Omaha Multifamily Investment
4430 Redman Ave, Omaha, NE 68111
Well-maintained, fully occupied 10-unit apartment building with value-add potential.
Type:Multifamily
Property size:
5,750 SFPrice / SF:
$95/SF- Added:
- Sep 10, 2025
- Days on Market:
- 254
- Last Refresh:
- Dec 28 at 7:57 pm
Property Features for 4430 Redman Ave
General Information
- Standard status
- Active
- Size
- 5,750 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1963
Listing agent Moss Withers License #262680 (919) 576-2501
Listing office (919) 576-2501
Listing date Sep 10, 2025
Source Lee-associates
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 Moss Withers
HighLights
- 100% Occupied with Significant Value‑Add Potential: Rents are well below market, presenting an immediate opportunity to increase cash flow.
- Well‑Maintained Property: Indicates minimal deferred maintenance and long‑term, responsible ownership.
- Strong Tenant Appeal: Quiet setting with walkable access to transit, shopping, and amenities ensures consistent rental demand.
- Excellent Location: Situated in a stable submarket of Northeast Omaha, close to schools, parks, and local businesses.
- Convenient Accessibility: Easy access to Sorensen Parkway, I‑680, and Eppley Airfield, with a short drive to downtown Omaha.
- Solid Construction: Built in 1963, the property features durable construction.
Overview
The property at 4430 Redman Avenue is a well-maintained, 10-unit multifamily building located in Northeast Omaha. Constructed in 1963 on a 0.38-acre lot, the property is currently 100% occupied. The existing rents are below market rates, presenting a value-add opportunity. The building features solid construction and off-street parking. Situated in a residential area south of Sorensen Parkway, the property is near schools, parks, and local businesses, with convenient access to the Florence, Minne Lusa, and Miller Park neighborhoods. Its location provides easy access to Sorensen Parkway, I-680, and Eppley Airfield, and is a 15-minute drive to downtown Omaha. Tenants benefit from the proximity to grocery stores, retail options, public transit stops, and green spaces. The property offers strong tenant appeal due to its quiet setting and walkable access to transit, shopping, and amenities. The building has been under long-term ownership and exhibits minimal deferred maintenance. The property size is 5750 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Idell Willis
Hotel & Motel
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Sarpy
- State
- Nebraska
- Longitude
- -95.9796616
- Latitude
- 41.3110831
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained, fully occupied 10-unit apartment building with value-add potential.
Where is this apartment building located?
The property is located at 4430 Redman Ave Omaha, NE.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 100% Occupied with Significant Value‑Add Potential: Rents are well below market, presenting an immediate opportunity to increase cash flow.; Well‑Maintained Property: Indicates minimal deferred maintenance and long‑term, responsible ownership.; Strong Tenant Appeal: Quiet setting with walkable access to transit, shopping, and amenities ensures consistent rental demand.
