Brick Duplex with Attached
3606 Newport Avenue, Omaha, NE 68112
For Sale
New
$340,000
RESIDENTIAL, Raised Ranch, Omaha, NE
Property Size2,373 SF
Lot Size0.21 Acres
Price / SF$143.28
Days on Market2
Property Features for 3606 Newport Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Amenities
three-season porch
Building Details
Year built
Flooring type
Architectural style
Buildings
Listing Agency:
Better Homes and Gardens R.E. · Better Homes and Gardens Real Estate
(402) 932-5989
Listed By:
Jonie Sturek
(402) 305-8195
Added: Nov 6
Last Checked: Nov 7 at 11:06AM
MLS# 22631751
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.
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Investment Insights
Based on property information with market context.
This 2,373-square-foot ranch-style duplex was built in 1958 and has brick construction. Each residence has an attached garage, kitchen appliances, and wood flooring. The property also includes forced-air heating, central air, and a newer roof and HVAC system. A three-season porch serves the larger residence, with a patio and additional parking on the 0.21-acre lot.
Both units are currently rented, offering an existing residential income component.
Both units are currently rented, offering an existing residential income component.
Key Highlights
- Both sides are currently rented
- 2,373‑square‑foot duplex on a 0.21‑acre lot
- Brick ranch built in 1958
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,736
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,720
$414.7K
Cap Rate 7%
$296,229
$296.2K
Cap Rate 9%
$230,400
$230.4K
Market Conditions
NOI Build-Up for 2,373 SF
Gross rent
$31.9K $13.44/SF
− Vacancy
−$2.3K −$0.96/SF
EGI
$29.6K $12.48/SF
− OpEx
−$8.9K −$3.74/SF
NOI
$20.7K $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%
$414,720
Cap Rate 7%
$296,229
Cap Rate 9%
$230,400
Alternative Uses
Best Use
Multifamily LT 5
$296.2K
$259.2K – $345.6K
NOI $20,736 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$273.2K
$239.0K – $318.7K
NOI $19,123 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$624.3K
$546.3K – $728.4K
NOI $43,703 @ 7.0% cap · market cap 12.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
Business Placement
Demographics for 68112, NE
11,095
Population
4,560
Households
2.4
Avg Household Size
37
Median Age
25%
College-Educated
87%
High-School Grad
18.1 sq mi
ZIP Area
613
Density / Sq Mi
$57,692
Median Household Income
$39,592
Median Earnings
$1,123
Median Rent
$139,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Omaha, NE
Properties on Market for Duplexes in Omaha
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are currently leased, providing in-place rental income.
Where is this duplex located?
The property is located at 3606 Newport Avenue Omaha, NE.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Both sides are currently rented; 2,373‑square‑foot duplex on a 0.21‑acre lot; Brick ranch built in 1958
