2501 Poppleton Ave Omaha, NE 68105
- Residential income homes
- 2,503 SF
- 0.09 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 2501 Poppleton Ave
- Year built
- 1916
- Lot size
- 0.09 lot acres
- Property size
- 2,503 SF
- Property type
- Residential income homes
Description
This Omaha, Nebraska multifamily property, located at 2501 Poppleton Ave, 68105, presents a compelling investment opportunity. The property is a well-maintained four-unit building, converted from a single-family home, offering 2,503 square feet of net rentable space on a 0.09-acre lot (4,235 square feet). Built in 1916, the two-story building features a detached two-car garage and on-street parking, addressing tenant parking needs. The property boasts a strong 7.38% cap rate and a price per unit of $70,000, making it an attractive addition to any portfolio. The asking price is $280,000, with a price per square foot of $111.87. The property is zoned R7 (Medium-Density Multiple-Family Residential District), allowing for flexibility. The building benefits from consistent tenant occupancy and features on-site coin-operated laundry, along with utility bill back for added income potential. 2023 property taxes were $3,495.94. This stabilized investment offers a solid return and a desirable location in Omaha. The property's strong rental history and convenient location make it an ideal investment for both seasoned and new investors seeking a stable, income-generating asset.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -95.948452581001
- Latitude
- 41.247006605027
