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5 Beds
5 Baths
3,453 sqft

$299,000

102 N 38th Avenue, Omaha NE, 68131

Price per sqft$86.59
Built in1900
Property size3,453 sqft
Property typeMulti-family

Overview

Active

New

Listed Nov 11, 2026

Updated 3 days ago

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.

$1,989/mo

Est. mortgage payment based on a $299,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22632162

Interior Features

Bedrooms
5
Bathrooms
5
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$4,421
Tax Frequency
Annually

Listed by Josh Kolbo, Realty ONE Group Sterling, 402-934-0074

Based on information from Great Plains Regional MLS, Inc. as of 11/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Great Plains Regional MLS. All rights reserved.

Data last updated 4:17 AM UTC, 11/12/2026

 

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