218 S 38th Avenue

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Address: 218 S 38th Ave, Omaha, NE 68131, USA
Chicago & Midwest + Apartment Buildings
Created date: July 28, 2026
Date last updated: September 24, 2026
Price: $1,200,000Investment Analyzer NEW!
  • 10,440 SF building
  • 12 units
  • Built in 1986
  • Zoned R8
  • Strategic location in Omaha area

Property Description

Explore an exceptional investment opportunity in the heart of the Omaha area with this distinguished property. Boasting a 10,440 SF building with 12 stylish units, this well-appointed asset offers a compelling proposition for multifamily and high-rise investors. Constructed in 1986 and zoned R8, the property provides a desirable foundation for development or continued operations. Its strategic location in the thriving Omaha area positions it as a prime asset for catering to the burgeoning demand for quality multifamily living. Don't miss out on the chance to add this prized property to your portfolio and capitalize on the attractive potential for long-term growth and profitability in this vibrant market.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,200,000
No. of Units: 12
Year Built: 1986
Lot Size: 0.28 Acres
Opportunity Zone: No
Price per unit: $100,000
Property Website Click Here
Address: 218 S 38th Avenue, Omaha, NE 68131, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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