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1014 N 48th Avenue

Omaha, NE 68132
  • $870,000
  • STATUS: Active
  • MLS #: 22615434
$870,000
  • 7
    BEDS
  • 0.3
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 3,969
    SQFT
  • $219
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

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.

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Listing information © 2026 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Jennifer Stai | Nebraska Realty. Data last updated 2026-06-15T23:33:32.667.
www.lincolnnehomesearch.com/homes/177195687
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1014 N 48th Avenue Omaha, NE 68132

  • Price: $870,000
  • Status: Active
  • On Site: Days
  • MLS #: 22615434
7
Beds
7
Baths
0
½ Baths
0.3
Acres
3,969
SQFT
$219
$/SQFT
1965
Built
Neighborhood:
Carthage Add
County:
Douglas
Area:
Douglas
Elementary School:
Harrison
Middle School:
Lewis And Clark
High School:
Central
School District:
Omaha
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.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials MasoniteBrick/Other Covered Spaces 0 Fencing None Foundation Details Block Garage YN No Lot Features Over 1/4 up to 1/2 AcreCorner Lot Parking Features No Garage Parking Total 12 Patio And Porch Features Covered DeckDeck Roof Composition

Interior Features

Appliances RangeRefrigerator Basement YN Yes Bathrooms Full 7 Building Area Total 3969 Cooling Window Unit(s) Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Natural GasForced Air Heating YN Yes Levels Three Or More Rooms Total 21

Property Features

Association YN No Listing Terms CashConventional Maintenance Expense 6360 Manager Expense 0 New Construction YN No Ownership Fee Simple Property Condition Not New and NOT a Model Property Sub Type Multi Family REO NO Sewer Public Sewer Tax Annual Amount 8728 Tax Year 2025 Total Actual Rent 4325 Water Source Public

Listing information © 2026 Great Plains Regional MLS.
Listing provided by Nick Gollin of Nebraska Realty: .


Listing information © 2026 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Jennifer Stai | Nebraska Realty. Data last updated 2026-06-15T23:33:32.667.
 
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Jennifer Stai | Nebraska Realty
7321 Plaza Ct
Lincoln NE, 68516