Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
12 Beds
12 Baths
3,969 sqft

$870,000

1014 N 48th Avenue, Omaha NE, 68132

Price per sqft$219.20
Built in1965
Property size3,969 sqft
Property typeMulti-family

Overview

Active

Listed Jun 3, 2026

Updated Aug 4

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.

$5,788/mo

Est. mortgage payment based on a $870,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22615434

Interior Features

Bedrooms
12
Bathrooms
12
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.3 Acres

Other Property Details

Taxes
$8,728
Tax Frequency
Annually
Maintenance Expense
$6,360

Listed by Nick Gollin, Nebraska Realty, 402-491-0100

Based on information from Great Plains Regional MLS, Inc. as of 8/4/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Great Plains Regional MLS. All rights reserved.

Data last updated 5:06 AM UTC, 8/4/2026

 

Powered by Luxury Presence