4904 Underwood Ave Omaha, NE 68132

This exceptional investment opportunity presents a portfolio of three single-family homes situated on two parcels totaling 0.39 acres in Omaha, Nebraska's desirable Historic Dundee Business District. Located at 4904, 4906, and 4908 Underwood Avenue, this property boasts 5,588 square feet and benefits from alley access. Currently leased month-to-month as single-family rentals, the properties offer significant upside potential. The NBD-NCE-C zoning permits a variety of commercial uses, eliminating the need for parking, making it ideal for adaptive reuse. The location within the Historic Dundee Business District, a Community Redevelopment Area (CRA), provides access to exceptional demographics and is within 1.5 miles of the University of Nebraska Medical Center, a significant driver of ongoing development and investment. This rare portfolio sale presents a unique chance to acquire a strategically positioned asset with substantial potential for future growth and value appreciation. The asking price is $1,249,000. Don't miss this chance to capitalize on this once-in-a-generation opportunity in a thriving Omaha neighborhood.