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)