Three-Unit One-Bedroom
For Sale
$275,000
2426 S 18th Street, Omaha, NE 68108
Triplex offers three one-bedroom homes on one parcel, with separate OPPD and gas meters for each tenant.
Days on Market11
Property Features for 2426 S 18th Street
General Information
Standard status
Active
Property subtype
Multi Family Home
Building Details
Building Size
1,716 SF
Year Built
1905
Listing Agency:
Nebraska Realty
(402) 999-1707
Listed By:
Ricardo Castro · License #962345
(402) 999-1707
Source:
Burrowstracts
Added: Jul 20
Changed: Jul 26
Last Checked: Jul 30 at 11:47AM
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 Nebraska Realty
Investment Insights
Based on property information with market context.
This property consists of three one-bedroom houses on the same piece of land, operating as a triplex. Each unit has its own OPPD and gas meter paid by the respective tenant.
The property is served by one shared water/sewer meter, with the landlord paying for water and sewer.
Ideal for an investor seeking a small residential income asset with a straightforward utility setup: tenant-paid electricity and gas per unit, and landlord-paid water/sewer through the single meter.
The property is served by one shared water/sewer meter, with the landlord paying for water and sewer.
Ideal for an investor seeking a small residential income asset with a straightforward utility setup: tenant-paid electricity and gas per unit, and landlord-paid water/sewer through the single meter.
Key Highlights
- Built in 1905
- Triplex on one parcel with three one‑bedroom houses
- Each unit has its own OPPD meter and gas meter
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.1k | $13.44 |
| − Vacancy | −$1.6k | −$0.96 |
| EGI | $21.4k | $12.48 |
| − OpEx | −$6.4k | −$3.74 |
| NOI | $15.0k | $8.74 |
1,716 SF · lease $13.44/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$214.2K
$187.4K – $249.9K
NOI $14,995 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$197.6K
$172.9K – $230.5K
NOI $13,829 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$451.5K
$395.0K – $526.7K
NOI $31,603 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
Explore this area
Business Placement
Demographics for 68108, NE
15,623
Population
6,084
Households
2.6
Avg Household Size
30
Median Age
24%
College-Educated
76%
High-School Grad
3.3 sq mi
ZIP Area
4,734
Density / Sq Mi
$47,255
Median Household Income
$34,693
Median Earnings
$1,128
Median Rent
$124,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex offers three one-bedroom homes on one parcel, with separate OPPD and gas meters for each tenant.
Where is this triplex located?
The property is located at 2426 S 18th Street Omaha, NE.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Built in 1905; Triplex on one parcel with three one‑bedroom houses; Each unit has its own OPPD meter and gas meter
