3344 & 3348 Larimore Ave, Omaha, NE 68111
Renovated eight-unit multifamily property with fully occupied, oversized two-bedroom units.
- Added:
- Jun 29, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 1 at 2:14 am
Property Features for 3344 & 3348 Larimore Ave
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1963
Listing office Lee & Associates Omaha Nebraska (404) 740-9458
Listing date Jun 29, 2026
Source Lee-associates
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HighLights
- 8‑unit multifamily property in Omaha, Nebraska built in 1963
- Extensive recent capital improvements include upgraded HVAC, plumbing, electrical, windows, roofing, and interior finishes
- Currently 100% occupied with average rents of about $883 per unit, below market
- Oversized 1,000‑SF two‑bedroom units
- Potential rent growth to a projected $1,100 per unit pro forma level
- 7.29% current cap rate and potential 10.23% pro forma cap rate
Overview
The building is currently 100% occupied, providing immediate income support from in-place tenants. The property’s unit mix and current occupancy profile may appeal to operators looking for steadier workforce housing characteristics, particularly where retention and durable day-to-day management matter.
For owner-operators and investors seeking a turn-key approach, the completed upgrades can help reduce near-term maintenance and capital expenditure risk compared to a building with deferred systems. With all eight units occupied and recently modernized interiors and building components, the property offers a practical platform for continued rental operations and straightforward management of a consistent two-bedroom product.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Sarpy
- State
- Nebraska
- Longitude
- -95.963358
- Latitude
- 41.3025399