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Off market
  • $608,100

    401 S 38th Ave, Omaha, NE 68131

    6beds
    3,117sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $608,100 Zestimate®
    $195/sqft
    $1,555 Estimated rent

    Home value

    $608,100

    $578,000 - $639,000

    $1,555/mo

    Zestimate® history
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    Rent Zestimate®

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    $4,103/mo

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    What's special

    Historic 6-Plex Near Blackstone & Nebraska Medicine Own a piece of Omaha history at 401 S 38th Ave, just one block from the Blackstone District and future free Omaha Streetcar line. Built by Louis Kirschbraun of Kirschbraun & Sons Creamery, this home is on the National Register of Historic Places and has been converted into 6 rental units: -4 one-bed, one-bath apartments- -2 studio units- Rents are below market, offering upside through updates or repositioning. Steps from Nebraska Medicine, UNMC, and Midtown Crossing, the location is ideal for both long-term tenants and short-term rental potential. With strong walkability and high demand, this is a rare opportunity to increase income through Airbnb or traditional leasing in a prime urban setting. Don't miss your chance to invest in one of Omaha's most historic and walkable areas!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: BHHS broker feed,MLS#: 22513246

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Radiant, Natural Gas
    Features
    • Has basement: No
    Interior area
    • Total structure area: 3,117
    • Total interior livable area: 3,117 sqft

    Property

    Details
    • Parcel number: 1310860000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1910

    Community & HOA

    Location
    • Region: Omaha

    Financial & listing details

    • Price per square foot: $195/sqft
    • Tax assessed value: $469,900
    • Annual tax amount: $7,857
    • Date on market: 5/21/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    9/8/2025Price change$650,000-7.1%$209/sqft
    Source: GPRMLS #22513246 Report a problem
    5/20/2025Price change$700,000-24.3%$225/sqft
    Source: GPRMLS #22513246 Report a problem
    5/11/2023Price change$925,000-7%$297/sqft
    Source: SWIAR #23-615 Report a problem
    4/25/2023Listed for sale$995,000+586.2%$319/sqft
    Source: SWIAR #23-615 Report a problem
    2/6/2000Sold$145,000$47/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,857 +0.8%$469,900
    2024$7,796 -8.4%$469,900 +16.5%
    2023$8,511 -1.2%$403,400
    2022$8,611 +53.1%$403,400 +51.8%
    2021$5,626 -1.1%$265,800
    2020$5,691 +3.7%$265,800 +4%
    2019$5,486 +48.8%$255,500 +49%
    2018$3,688 +0.2%$171,500
    2017$3,680 $171,500
    2016$3,680 +1.4%$171,500
    2015$3,631 $171,500
    2014-- $171,500
    2013-- $171,500
    2012-- $171,500
    2011-- $171,500
    2009$3,519 $171,500
    2008-- $171,500 +41.3%
    2005-- $121,400
    2004-- $121,400
    Find assessor info on the county website

    Neighborhood: Blackstone

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

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    $608,100
    2% more
    +$12,162
    With Zillow Showcase(estimated)
    $620,262