121 S 25th Street, Omaha, NE 68131

Local realty services provided by:Better Homes and Gardens Real Estate The Good Life Group
121 S 25th Street,Omaha, NE 68131
$2,695,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: stephen ward
Office: exceptional properties group
MLS#:22525621
Source:NE_OABR

Price summary

  • Price:$2,695,000

About this home

Fifth Avenue Apartments | 121 S 25th St, Omaha, NE 68131 Class C mid-rise (1920/1987 conversion) | 31 units (4 studios, 16 1-beds, 10 2-beds, 1 3-bed) | 43 parking stalls | 0.56 acres Rentable area: 16,130 SF | Gross area: 22,746 SF Roof & gutters replaced 2022 | Major systems updated 1987 | 14 units renovated in past 4 yrs (LVP flooring, lighting, modern kitchens/baths) Safety: exit signage, exterior fire escape, fire alarm, pull stations, hardwired smokes Elevator pump motor (2022) & starter (2025) replaced | 19+ HVAC systems replaced past 3 yrs | ADA phone added 2022 | some updated hallways Built 1916 | Former hospital (1916–22) & hotel (1928–84) | Converted to apartments 1987 Includes parcels: 2504 & 2424 Douglas St The Omaha-Council Bluffs-MSA boasts one of the nation’s lowest unemployment rates at 3.4% as of July 2025, supported by a long track record of consistent economic expansion and population growth. Occupancy rate: ~ 97% Capitalization rate: 6.48%

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Home facts

  • Year built:1920
  • Listing ID #:22525621
  • Added:100 day(s) ago
  • Updated:December 17, 2025 at 06:56 PM

Heating and cooling

  • Heating:Electric, Forced Air

Structure and exterior

  • Year built:1920
  • Lot area:0.56 Acres

Schools

  • High school:Central
  • Middle school:Norris
  • Elementary school:Liberty

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,695,000
  • Tax amount:$39,887 (2024)

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