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5-Unit Apartment Building
For Sale
$400,000

1416 O Street, Omaha, NE 68107

MULTI_FAMILY - Omaha, NE

Property SizeContact for details
Days on Market98

Property Features for 1416 O Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 2, Bathroom 4, Bedroom 6, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 2, Basement, Bathroom 5, Bedroom 3, Bedroom 4
Parking 3
Parking features Off Street
Patio and Porch features Porch, Deck, Patio
Exterior features Porch, Patio, Covered Deck, Storage Shed
Appliances Dryer, Microwave, Range, Refrigerator, Washer
Subdivision Linwood Park
Elementary school Gomez-Hertitage
Middle school Marrs
High school South
Elementary school district Omaha
Middle school district Omaha
High school district Omaha
Directions From I-80, take the 13th St exit. S on 13th, W on O St to property.
Standard status Active
APN 1628700000

Taxes and HOA fees

Tax Year 2025
Tax Description LINWOOD PARK LOT 14 BLOCK 1 LTS 13 & 100 X 130
Tax Annual Amount 4409
Legal Description LINWOOD PARK LOT 14 BLOCK 1 LTS 13 & 100 X 130

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

coin laundry
storage shed

Building Details

Year built 1920
Number of units 5
Roof type Composition
Additional Structures Storage
Listing Agency: Nebraska Realty
Listed By: Chad Blythe · License #20090393
Added: May 6 Changed: Aug 10 Last Checked: Aug 11 at 5:06PM
MLS# 22612540

Copyright © 2026 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1920-built 5-unit apartment property includes a main home converted into four units plus a separate cottage-style unit behind the main house. The layout provides three units on the main floor and one unit on the second floor, with additional basement storage and utilities. Coin laundry machines are available, and a storage shed adds extra space.

The property includes off-street parking in front of the home. Exterior features include a porch, patio, and covered deck, supporting tenant outdoor space.

Most units have been recently updated, with unit #3 not identified as updated in the provided remarks. Heating is forced air and cooling is central air. Appliances listed include microwave, range, refrigerator, washer, and dryer.

Key Highlights

  • 5‑unit apartment building with four units in the main home and one cottage‑style unit behind
  • Main floor includes 3 units; second floor includes 1 unit
  • Basement provides storage plus utilities and coin laundry machines

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom HVAC Service Bakery Plumbing Service

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

425
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Converted multifamily property features forced-air heating, central air, and off-street parking with patio and porch areas.
Where is this apartment building located?
The property is located at 1416 O Street Omaha, NE.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 5‑unit apartment building with four units in the main home and one cottage‑style unit behind; Main floor includes 3 units; second floor includes 1 unit; Basement provides storage plus utilities and coin laundry machines
More about this property
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