117 S 38th Street, Omaha, NE 68131
Local realty services provided by:CENTURY 21 Century Real Estate
117 S 38th Street,Omaha, NE 68131
$425,000
- 5 Beds
- 4 Baths
- 2,485 sq. ft.
- Multi-family
- Active
Listed by: danielle altman
Office: bhhs ambassador real estate
MLS#:22618723
Source:NE_OABR
Price summary
- Price:$425,000
- Price per sq. ft.:$171.03
About this home
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.
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Home facts
- Year built:1904
- Listing ID #:22618723
- Added:1 day(s) ago
- Updated:July 02, 2026 at 08:41 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:2
- Rooms Total:12
- Living area:2,485 sq. ft.
Heating and cooling
- Cooling:Central Air, Heat Pump
- Heating:Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1904
- Building area:2,485 sq. ft.
- Lot Features:Alley, Up to 1/4 Acre
- Construction Materials:Stucco
- Exterior Features:Deck, Porch
- Foundation Description:Brick/Mortar
Schools
- High school:Central
- Middle school:Lewis and Clark
- Elementary school:Gifford Park
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$171.03
- Tax amount:$3,280 (2025)
Features and amenities
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:5
- Parking description:Detached
- Garage:Yes
- Garage spaces:2
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