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6-Unit Brick Apartment Building
New
For Sale
$540,000

608 S 32nd Avenue, Omaha, NE 68105

MULTIFAMILY, Omaha, NE

Property SizeContact for details
Days on Market3

Property Features for 608 S 32nd Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Basement, Bathroom 2, Bedroom 2, Bedroom 1
Appliances Range, Refrigerator
Subdivision REDICKS -WA- 2ND Addition
Elementary school Jackson
Middle school Norris
High school Central
Elementary school district Omaha
Middle school district Omaha
High school district Omaha
Directions Located South of Turner Blvd on 32nd Avenue
Standard status Active
APN 2105530001

Taxes and HOA fees

Tax Year 2025
Tax Description The South 46 feet of Lot Three (3), Block Three (3) in REDICKS -WA- 2ND Addition, an Addition to the City of Omaha, in Douglas County, Nebraska
Tax Annual Amount 5837
Legal Description The South 46 feet of Lot Three (3), Block Three (3) in REDICKS -WA- 2ND Addition, an Addition to the City of Omaha, in Douglas County, Nebraska

Utilities

Heating system Steam

Building Details

Year built 1923
Number of units 6
Roof type Composition
Listing Agency: PJ Morgan Real Estate
Listed By: Regi Powell · License #20180415
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 8 at 2:06PM
MLS# 22628926

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.

Investment Insights

Based on property information with market context.

At 608 S 32nd Avenue in Omaha, this brick apartment property contains six units, each with one bedroom and one bathroom. The building dates to 1923 and includes a basement, steam heating, a composition roof, and range and refrigerator appliances. Most units received updates within the past three years.

Residents pay their own electricity, while gas, water, and sewer costs are handled through utility reimbursements. The property is near Omaha’s Blackstone District.

Key Highlights

  • Six apartments, each with one bedroom and one bathroom
  • Most units updated within the past three years
  • Tenants pay electricity; gas, water, and sewer are covered through utility reimbursements

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

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six one-bedroom, one-bath residences are supported by steam heat and a utility reimbursement arrangement.
Where is this apartment building located?
The property is located at 608 S 32nd Avenue 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 apartments, each with one bedroom and one bathroom; Most units updated within the past three years; Tenants pay electricity; gas, water, and sewer are covered through utility reimbursements
More about this property
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