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For sale
    • $870,000

    1014 N 48th Ave, Omaha, NE 68132

    12beds
    3,969sqft
    : 
    $6,282/mo
    Get pre-qualified
    Multi Family
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $219/sqft
    $-- HOA

    What's special

    Fully occupied 12-unit building in a high-demand corridor near Dundee, Blackstone, and UNMC. All units are 1-bed/1-bath with rents currently below market, offering immediate upside and stronger cap-rate potential. Major capital improvements already completed, including over $155,000 in new stairs and balconies (2023) and more than $60,000 in concrete work from 2017–2024. Private parking lot for all tenants. Basement includes existing hookups for a paid laundry setup, creating an additional revenue opportunity. Well-maintained, owner-operated asset since 2001 with stable performance and clear value-add pathways. AMA Buyer to Verify Schools.
    52 days
    |
    372
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Gollin 402-310-3717,

    Nebraska Realty

    Source: GPRMLS,MLS#: 22615434MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 12
      • Full bathrooms: 12
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Range, Refrigerator
      Features
      • Has basement: Yes
      • Has fireplace: No
      Interior area
      • Total structure area: 3,969
      • Total interior livable area: 3,969 sqft

      Property

      Parking
      • Total spaces: 12
      • Parking features: No Garage
      • Covered spaces: 12
      Features
      • Levels: Three Or More
      • Patio & porch: Covered Deck, Deck
      • Fencing: None
      Lot
      • Size: 0.3 Acres
      • Dimensions: 98 x 133
      • Features: Over 1/4 up to 1/2 Acre, Corner Lot
      Details
      • Parcel number: 0752790002

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Masonite, Brick/Other
      • Foundation: Block
      • Roof: Composition
      Condition
      • Not New and NOT a Model
      • New construction: No
      • Year built: 1965

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: CARTHAGE ADD
      HOA
      • Has HOA: No
      Location
      • Region: Omaha

      Financial & listing details

      • Price per square foot: $219/sqft
      • Tax assessed value: $522,000
      • Annual tax amount: $8,728
      • Date on market: 6/3/2026
      • Listing terms: Conventional,Cash
      • Ownership: Fee Simple
      • Total actual rent: 4325

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,416/mo

        Price history

        DateEventPrice
        6/3/2026Listed for sale$870,000+310.4%$219/sqft
        Source: GPRMLS #22615434 Report a problem
        8/3/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/16/2024Listed for rent$625+1.6%
        Source: Zillow Rentals Report a problem
        8/23/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/10/2023Listed for rent$615
        Source: Zillow Rentals Report a problem
        7/26/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/5/2023Listed for rent$615
        Source: Zillow Rentals Report a problem
        5/10/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/15/2023Listed for rent$615
        Source: Zillow Rentals Report a problem
        3/10/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/29/2022Listed for rent$615+2.5%
        Source: Zillow Rental Manager Report a problem
        11/5/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/13/2022Listed for rent$600
        Source: Zillow Rental Manager Report a problem
        9/8/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        7/23/2022Listed for rent$600
        Source: Zillow Rental Manager Report a problem
        5/25/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        5/5/2022Listed for rent$600+9.1%
        Source: Zillow Rental Manager Report a problem
        7/1/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/17/2021Listed for rent$550
        Source: Zillow Rental Manager Report a problem
        3/1/2021Listing removed--
        Source: Owner Report a problem
        11/17/2020Listed for rent$550+6.8%
        Source: Owner Report a problem
        8/31/2020Listing removed$515
        Source: Owner Report a problem
        8/2/2020Listed for rent$515
        Source: Owner Report a problem
        5/28/2020Listing removed$515
        Source: Owner Report a problem
        11/9/2001Sold$212,000$53/sqft
        Source: GPRMLS #104490 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,728 +3.4%$522,000
        2024$8,441 -23.4%$522,000
        2023$11,013 +39.1%$522,000 +40.7%
        2022$7,917 +13.7%$370,900 +12.7%
        2021$6,966 -1.1%$329,100
        2020$7,046 -0.3%$329,100
        2019$7,067 -0.1%$329,100
        2018$7,076 +8.5%$329,100 +8.3%
        2017$6,519 $303,800
        2016$6,519 +15.9%$303,800 +14.3%
        2015$5,625 $265,700
        2014-- $265,700
        2013-- $265,700 +19.1%
        2012-- $223,000
        2011-- $223,000
        2009$4,576 $223,000
        2008-- $223,000
        2005-- $223,000 +6%
        2004-- $210,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Dundee

        Getting around

        75 / 100
        Very Walkable
        33 / 100
        Some Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Harrison
        • Middle: Lewis and Clark
        • High: Central
        • District: Omaha

        Source: GPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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