1014 N 48th AVE, Omaha, NE 68132
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1014 N 48th AVE, Omaha, NE 68132
1014 N 48th AVE, Omaha, NE 68132
1014 N 48th AVE, Omaha, NE 68132
1014 N 48th AVE, Omaha, NE 68132
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Listed by Nick Gollin Nebraska Realty
$ 870,000
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1014 N 48th AVE Omaha, NE 68132

7 Beds

7 Baths

3,969 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,969 sqft

Price per Sqft $219

Subdivision Carthage Add

MLS Listing ID 22615434

Style Three Or More

Bedrooms 7

Full Baths 7

HOA Y/N No

Year Built 1965

Annual Tax Amount $8,728

Lot Size 0.299 Acres

Acres 0.2992

Lot Dimensions 98 x 133

Property Sub-Type Multi Family

Land Area 3969

Property Description

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.

Location

State NE

County Douglas

Area Douglas

Direction Follow GPS

Interior

Heating Natural Gas, Forced Air

Cooling Window Unit(s)

Fireplaces Number No

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features No Garage

Fence None

Roof Type Composition

Porch Covered Deck, Deck

Garage No

Building

Foundation Block

Lot Size Range 0.2992

Sewer Public Sewer

Water Public

Architectural Style Three Or More

Level or Stories Three Or More

Schools

Elementary Schools Harrison

Middle Schools Lewis And Clark

High Schools Central

School District Omaha

Others

Ownership Fee Simple


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David Matney

David Matney

Broker Associate | License ID: 20050665

+1(402) 490-6771

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1014 N 48th AVE