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About This Home
This 5-bedroom, 2-bathroom multi-family at 117 S 38th Street in Omaha, NE is listed for $425,000. Built in 1904, on a N/A lot.
Danielle Altman, M: 402-943-6084, danielle.altman@bhhsamb.com, https://www.bhhsamb.com - Excellent Investment Opportunity in Midtown's Blackstone District! Don't miss this 4-unit multi-family property located in the heart of the highly desirable Blackstone neighborhood.
Just steps from popular shops, restaurants, & entertainment, the property also benefits from the upcoming streetcar line to the South that will provide convenient access to Downtown. Current 2026 rental income includes units leased at $1,450, $1,080, and $960 per month, with the fourth unit currently vacant, offering immediate value-add potential and the opportunity to increase cash flow.
All appliances are included with the sale. Whether you're looking to expand your portfolio or begin investing in a prime Midtown location, this property offers strong income potential and excellent long-term upside! Please Note: some listing photos were taken when the property was previously vacant and may not reflect current occupancy
Key Features
- Built in 1904
- 7 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
117 S 38th Street
Omaha, NE 68131
Jerome Park
Features & Amenities
Exterior Features
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 2-bathroom multi-family at 117 S 38th Street is listed at $425,000. The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.
Key features include: Built in 1904, 7 parking spaces. Exterior Features: Porch, Deck/Balcony.
This property is listed by Danielle Altman and can be reached at 4029436084 or danielle.altman@bhhsamb.com.
