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1014 N 48th Avenue

Omaha, NE 68132
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Bed 12

Bed

Bath 12

Bath

SqFt3,969

Sqft

SqFt13,034

Sqft(Lot)

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.

Detail Ic Property Details

Property Type : Residential Income

Price : $870,000

AD Id : 79980933

MLS Id : 22615434

Beds : 12

Lot Size : 13,034 Sqft

Living Area Size : 3,969

Year Built : 1965

County : Douglas

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Feature Features

  • Bathroom Information

    Total Baths: 12 Full Baths: 12

    Room Information

    Total Bedroom: 12
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Appliances: Range, Refrigerator
  • Heating & Cooling

    Heating: Natural Gas, Forced Air Cooling: Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1965 Construction Materials: Masonite, Brick/Other
  • Exterior Features

    Foundation Details: Block
    Porch: Covered Deck, Deck
  • Fencing

    None

  • Lot Information

    Lot Dimensions: 98 x 133 Lot Description: Over 1/4 up to 1/2 Acre, Corner Lot Lot Size Area: 13034 Lot Size Units: Square Feet Lot Square Feet: 13,034 Lot Acres: 0.2992 Main Square Feet: 13034

    Property Information

    Property Type: Residential Income Sub Type: Multi FamilySQ ft (Living Area): 3,969 Subdivision: CARTHAGE ADD

  • Listing Price Information

    Original Listing Price: $870000

  • Tax Information

    Parcel Number: 0752790002 Annual Tax: $8728

  • Parking Information

    Parking Total: 12 No Garage

  • Elementary School: Harrison
    Junior High School: Lewis and Clark
    Senior High School: Central
  • Location Information

    Direction: Follow GPS
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
825-827 N 47th Street, Omaha, NE, 68132 $390,000 4 2 1,872 1,872 SqFt
5022 Izard Street, Omaha, NE, 68132 $419,000 4 2 2,384 2,384 SqFt

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ByOwner last updated this listing 06/24/2026 @ 17:17

MLS: 22615434 LISTED BY: Nick Gollin, Nebraska Realty 402-491-0100 SOURCE: Great Plains Regional MLS

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