Bought with Jenna Johnson Dreamvesting
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117 S 38th ST Omaha, NE 68131
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Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,485 sqft
Price per Sqft $171
Subdivision Jerome Park
MLS Listing ID 22618723
Sold Date 08/18/26
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1904
Annual Tax Amount $3,280
Lot Size 6,682 Sqft
Acres 0.1534
Lot Dimensions 40 x 167
Property Sub-Type Multi Family
Land Area 2485
Property Description
Excellent Investment Opportunity in Midtown's Blackstone District! Don't miss this 4-unit multi-family property located in the heart of the highly desirable Blackstone neighborhood. Just steps from popular shops, restaurants, & entertainment, the property also benefits from the upcoming streetcar line to the South that will provide convenient access to Downtown. Current 2026 rental income includes units leased at $1,450, $1,080, and $960 per month, with the fourth unit currently vacant, offering immediate value-add potential and the opportunity to increase cash flow. All appliances are included with the sale. Whether you're looking to expand your portfolio or begin investing in a prime Midtown location, this property offers strong income potential and excellent long-term upside! Please Note: some listing photos were taken when the property was previously vacant and may not reflect current occupancy.
Location
State NE
County Douglas
Area Douglas
Direction 38th St and Dodge St. South to home.
Interior
Heating Natural Gas, Electric, Heat Pump
Cooling Central Air, Heat Pump
Fireplaces Number No
Fireplace No
Appliance Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer, Dryer
Exterior
Parking Features Detached
Garage Spaces 2.0
Fence None
Roof Type Composition
Porch Porch, Deck
Garage Yes
Building
Foundation Brick/Mortar
Lot Size Range 0.1534
Sewer Septic Tank
Water Public
Schools
Elementary Schools Gifford Park
Middle Schools Lewis And Clark
High Schools Central
School District Omaha
Others
Ownership Fee Simple
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NEARBY SCHOOLS & BUSINESSES
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