Two-Story
5628 Pierce Street, Omaha, NE 68106
For Sale
New
$310,000
RESIDENTIAL, 2 Story, Omaha, NE
Property Size1,920 SF
Lot Size0.12 Acres
Price / SF$161.46
Days on Market2
Property Features for 5628 Pierce Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Fireplace
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Roof type
Architectural style
Listing Agency:
BHHS Ambassador Real Estate · Berkshire Hathaway HomeServices
(402) 493-4663
Listed By:
Bryce Penke
(402) 578-9006
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 8:06PM
MLS# 22632360
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 1,920-square-foot duplex, built in 1926, has two stories, 3 bedrooms, 2 bathrooms, and two full kitchens. Separate metering, a porch, central air, and forced-air heat are among its features. The property is being sold as-is.
The 0.12-acre parcel includes a detached garage and off-street parking. Aksarben Village, Elmwood Park, and Dundee are identified as nearby, with interstate access also noted.
The 0.12-acre parcel includes a detached garage and off-street parking. Aksarben Village, Elmwood Park, and Dundee are identified as nearby, with interstate access also noted.
Key Highlights
- Two full kitchens and separate metering
- 1,920 square feet on a 0.12‑acre lot
- 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,777
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,540
$335.5K
Cap Rate 7%
$239,671
$239.7K
Cap Rate 9%
$186,411
$186.4K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$25.8K $13.44/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$24.0K $12.48/SF
− OpEx
−$7.2K −$3.74/SF
NOI
$16.8K $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%
$335,540
Cap Rate 7%
$239,671
Cap Rate 9%
$186,411
Alternative Uses
Best Use
Multifamily LT 5
$239.7K
$209.7K – $279.6K
NOI $16,777 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$221.0K
$193.4K – $257.9K
NOI $15,473 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$505.1K
$442.0K – $589.3K
NOI $35,360 @ 7.0% cap · market cap 11.41%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
Explore this area
Business Placement
Demographics for 68106, NE
21,871
Population
10,935
Households
2
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
5.2 sq mi
ZIP Area
4,206
Density / Sq Mi
$70,649
Median Household Income
$46,958
Median Earnings
$1,234
Median Rent
$202,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Two full kitchens and separate metering provide distinct features within this 3-bedroom, 2-bathroom property.
Where is this duplex located?
The property is located at 5628 Pierce Street Omaha, NE.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Two full kitchens and separate metering; 1,920 square feet on a 0.12‑acre lot; 3 bedrooms and 2 bathrooms
