401 S 38th Avenue, Omaha, NE 68131 (MLS # 22513246)
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Historic 6-Plex Near Blackstone & Nebraska Medicine Own a piece of Omaha history at 401 S 38th Ave, just one block from the Blackstone District and future free Omaha Streetcar line. Built by Louis Kirschbraun of Kirschbraun & Sons Creamery, this home is on the National Register of Historic Places and has been converted into 6 rental units: -4 one-bed, one-bath apartments- -2 studio units- Rents are below market, offering upside through updates or repositioning. Steps from Nebraska Medicine, UNMC, and Midtown Crossing, the location is ideal for both long-term tenants and short-term rental potential. With strong walkability and high demand, this is a rare opportunity to increase income through Airbnb or traditional leasing in a prime urban setting. Don't miss your chance to invest in one of Omaha's most historic and walkable areas!
| LAST UPDATED | 9/8/2025 | TRACT | Highland Place |
|---|---|---|---|
| YEAR BUILT | 1910 | COMMUNITY | Douglas |
| COUNTY | Douglas | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Beals |
|---|---|
| Jr. High School | Norris |
| High School | Buena Vista |
| ADDITIONAL DETAILS | |
| AREA | Douglas |
|---|---|
| BASEMENT | Yes |
| HEAT | Natural Gas, Radiant |
| LOT | 8263 sq ft |
| LOT DIMENSIONS | 95 x 87 |
| PARKING | No Garage |
| SEWER | Public Sewer |
| STORIES | 3+ |
| SUBDIVISION | Highland Place |
| TAXES | 7795.96 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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