Building Details

Year Built 1922

Listing Agency: Np Dodge Re Sales Inc 148Dodge Show Phone

Listed By: Heidi Cline Show Phone

Source: Tenaciousrealty

Added: Sep 5 Changed: Oct 15 Last Checked: Oct 14 at 11:27PM

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Investment Insights

Based on property information with market context.

This 1922 duplex property includes a primary residence and an accessory dwelling unit positioned behind the main home. The 1,336-square-foot property retains original woodwork and wood flooring throughout the primary residence, while the rear ADU incorporates updates with a more contemporary interior finish. Both units are currently leased, providing an existing two-unit configuration for an owner or investor.

Located at 6808 N 30 Street in Omaha, the property combines a traditional main house with a separate rear living space. The ADU offers substantial interior room, complementing the larger primary residence and expanding the property's residential income layout.

Key Highlights

• Two leased residential units: a main house and rear ADU
• 1,336 square feet of property size
• 1922 construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$12,325

Cap Rate

6.17%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$246,500 $246.5K

Cap Rate 7%

$176,071 $176.1K

Cap Rate 9%

$136,944 $136.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,336 SF

Gross rent

$18.4K $13.80/SF

− Vacancy

−$830 −$0.62/SF

EGI

$17.6K $13.18/SF

− OpEx

−$5.3K −$3.95/SF

NOI

$12.3K $9.23/SF

Area

ZIP 68104

Vacancy

4.50%

Lease Rate

$13.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$246,500

Cap Rate 7%

$176,071

Cap Rate 9%

$136,944

Alternative Uses

Best Use

Multifamily LT 5

$176.1K

$154.1K – $205.4K (±1% cap)

NOI $12,325 @ 7.0% cap · market cap 6.17%

Second Best

Apartment 5plus

$162.9K

$142.6K – $190.1K (±1% cap)

NOI $11,404 @ 7.0% cap · market cap 5.70%

Theoretical Best

Office A

$466.1K

$407.8K – $543.8K (±1% cap)

NOI $32,625 @ 7.0% cap · market cap 16.32%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Building Supply

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

273

Businesses Nearby

Explore this area Business Placement

Demographics for 68104, NE

36,706

Population

16,330

Households

2.2

Avg Household Size

34

Median Age

31%

College-Educated

84%

High-School Grad

6.6 sq mi

ZIP Area

5,562

Density / Sq Mi

$57,488

Median Household Income

$38,703

Median Earnings

$1,049

Median Rent

$157,700

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?

Duplex - Two leased residential units include a spacious main home and a rear ADU with select modern updates.

Where is this duplex located?

The property is located at 6808 N 30 Street Omaha, NE.

What is the asking price?

The asking price for this property is $199,900.

What are key features of this property?

This property features: Two leased residential units: a main house and rear ADU; 1,336 square feet of property size; 1922 construction