10-Unit Brick Apartment
New
For Sale
$1,195,000
406 N 49 Street, Omaha, NE 68132
MULTIFAMILY, Omaha, NE
Property SizeContact for details
Days on Market2
Property Features for 406 N 49 Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bathroom 3
Parking
6
Parking features
Off Street, Garage - Attached
Interior features
Laundry Facilities
Appliances
Dryer, Range, Refrigerator, Washer
Subdivision
Dundee Place
Elementary school
Dundee
Middle school
Lewis and Clark
High school
Central
Elementary school district
Omaha
Middle school district
Omaha
High school district
Omaha
Standard status
Active
APN
0951930000
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
electricity, gas
Taxes and HOA fees
Tax Year
2025
Tax Description
DUNDEE PLACE LOT 24 BLOCK 113 LTS 23 & 100 X 135
Tax Annual Amount
12397
Legal Description
DUNDEE PLACE LOT 24 BLOCK 113 LTS 23 & 100 X 135
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
laundry on site
Building Details
Year built
1940
Number of units
10
Buildings
2
Listing Agency:
Better Homes and Gardens R.E. · Better Homes and Gardens Real Estate
(402) 932-5989
Listed By:
Lisa Marie Pringle
(402) 660-9078
Added: Nov 2
Changed: Nov 3
Last Checked: Nov 3 at 6:06PM
MLS# 22631435
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 10-unit apartment property comprises two brick buildings constructed in 1940. Eight apartments have two bedrooms and two bathrooms; the remaining two each include one bedroom and one bathroom. Shared laundry is available on site, and the property includes five garages and one surface parking space. Each apartment has separate electric metering, while gas is individually metered in the two-bedroom units. Water and sewer costs are billed back to residents.
Exterior work includes a roof replacement in 2018 and completed tuck-pointing and brick repairs in 2026. Shops and restaurants along Underwood Avenue are within walking distance.
Exterior work includes a roof replacement in 2018 and completed tuck-pointing and brick repairs in 2026. Shops and restaurants along Underwood Avenue are within walking distance.
Key Highlights
- 10 apartments across two brick buildings dating to 1940
- Eight 2‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units
- Roof replaced in 2018; tuck‑pointing and brickwork completed in 2026
Property Analytics
Who owns this building?
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Lease Details
10
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,526
Businesses Nearby
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Business Placement
Demographics for 68132, NE
13,729
Population
6,856
Households
2
Avg Household Size
35
Median Age
63%
College-Educated
94%
High-School Grad
2.6 sq mi
ZIP Area
5,280
Density / Sq Mi
$81,556
Median Household Income
$51,430
Median Earnings
$979
Median Rent
$324,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Two residential buildings provide a varied unit mix and shared laundry facilities.
Where is this apartment building located?
The property is located at 406 N 49 Street Omaha, NE.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 10 apartments across two brick buildings dating to 1940; Eight 2‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units; Roof replaced in 2018; tuck‑pointing and brickwork completed in 2026
