Details
- $233,955
- MLS# 22627287
- Multi Unit - Multiple
- New
Description
Showings start at Open House Sun 9/27 1-3pm. Turnkey 3-unit investment in Walnut Hill, steps from Dundee! Fully occupied 1918 triplex offered at $233,955 - just $77,985/door and priced 4.3% BELOW 2026 assessed value. In-place NOI delivers a 7.8% cap rate today, with a clear path to ~8.9% simply by bringing under-market Units 2 & 3 up to rent as leases turn. Recent capital work: two new garage doors, repaired exterior staircase footings, and a fully repaired common-entrance ceiling - nearly every 2022 code item now cured. Owner exposure limited to tax & insurance only; CAM/MUD is a tenant-paid surcharge. Bonus income potential: two rentable garage spaces plus shared laundry. Rear alley access, fresh landscaping, and a location minutes from UNMC's $103M Saddle Creek Market redevelopment, Benson's entertainment district, and a direct run to Creighton/Eppley Airfield. Documents and link to come on Thursday. NOTE: another similar property is available for package sale. Please request info.
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Area Information
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!
Market Trends
Demographics
Mortgage Calculator
| blank | Principal | Taxes | INS / PMI | Other | Total |
|---|---|---|---|---|---|
| Monthly | $1,404.82 | $340.50 | $267.10 | $0.00 | $2,012.42 |
| Yearly | $16,857.84 | $4,086.00 | $3,205.20 | $0.00 | $24,149.04 |
| Total | $505,735.20 | $122,580.00 | $64,244.04 | $0.00 | $692,559.24 |
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