Opportunity awaits at 1309 S 32nd St, Omaha a five-unit multifamily property offering immediate income and long-term upside. Each unit is a 1 bed / 1 bath, with current gross rents totaling $4,550/month. Located just minutes from Midtown, UNMC, and downtown, this property sits in a high-demand rental corridor with strong tenant interest. This is a prime value-add opportunity for investors looking to build equity and increase returns over time. Whether you're growing your portfolio or starting your multifamily journey, this centrally located 5-plex offers solid cash flow and future potential.
For sale
$400,000
1309 S 32nd St, Omaha, NE 68105
5beds
--sqft
Est.:
Multi Family
Built in 1890
-- sqft lot
$390,800 Zestimate®
$--/sqft
$-- HOA
What's special
- 28 days
- on Zillow |
- 604 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 11:05pm
Listed by:
AJ Schmidt 712-310-6119,
eXp Realty LLC
Source: GPRMLS,MLS#: 22519427

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Radiant
Cooling
- Window Unit(s)
Features
- Has basement: Yes
- Has fireplace: No
Property
Parking
- Total spaces: 5
- Parking features: No Garage
- Covered spaces: 5
Features
- Levels: Two
- Patio & porch: Porch, Patio
- Fencing: None
Lot
- Size: 7,209.18 Square Feet
- Dimensions: 51.5 x 140
- Features: Up to 1/4 Acre., Alley
Details
- Parcel number: 1237390000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Masonite
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Hanscom Place
HOA
- Has HOA: No
Location
- Region: Omaha
Financial & listing details
- Tax assessed value: $284,600
- Annual tax amount: $4,602
- Date on market: 7/14/2025
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
- Total actual rent: 4550
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