Three-Unit Triplex with In-Unit
519 S 34 Street, Omaha, NE 68105
For Sale
$415,000
RESIDENTIAL, 2 Story, Omaha, NE
Property Size3,124 SF
Lot Size0.11 Acres
Price / SF$132.84
Days on Market60
Property Features for 519 S 34 Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch 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
in-unit washer/dryer
Building Details
Year built
Floors in Building
Architectural style
Listing Agency:
BHHS Ambassador Real Estate · Berkshire Hathaway HomeServices
(402) 493-4663
Listed By:
Ryan Hines
(402) 630-8916
Added: Sep 16
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 22626742
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,124-square-foot triplex contains three separate residential units with in-unit washer and dryer appliances. The layout includes a 2BR basement apartment, a 3BR/1BA main-level unit, and a 4BR/2BA upper-level unit. Built in 1915, the property also features a porch, central air conditioning, and radiant heat. Parking includes off-street spaces and a detached garage.
Located at 519 S 34 Street in Omaha, the property occupies a 0.11-acre lot. Two units are currently occupied, while the third is vacant, providing a three-unit configuration for residential income use or an owner-occupancy arrangement.
Located at 519 S 34 Street in Omaha, the property occupies a 0.11-acre lot. Two units are currently occupied, while the third is vacant, providing a three-unit configuration for residential income use or an owner-occupancy arrangement.
Key Highlights
- 3,124 square feet across three residential units
- Unit mix includes 2BR basement, 3BR/1BA main‑floor, and 4BR/2BA upper‑level units
- In‑unit washer and dryer appliances in all three units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,298
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,960
$546.0K
Cap Rate 7%
$389,971
$390.0K
Cap Rate 9%
$303,311
$303.3K
Market Conditions
NOI Build-Up for 3,124 SF
Gross rent
$42.0K $13.44/SF
− Vacancy
−$3.0K −$0.96/SF
EGI
$39.0K $12.48/SF
− OpEx
−$11.7K −$3.74/SF
NOI
$27.3K $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%
$545,960
Cap Rate 7%
$389,971
Cap Rate 9%
$303,311
Alternative Uses
Best Use
Multifamily LT 5
$390.0K
$341.2K – $455.0K
NOI $27,298 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$359.6K
$314.7K – $419.6K
NOI $25,175 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$821.9K
$719.2K – $958.9K
NOI $57,534 @ 7.0% cap · market cap 13.86%
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
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,609
Businesses Nearby
Explore this area
Business Placement
Demographics for 68105, NE
22,669
Population
10,633
Households
2.1
Avg Household Size
32
Median Age
35%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
6,297
Density / Sq Mi
$53,253
Median Household Income
$36,969
Median Earnings
$1,010
Median Rent
$187,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with central air, radiant heat, and detached garage parking.
Where is this triplex located?
The property is located at 519 S 34 Street Omaha, NE.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 3,124 square feet across three residential units; Unit mix includes 2BR basement, 3BR/1BA main‑floor, and 4BR/2BA upper‑level units; In‑unit washer and dryer appliances in all three units
