Duplex with Updated
New
For Sale
$199,900
6808 N 30 Street, Omaha, NE 68104
Two leased residential units include a spacious main home and a rear ADU with select modern updates.
Property Size1,336 SF
Price / SF$149.63
Days on Market3
Property Features for 6808 N 30 Street
General Information
Standard status
Active
Size
1,336 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1922
Listing Agency:
Nebraska Lifestyles, LLC
Listed By:
Heidi Cline
(402) 350-9494
Source:
Tenaciousrealty
Added: Sep 5
Changed: Sep 6
Last Checked: Sep 7 at 7:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nebraska Lifestyles, LLC
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,325
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$246,500
$246.5K
Cap Rate 7%
$176,071
$176.1K
Cap Rate 9%
$136,944
$136.9K
Market Conditions
NOI Build-Up for 1,336 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $12,325 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$162.9K
$142.6K – $190.1K
NOI $11,404 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$466.1K
$407.8K – $543.8K
NOI $32,625 @ 7.0% cap · market cap 16.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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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
