401 S 38th Avenue, Omaha, NE 68131
Local realty services provided by:Better Homes and Gardens Real Estate The Good Life Group
401 S 38th Avenue,Omaha, NE 68131
$650,000
- 6 Beds
- 6 Baths
- 3,117 sq. ft.
- Multi-family
- Active
Listed by:mike tesnar
Office:bhhs ambassador real estate
MLS#:22513246
Source:NE_OABR
Price summary
- Price:$650,000
- Price per sq. ft.:$208.53
About this home
INVESTORS! SELLER FINANCING WITH INTEREST ONLY PAYMENTS! Historic 6-Plex Near Blackstone & Nebraska Medicine Own a piece of Omaha history at 401 S 38th Ave, just one block from the Blackstone District and future free Omaha Streetcar line. Built by Louis Kirschbraun of Kirschbraun & Sons Creamery, this home is on the National Register of Historic Places and has been converted into 6 rental units: -4 one-bed, one-bath apartments- -2 studio units- Rents are below market, offering upside through updates or repositioning. Steps from Nebraska Medicine, UNMC, and Midtown Crossing, the location is ideal for both long-term tenants and short-term rental potential. With strong walkability and high demand, this is a rare opportunity to increase income through Airbnb or traditional leasing in a prime urban setting. Don't miss your chance to invest in one of Omaha’s most historic and walkable neighborhoods. Seller can offer seller financing at 5% INTEREST ONLY!
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Home facts
- Year built:1910
- Listing ID #:22513246
- Added:114 day(s) ago
- Updated:September 08, 2025 at 08:04 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Living area:3,117 sq. ft.
Heating and cooling
- Heating:Radiant
Structure and exterior
- Year built:1910
- Building area:3,117 sq. ft.
- Lot area:0.19 Acres
Schools
- High school:Buena Vista
- Middle school:Norris
- Elementary school:Beals
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$208.53
- Tax amount:$7,795 (2024)
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