Two-Unit Duplex with Walkout Lower
For Sale
$220,000
3076 S 34th Street, Omaha, NE 68105
Separate upper and lower living areas provide distinct layouts, with laundry facilities in both.
Property Size2,222 SF
Price / SF$99.01
Days on Market12
Property Features for 3076 S 34th Street
General Information
Standard status
Active
Size
2,222 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Hanscom Park Neighborhood Association
Units
Unit Mix
1 x 3BR/1BA, 1 x 1BR/0.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,611
Amenities
Walk-Out Access
true
2
false
6
Assessor
Chain Link
Up to 1/4 Acre.
Public
4960
40 x 124
0.1139
No Garage
Other
2222
Building Details
Building Size
2,222 SF
Year Built
1920
Buildings
1
Listing Agency:
Carmela Kramer Karni RE Broker
Listed By:
Carmela Kramer Karni
Source:
Dodgecountyrealtygroup
Added: Oct 20
Changed: Oct 28
Last Checked: Oct 31 at 3:55AM
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 Carmela Kramer Karni RE Broker
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Investment Insights
Based on property information with market context.
Built in 1920, this 2,222-square-foot duplex contains an upper residence and a lower walkout level. The upper unit has three bedrooms, one full bathroom, a living room, dining room, enclosed front patio and laundry room. The lower unit includes a non-conforming bedroom, half bathroom, private exterior entrance, laundry hookups and storage space.
The property is at 3076 S 34th Street in Omaha. The exterior includes front and rear yards with partial fencing, along with off-street parking. UNMC, Creighton University, downtown Omaha and bike trails are described as minutes away.
The property is at 3076 S 34th Street in Omaha. The exterior includes front and rear yards with partial fencing, along with off-street parking. UNMC, Creighton University, downtown Omaha and bike trails are described as minutes away.
Key Highlights
- Two‑unit duplex with 2,222 square feet; built in 1920
- Upper unit has 3 bedrooms, 1 full bathroom and a laundry room
- Lower walkout level has a non‑conforming bedroom, half bathroom and private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,416
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,320
$388.3K
Cap Rate 7%
$277,371
$277.4K
Cap Rate 9%
$215,733
$215.7K
Market Conditions
NOI Build-Up for 2,222 SF
Gross rent
$29.9K $13.44/SF
− Vacancy
−$2.1K −$0.96/SF
EGI
$27.7K $12.48/SF
− OpEx
−$8.3K −$3.74/SF
NOI
$19.4K $8.74/SF
Area
Omaha, NE
Vacancy
7.12%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,320
Cap Rate 7%
$277,371
Cap Rate 9%
$215,733
Alternative Uses
Best Use
Multifamily LT 5
$277.4K
$242.7K – $323.6K
NOI $19,416 @ 7.0% cap · market cap 8.83%
Second Best
Apartment 5plus
$255.8K
$223.8K – $298.4K
NOI $17,906 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$584.6K
$511.5K – $682.0K
NOI $40,922 @ 7.0% cap · market cap 18.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
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Business Placement
Demographics for 68105, NE
22,669
Population
10,633
Households
2.1
Avg Household Size
32
Median Age
35%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
6,297
Density / Sq Mi
$53,253
Median Household Income
$36,969
Median Earnings
$1,010
Median Rent
$187,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate upper and lower living areas provide distinct layouts, with laundry facilities in both.
Where is this duplex located?
The property is located at 3076 S 34th Street Omaha, NE.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,222 square feet; built in 1920; Upper unit has 3 bedrooms, 1 full bathroom and a laundry room; Lower walkout level has a non‑conforming bedroom, half bathroom and private entrance
