604 35Th StOmaha, NE 68105

For Sale
$450,000

Omaha 4-unit apartment building, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 4-unit apartment building presents a compelling value-add investment opportunity in Omaha, Nebraska's vibrant Midtown neighborhood. Located at 604 S 35th St, this 2-story, 2,904 square foot building, constructed in 1955, sits on a 4,818 square foot lot and is zoned R7-ACI-1(PL). Currently boasting 100% occupancy, the property offers four units, each priced at $112,500, for a total asking price of $450,000 ($154.96/sq ft). The property's prime location near Blackstone, UNMC, and Midtown Crossing provides unmatched connectivity to thriving areas. This Class C multifamily property presents significant potential for value enhancement through strategic renovations and lease adjustments. The building's historic charm offers a unique appeal, while its location ensures high demand and strong rental income. This is an ideal investment for those seeking a property with immediate cash flow and substantial upside potential. Serious inquiries are encouraged.

Highlights

  • Value-add opportunity to increase rental income.
  • Excellent location near Blackstone District, UNMC, and Midtown Crossing.
  • Strong market fundamentals; Omaha MSA shows significant multifamily growth.

Property Details for 604 35Th St

Property type
Multifamily properties, Apartment buildings
Square Feet
2,904 SF
Class
C
Year Built
1955
Buildings
1
Stories
2
Units
4

Location Insight

City
Omaha
County
Douglas
State
Nebraska
Latitude
41.254082364186
Longitude
-95.963763735215
604 35Th St, Omaha, Nebraska

FAQs

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604 35Th St
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