Building Details

Construction all-brick

Listing Agency: PJ Morgan Real Estate Show Phone

Listed By: Regi Powell · License #20180415 Show Phone

Source: Exprealty

Added: Oct 7 Changed: Oct 13 Last Checked: Oct 15 at 2:06AM

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Investment Insights

Based on property information with market context.

This six-unit apartment property is built of brick and contains six one-bedroom, one-bath residences. Most units received updates within the past three years. Tenants pay their own electricity, while gas, water, and sewer costs are covered through utility reimbursements.

The property is at 608 S 32nd Ave in Omaha, near the Blackstone District. Dining, entertainment, employment centers, and major transportation corridors are nearby.

Key Highlights

• Six 1‑bedroom, 1‑bath units
• All‑brick construction
• Most units updated within the past three years

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Kitchen & Bath Showroom Catering Service Plumbing Service

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

6

Residential units

Location Intelligence

Trade Area within ½ mile

1,403

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

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?

Multifamily property - Six one-bedroom apartments feature tenant-paid electricity and utility reimbursements for gas, water, and sewer.

Where is this multifamily property located?

The property is located at 608 S 32nd Ave Omaha, NE.

What is the asking price?

The asking price for this property is $540,000.

What are key features of this property?

This property features: Six 1‑bedroom, 1‑bath units; All‑brick construction; Most units updated within the past three years