5125 Marshall Dr, Omaha, NE 68137

This exceptional Omaha, Nebraska multifamily property presents a compelling investment opportunity. Located at 5125 Marshall Dr, in Douglas County (zip code 68137), this fee-simple, two-story apartment building boasts four units within a single building, totaling 2,800 net rentable square feet on a 0.18-acre lot. Built in 1962 and extensively renovated in 2022, the property features a new roof and windows, fresh exterior paint, and updated landscaping. Each unit includes in-unit washer/dryer hookups and private entry, and there is ample parking (1.75 spaces per unit). Currently operating at 100% occupancy, the property generates a strong net operating income (NOI) of $26,567, with a pro-forma NOI of $31,180, representing a 4.97% current cap rate and a projected 5.83% pro-forma cap rate. The asking price is $535,000 ($133,750 per unit and $181.23 per square foot). The property is zoned R6 and benefits from its convenient location near the Millard Avenue and Q Street interchange, providing easy access to major retailers and employment centers. The all-electric building offers potential for increased revenue through utility recapture fees and standard rental increases. One unit presents a significant opportunity for lease upgrade potential, adding further value to this stabilized investment.