121 S 25th Street, Omaha, NE 68131 (MLS # 22525621)
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Fifth Avenue Apartments | 121 S 25th St, Omaha, NE 68131 Class C mid-rise (1920/1987 conversion) | 31 units (4 studios, 16 1-beds, 10 2-beds, 1 3-bed) | 43 parking stalls | 0.56 acres Rentable area: 16,130 SF | Gross area: 22,746 SF Roof & gutters replaced 2022 | Major systems updated 1987 | 14 units renovated in past 4 yrs (LVP flooring, lighting, modern kitchens/baths) Safety: exit signage, exterior fire escape, fire alarm, pull stations, hardwired smokes Elevator pump motor (2022) & starter (2025) replaced | 19+ HVAC systems replaced past 3 yrs | ADA phone added 2022 | some updated hallways Built 1916 | Former hospital (1916-22) & hotel (1928-84) | Converted to apartments 1987 Includes parcels: 2504 & 2424 Douglas St The Omaha-Council Bluffs-MSA boasts one of the nation's lowest unemployment rates at 3.4% as of July 2025, supported by a long track record of consistent economic expansion and population growth. Occupancy rate: ~ 97% Capitalization rate: 6.48%
| LAST UPDATED | 9/9/2025 | TRACT | Henry & Sheltons Addition |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Douglas |
| COUNTY | Douglas | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Liberty |
|---|---|
| Jr. High School | Norris |
| High School | Central |
| ADDITIONAL DETAILS | |
| AREA | Douglas |
|---|---|
| BASEMENT | Walk-Out Access, Yes |
| HEAT | Electric, Forced Air |
| LOT | 0.56 acre(s) |
| LOT DIMENSIONS | 0.56 |
| PARKING | No Garage |
| SEWER | Public Sewer |
| SUBDIVISION | Henry & Sheltons Addition |
| TAXES | 39887 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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