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    All-Brick Ranch Duplex Opportunity Title is generated by Realmo AI

    246 & 258 E 12th Street, Wahoo, NE 68066

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    Claim this Listing
    New
    For Sale
    $475,000

    Multi-Family - Wahoo, NE

    Type:Multi Family
    Added:
    Jun 1, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 2 at 6:06 pm

    Property Features for 246 & 258 E 12th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking
    10
    Patio and Porch features
    Patio
    Exterior features
    Patio, Storage Shed, Partial Fencing
    Fencing
    Fenced, Partial
    Basement Y/N
    1
    Appliances
    Cooktop, Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer, Water - Softener
    Standard status
    Active
    APN
    006098500

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6218.62

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Number of units
    2
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Packing Shed, Shed(s), Storage

    We can help!

    Listing Contact
    Tammy Bennett

    Listing agent Tammy Bennett License #0940316

    Listing office BHHS Ambassador Real Estate 617 W 15th St, Omaha, NE

    Listing date Jun 1, 2026

    MLS# 22615138 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

    • All‑brick ranch duplex built in 1978 with two 1,648 SF main‑level units
    • Each side includes a 2‑car attached garage and main‑floor laundry
    • Unit 258 E 12th features granite countertops, an enhanced kitchen, and a finished basement
    • Finished basement adds a 3rd bedroom and 3rd bathroom plus a large family room and kitchenette
    • Central air and forced‑air natural gas heating
    • Large corner lot with patio, sprinkler system, partial fencing, storage shed, and extra parking pads

    Overview

    Offered for sale, this well-maintained all-brick ranch duplex is designed for flexible living and reliable rental income. Each side features 2 bedrooms and 2 bathrooms on the main level, plus a versatile den/home office. Main-floor laundry adds day-to-day convenience, and each unit includes a spacious 2-car attached garage. One side has been thoughtfully upgraded with granite countertops and an enhanced kitchen, along with a nicely finished basement that offers a 3rd bedroom, a 3rd bathroom, a large family room, and a convenient kitchenette for guests, extended family, or additional living space.

    Located on a large corner lot at 246 & 258 E 12th Street, the property provides practical outdoor and parking amenities. A sprinkler system helps maintain the landscape, and extra parking pads add convenience for residents and visitors.

    This setup is a strong fit for investors seeking a duplex with room to market a differentiated, finished lower level, as well as multi-generational households who want the option to live in one unit while generating income from the other. With matching main-level layouts and one enhanced interior finish-up, the property supports a range of operating strategies while remaining straightforward to manage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    Wahoo
    County
    Saunders
    State
    Nebraska
    Longitude
    -96.618088
    Latitude
    41.216704

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    FAQs

    What type of property is this?
    Duplex - Well-maintained all-brick duplex with attached garages, flexible den space, and an upgraded unit with a finished basement.
    Where is this duplex located?
    The property is located at 246 & 258 E 12th Street Wahoo, NE.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: All‑brick ranch duplex built in 1978 with two 1,648 SF main‑level units; Each side includes a 2‑car attached garage and main‑floor laundry; Unit 258 E 12th features granite countertops, an enhanced kitchen, and a finished basement
    (402) 676-7013
    We can help!
    Listing Contact
    Tammy Bennett
    Real Estate License ID: 0940316
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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