Great opportunity for well maintained apartment building in walking distance to Omaha’s Blackstone District. Over $525,000 in Cap Ex over the past 6 years. Property features 22 one bed/one bath units, each with a newer electric heat/cool minisplits, and replacement windows where previous AC units were placed. Over half of the units have been totally updated. 10-stall parking area created at front of building with paid tenant parking. New roof (2018), all 12 garages remodeled, community coin laundry area for additional revenue, large basement storage areas and concrete retaining wall for dumpsters. Plus, the potential to increase value with space for two additional garden walkout units. Agent has equity. AMA
Sold for $1,910,000 on 08/28/25
$1,910,000
123 N 37th St, Omaha, NE 68131
10beds
6,000sqft
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$318/sqft
$1,807 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 29, 2025 at 12:47pm
Listed by:
Todd Walkenhorst 402-690-7523,
Horst Power Realty
Bought with:
Trey Brown, 20220685
PJ Morgan Real Estate
Source: GPRMLS,MLS#: 22511627
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Electric, Heat Pump
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Parking
- Total spaces: 12
- Parking features: Built-In, Garage
- Attached garage spaces: 12
Features
- Fencing: None
Lot
- Size: 0.34 Acres
- Dimensions: 115.3 x 130
- Features: Over 1/4 up to 1/2 Acre
Details
- Parcel number: 0503330003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Omaha
- Subdivision: ALAMO PLAZA
HOA & financial
Other financial information
- Total actual rent: 7835
Other
Other facts
- Listing terms: Conventional,Cash
- Ownership: Fee Simple