Sixteen of the units have been updated.

Improvements listed include interior hallway and common area updates, flooring, painting, exterior painting, exterior lighting, a new retaining wall, a new boiler motor, vinyl windows, a security monitoring system, and refreshed landscaping.

The remaining 8 units and portions of the property may present opportunities for further work, while the current upgrade package supports continued rent-readiness across much of the asset.

Key Highlights

  • Two‑building multifamily with 24 total units: 16 one‑bed/one‑bath and 8 two‑bed/one‑bath
  • 16 units have been updated, with interior hallway and common area improvements
  • Recent building improvements include new boiler motor and vinyl windows

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon

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

Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby

Demographics for 68147, NE

11,387
Population
4,641
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
90%
High-School Grad
4.9 sq mi
ZIP Area
2,324
Density / Sq Mi
$91,706
Median Household Income
$48,446
Median Earnings
$1,296
Median Rent
$202,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily offering 24 units, including one-bed and two-bed apartments, with updates to a majority of units.
Where is this apartment building located?
The property is located at 3518 Gertrude St Bellevue, NE.
What are key features of this property?
This property features: Two‑building multifamily with 24 total units: 16 one‑bed/one‑bath and 8 two‑bed/one‑bath; 16 units have been updated, with interior hallway and common area improvements; Recent building improvements include new boiler motor and vinyl windows
(402) 493-4663 Call to check price and availability
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