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1014 N 48th Avenue, Omaha, NE 68132

Omaha
Local realty services provided by:CENTURY 21 Century Real Estate
1014 N 48th Avenue,Omaha, NE 68132
$870,000
  • 12 Beds
  • 12 Baths
  • 3,969 sq. ft.
  • Multi-family
  • Active
Listed by: nick gollin
Office: nebraska realty
MLS#:22615434
Source:NE_OABR

Price summary

  • Price:$870,000
  • Price per sq. ft.:$219.2

About this home

CONTRACT PENDING. 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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Home facts

  • Year built:1965
  • Subdivision & Development:CARTHAGE ADD
  • Listing ID #:22615434
  • Added:99 day(s) ago
  • Updated:September 10, 2026 at 02:32 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:12
  • Full bathrooms:12
  • Rooms Total:21
  • Living area:3,969 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1965
  • Building area:3,969 sq. ft.
  • Lot Features:Corner Lot, Over 1/4 up to 1/2 Acre
  • Construction Materials:Brick/Other
  • Exterior Features:Covered Deck, Deck
  • Foundation Description:Block
  • Levels:3+ Stories

Schools

  • High school:Central
  • Middle school:Lewis and Clark
  • Elementary school:Harrison

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$870,000
  • Price per sq. ft.:$219.2
  • Tax amount:$8,728 (2025)

Parking

  • Total parking spaces:12
  • Parking description:No Garage

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