102 N 38th Avenue, Omaha, NE 68131

Omaha
Local realty services provided by:Better Homes and Gardens Real Estate The Good Life Group
102 N 38th Avenue,Omaha, NE 68131
$299,000
  • 5 Beds
  • 5 Baths
  • 3,453 sq. ft.
  • Multi-family
  • Active
Listed by: josh kolbo
Office: realty one group sterling
MLS#:22632162
Source:NE_OABR

Price summary

  • Price:$299,000
  • Price per sq. ft.:$86.59

About this home

5 Plex priced at less than $60k a door in Omaha’s Joslyn Castle / Midtown area. Under rented units leave big opportunity to increase the income from day 1 for 1 unit, other 4 units can be raised or re-leased in 2027. Built in 1900 and zoned CC. All units are 1 bed / 1 bath. Four units are currently leased with leases into 2027; one unit vacant currently on hold to allow for showings. Current in-place base rent is $2,690 per month; market rent for all five units is on average about ~$800 or ~$4,000 total. On-site laundry. Located near Blackstone, Dundee, and downtown. Units have been updated, there exterior could use some repairs. This would make a great investment, 1031 exchange, or tax write off before year end. Do not disturb tenants — showings by appointment. All facts and measurements approximate, please independently verify.

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Home facts

  • Year built:1900
  • Subdivision & Development:Crescent Park
  • Listing ID #:22632162
  • Added:1 day(s) ago
  • Updated:November 13, 2026 at 04:13 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:1
  • Living area:3,453 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Building area:3,453 sq. ft.
  • Lot Features:Up to 1/4 Acre

Schools

  • High school:Central
  • Middle school:Lewis and Clark
  • Elementary school:Gifford Park

Utilities

  • Water:Private, Public

Finances and disclosures

  • Price:$299,000
  • Price per sq. ft.:$86.59
  • Tax amount:$4,421 (2026)

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