Come explore this exceptional investment opportunity in the heart of Midtown! This property includes a 6-unit building and a stand-alone single-family home, all on one parcel. With four units already renovated, you'll enjoy immediate rental income. One unit is currently vacant offering perfect potential for upgrades or new tenants. Current rents are at $5060 per month. Priced well below appraised value, this property offers immense value-add potential for investors aiming to maximize returns as well as a great BRRR opportunity. Don’t miss out on this rare chance to invest in Midtown’s thriving market! Call today to schedule your private showing.
Property Details
Property Features
Property Information:
Year Built: 1950
Listing Office:
Office Name: BHHS Ambassador Real Estate
Office Phone: (402) 493-4663
Listing Agent: Tyler Trelles
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Attached Garage: No
Parking: Detached
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air, Heat Pump
Price Information
Listing Price Info
Price Summary:
List Price: $380,000
Tax Information:
Annual Amount: $4,753
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Field Club Elementary School
3512 Walnut St
Distance between this listing and this school0.53 miles
Public District Grades PK-5
2
/10
Jackson Elementary School
620 S 31st St
Distance between this listing and this school0.65 miles
Public District Grades PK-6
3
/10
Castelar Elementary School
2316 S 18th St
Distance between this listing and this school0.88 miles
Public District Grades PK-5
Nearby Schools
3
/10
Norris Middle School
2235 S 46th St
Distance between this listing and this school1.42 miles
Public District Grades 6-8
3
/10
R. M. Marrs Magnet Middle School
5619 S 19th St
Distance between this listing and this school3.08 miles
Public Magnet Grades 6-8
3
/10
King Science & Technology Center
3720 Florence Blvd
Distance between this listing and this school3.42 miles
Public Magnet Grades 6-8
Nearby Schools
1
/10
Central High School
124 N 20th St
Distance between this listing and this school1.31 miles
Public District Grades 9-12
1
/10
Omaha South High School
4519 S 24th St
Distance between this listing and this school2.13 miles
Public Magnet Grades 9-12
1
/10
Benson High School
5120 Maple St
Distance between this listing and this school3.52 miles
The neighbors living near this home have an average income of $25,822. Most Omaha, NE residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 1526 S 29th St in Omaha, NE and zip code 68105 in the Midtown Omaha neighborhood. This home was built in 1950. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $380,000.
Omaha, NE housing market in October 2024 saw over 110 listings sold above listed price, more than 141 sold at listed price and over 205 sold below. The number of homes for sale in Omaha, NE increased by 5.2% between September 2024 and October 2024. In October 2024 median list price was $290,000 and the average listing age was 19 days.
From Rocket Homes Real Estate and based on county public records data.