3913 Farnam St Omaha, NE 68131

This exceptional 4-unit apartment building presents a compelling value-add investment opportunity in Omaha's desirable Blackstone District. Located at 3913 Farnam St, this 1912-built, two-story building boasts 8,304 square feet situated on a 6,486 square foot lot. Completely renovated in 2017, the property currently enjoys 100% occupancy, generating a pro-forma NOI of $86,577 and a pro-forma cap rate of 7.91%. Each of the four units offers four bedrooms, providing substantial rental income. The asking price is $1,095,000, translating to $131.86 per square foot and $273,750 per unit. The property's prime location offers unmatched connectivity to Blackstone, UNMC, and Midtown Crossing, and is directly adjacent to the future streetcar line. Omaha's strong multifamily market, with leading annual rent growth, further enhances the investment potential. The permitted zoning is NBD-ACI-1(PL). This property is ideally suited for an investor seeking strong cash flow and significant upside potential through further value-add improvements. The building's historic charm combined with its modern updates creates a highly desirable rental property in a vibrant and rapidly appreciating neighborhood.