1014 N 48th Avenue, Omaha, NE 68132 (MLS # 22615434)
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Fully occupied 12-unit building in a high-demand corridor near Dundee, Blackstone, and UNMC. All units are 1-bed/1-bath with rents currently below market, offering immediate upside and stronger cap-rate potential. Major capital improvements already completed, including over $155,000 in new stairs and balconies (2023) and more than $60,000 in concrete work from 2017-2024. Private parking lot for all tenants. Basement includes existing hookups for a paid laundry setup, creating an additional revenue opportunity. Well-maintained, owner-operated asset since 2001 with stable performance and clear value-add pathways. AMA Buyer to Verify Schools.
| LAST UPDATED | 6/3/2026 | TRACT | CARTHAGE ADD |
|---|---|---|---|
| YEAR BUILT | 1965 | COMMUNITY | Douglas |
| COUNTY | Douglas | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Harrison |
|---|---|
| Jr. High School | Lewis and Clark |
| High School | Central |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range, Refrigerator |
| AREA | Douglas |
| BASEMENT | Yes |
| CONSTRUCTION | Brick, Masonite |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.2992 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 98 x 133 |
| PARKING | No Garage |
| SEWER | Public Sewer |
| STORIES | 3+ |
| SUBDIVISION | CARTHAGE ADD |
| TAXES | 8728 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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