Listing Agency: NAI NP Dodge m***@npdodge.com Show Phone

Listed By: Maddie Duggan · License #NE 20181180

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:46AM

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Investment Insights

Based on property information with market context.

Orpheum Tower is an apartment building containing 132 units. The multifamily property is located at 405 S 16th St in Omaha, Nebraska 68102.

Key Highlights

• 132‑unit apartment building
• Orpheum Tower property name
• Located at 405 S 16th St, Omaha, NE 68102

Property Analytics

Property Profile

Current Use

Orpheum Tower Real Estate Agency Creative High Magazine Newspaper & Magazine Christopher N. Geary's ... Training Center Sovereign Apps Marketing & Advertising

Suggested Use

Top Pick Locksmith Butcher (Bike/Boat/Book/etc) Store Pet Store & Service Grocery & Convenience Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

132

Residential units

Location Intelligence

Trade Area within ½ mile

3,327

Businesses Nearby

Explore this area Business Placement

Demographics for 68102, NE

9,130

Population

5,922

Households

1.5

Avg Household Size

33

Median Age

51%

College-Educated

93%

High-School Grad

1.8 sq mi

ZIP Area

5,072

Density / Sq Mi

$60,525

Median Household Income

$46,309

Median Earnings

$1,242

Median Rent

$350,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily apartment property in Omaha’s 68102 ZIP code.

Where is this apartment building located?

The property is located at 405 S 16th St Omaha, NE.

What are key features of this property?

This property features: 132‑unit apartment building; Orpheum Tower property name; Located at 405 S 16th St, Omaha, NE 68102