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Colin Riggins

colin.riggins@nebraskarealty.com +1(402) 968-0459

Listed by Danielle Altman BHHS Ambassador Real Estate

$ 425,000

Est. payment -/mo

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117 S 38th ST Omaha, NE 68131

5 Beds

4 Baths

2,485 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,485 sqft

Price per Sqft $171

Subdivision Jerome Park

MLS Listing ID 22616207

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

NEARBY SCHOOLS & PROPERTIES

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Colin Riggins

Agent | License ID: 20220368

+1(402) 968-0459 | colin.riggins@nebraskarealty.com

Colin Riggins

117 S 38th ST Omaha, NE 68131

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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117 S 38th ST