117 S 38th StreetOmaha, NE 68131
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Excellent Investment Opportunity in Midtown's Blackstone District! Don't miss this 4-unit multi-family property located in the heart of the highly desirable Blackstone neighborhood. Just steps from popular shops, restaurants, & entertainment, the property also benefits from the upcoming streetcar line to the South that will provide convenient access to Downtown. Current 2026 rental income includes units leased at $1,450, $1,080, and $960 per month, with the fourth unit currently vacant, offering immediate value-add potential and the opportunity to increase cash flow. All appliances are included with the sale. Whether you're looking to expand your portfolio or begin investing in a prime Midtown location, this property offers strong income potential and excellent long-term upside! Please Note: some listing photos were taken when the property was previously vacant and may not reflect current occupancy.
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Omaha, NE is a bustling city in the heart of the Midwest, offering a unique blend of urban amenities and Midwestern charm. Founded in 1854, it lies along the western banks of the Missouri River. As the largest city in Nebraska, Omaha is a vibrant economic hub with a diverse range of industries driving its growth. Home to several Fortune 500 companies, including Berkshire Hathaway and Mutual of Omaha, the city boasts a robust financial sector alongside a thriving healthcare industry, with institutions like the University of Nebraska Medical Center leading the way in medical research and innovation.
Culturally, Omaha is a haven for arts and entertainment enthusiasts. The historic Old Market District in downtown Omaha is a vibrant hub of activity, featuring art galleries, boutiques shops, and acclaimed restaurants. Museums like The Durham Museum and the Joslyn Art Museum showcase the city’s artistic and historical heritage, while the Steelhouse Omaha and the Omaha Performing Art Center host a variety of world-class performances throughout the year.
Sports fans also have plenty to cheer about in Omaha, with the city hosting events like the College World Series at the Charles Schwab Field Omaha, drawing baseball fans from around the country and is home to the Creighton Bluejays, member of NCAA Division I and Big East Conference. Additionally, Omaha’s parks and outdoor spaces, including the renowned Henry Doorly Zoo and Aquarium and the Heartland of America Park, provide ample opportunities for recreation and exploration.
With its strong economy, rich cultural scene, and welcoming community, Omaha offers something for everyone, making it an ideal destination to live, work and play.
If you are ready to start your home buying or selling journey, browse the latest real estate listings in Omaha, NE. You can also contact us—we are here to help!
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| blank | Principal | Taxes | INS / PMI | Other | Total |
|---|---|---|---|---|---|
| Monthly | $2,551.97 | $273.33 | $474.23 | $0.00 | $3,299.53 |
| Yearly | $30,623.64 | $3,279.96 | $5,690.76 | $0.00 | $39,594.36 |
| Total | $918,709.20 | $98,398.80 | $115,651.00 | $0.00 | $1,132,759.00 |
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117 S 38th Street, Omaha, NE 68131.
117 S 38th Street | MLS# 22618723
This multi-family property located at 117 S 38th Street, Omaha, NE 68131 is currently listed for sale with an asking price of $425,000. S 38th Street is located within the Omaha school district. Search Omaha real estate on www.npdodge.com today.