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    Five-Unit Residential Income Property Title is generated by Realmo AI

    1416 O Street, Omaha, NE 68107

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    For Sale
    $415,000

    Multi-Family - Omaha, NE

    Type:Multi Family
    Added:
    May 6, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 22 at 11:06 am

    Property Features for 1416 O Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Bedrooms
    6
    Bathrooms
    5
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
    Parking
    3
    Patio and Porch features
    Patio, Porch, Deck
    Exterior features
    Porch, Patio, Covered Deck, Storage Shed, Partial Fencing
    Fencing
    Fenced, Partial
    Basement Y/N
    1
    Appliances
    Cooktop, Dryer, Microwave, Range, Refrigerator
    Standard status
    Active
    APN
    1628700000

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4409.22

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Number of units
    5
    Building materials
    Asbestos, Brick, Other
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Packing Shed, Shed(s), Storage

    We can help!

    Listing Contact
    Chad Blythe
    Chad Blythe

    Listing agent Chad Blythe License #20090393

    Listing office Nebraska Realty 17117 Burt St, Lincoln, NE

    Listing date May 6, 2026

    MLS# 22612540 Listing URL

    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.

    HighLights

    • Generates approximately $4,550/month in gross income.
    • 5 Units: Main house converted into 4 units, plus a separate cottage‑style home.
    • Large lot with additional parking spaces.
    • Most units have been recently updated.
    • Basement with additional storage and coin laundry machines.
    • Includes a storage shed.

    Overview

    This five-unit residential income property includes a main home converted into four units plus a separate cottage-style unit located behind the main house. Three of the units are on the main floor, and one unit is on the second floor. The basement provides additional storage along with utilities and coin-operated laundry machines for tenant use. All units except Unit #3 have been recently updated, and the property also includes a storage shed.

    The building sits on a large lot with additional parking spaces in front of the home, supporting convenient on-site access for residents. The separate cottage unit contributes to a mixed layout of main-home units and a rear dwelling.

    For operators or owner-users seeking a small multifamily setup, the configuration offers multiple independent rental units within one property, along with common-area conveniences like storage and on-site laundry. The recent updates to most units may help reduce near-term interior work needs, while Unit #3 remains the one exception to the recent update information provided. See the associated documents for additional details, including financial information.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.9354475
    Latitude
    41.2086304

    FAQs

    What type of property is this?
    Apartment building - Five-unit multifamily with updated interiors, on-site laundry, and a separate cottage unit in addition to the main-home conversions.
    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 $415,000.
    What are key features of this property?
    This property features: Generates approximately $4,550/month in gross income.; 5 Units: Main house converted into 4 units, plus a separate cottage‑style home.; Large lot with additional parking spaces.
    More about this property
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