



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.
| Type | School name | District name |
|---|---|---|
| High | Central | Not available |
| Not available | Not available | Not available |
| Elementary | Gifford Park | Not available |
| Not available | Not available | Not available |
| Middle | Lewis and Clark | Not available |
| Not available | Not available | Not available |
| Juniorhigh | Lewis and Clark | Not available |
| Not available | Not available | Not available |
| Year | Tax amount | |
|---|---|---|
| 2026 | USD $4421 | NZD $8,000* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Realty ONE Group Sterling
Property ID: 110121176718
Original Property ID: 3yd-GPRMNE-22632162