121 35Th Ave Omaha, NE 68131

Property Details for 121 35Th Ave

Year built

1915

Lot size

0.15 lot acres

Property size

2,772 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a meticulously maintained, two-building, three-unit apartment complex ideally situated in Omaha's vibrant Midtown neighborhood. Built in 1915, this property boasts a total of 2,772 square feet of net rentable space spread across two stories. The main unit offers one bedroom, two bathrooms, vaulted ceilings, a full basement, and a private deck accessible from a two-car garage. The two additional units each feature one bedroom and one bathroom, along with their own two-car garages and spacious basement areas. This property sits on a 0.15-acre lot, zoned R7, providing flexibility for future development or continued operation as a rental property. Its central location offers easy access to Blackstone District, Midtown Crossing, Downtown Omaha, Dundee, and Creighton University, further enhanced by its proximity to the Orbit bus stop. The asking price for this unique Mid-Century triplex is $465,000, presenting a compelling opportunity for investors seeking a strong return in a highly desirable area. The property's layout and amenities make it suitable for a variety of investment strategies, including owner-occupancy with rental income from the other units or a fully leveraged short-term rental approach. This is a rare chance to acquire a well-maintained, historically significant property in a rapidly appreciating market.